More Local Governments Aiding Taxpayers

While historic inflationary real estate values will lead to upcoming tax increases, Auditor Nancy Nix and several local governments are working to help mitigate the impact. Together, their actions will save taxpayers a collective $30 million.

It took a few months of consideration, but more local governments are taking the Auditor up on her suggestion to voluntarily provide relief to their taxpayers in the face of massive value increases with the latest state-mandated triennial update.

“I applaud those local governments who have elected to hold the line on tax increases.” said Nix. “Their costs have increased, too, from inflation, but they are foregoing the additional inside millage funding that would have been generated from the value increases in their localities.”

Back in September, Auditor Nix unveiled a proposal that could have saved Butler County taxpayers a collective $39 million in property taxes if all local governments deferred collecting taxes on their inside millage above last year’s amount. Fairfield Township quickly came on board with the plan and the
Village of Seven Mile followed, but initially they were the only two local governments that voted to participate.

However, in late November the County Commissioners approved a reduction in inside millage of 0.44 mills, or about $5.75 million in estimated taxpayer savings. West Chester Township, Liberty Township and the City of Middletown have now followed suit.

The total savings for West Chester taxpayers on the 0.29 inside millage reduction is about $946,000. In Liberty Township, the inside millage reduction is 0.39 mills and the collective taxpayer savings is about $700,000. The City of Middletown passed a resolution on Dec. 12 and is going with a 0.275 inside mill
reduction, which will save taxpayers about $302,000.

Earlier this year, Fairfield Township authorized a 0.33 inside mill reduction for a collective savings of about $254,000 and Seven Mile authorized an inside mill reduction of 0.4 mills that will bring a total savings of $8,400.

Combined, these entities are leaving about $8 million in the pockets of their constituents that they were legally authorized to collect. In so doing, the local governments will still receive inside millage amounts at least equal to the 2022 tax year.

The projected benefit from the Commissioners’ 0.44-mill inside millage reduction is $15.40 for a $100,000 home and $46.20 on a $300,000 home, which is close to the average home value in Butler County.

Below is a listing of the local governments that are reducing inside millage collections for the 2023 tax year, the total savings and the amount saved for a $100,000 property and a $300,000 residential property.

Local Government Est. Total Savings 100K Home Savings $300K Home Savings
Butler County $5,754,215 $15.40 $46.20
Fairfield Township $254,481 $11.55 $34.65
Liberty Township $700,424 $13.65 $40.95
City of Middletown $302,006 $9.63 $28.88
West Chester Township $946,077 $10.15 $30.45
Village of Seven Mile $8,400 $14.00 $42.00

While no school districts offered to give up any inside millage increases, the Auditor has discretion and will be reducing voted millage in nine school districts with a collective savings to taxpayers of $22.1 million. The only district untouched is New Miami as they have no current debt collections or eligible levies.

The per-school-district savings breakdown and savings per $100,000 and $300,000 home are shown below:

School District Est. Total Savings 100K Home Savings $300K Home Savings
Edgewood $1,494,939 $76.65 $229.95
Fairfield $2,316,859 $35.00 $105.00
Hamilton $2,519,656 $70.00 $210.00
Lakota $5,147,074 $35.00 $105.00
Madison $824,815 $105.00 $315.00
Middletown $5,608,292 $176.75 $530.25
Monroe $2,379,592 $152.25 $456.75
Ross $639,168 $35.00 $105.00
Talawanda $1,128,247 $35.00 $105.00

“Our office annually reviews school finances and discusses fund balances with school treasurers in an effort to balance a district’s needs while safeguarding taxpayers,” said Nix. “The upcoming rate reductions will be tangible for homeowners and we appreciate the cooperation of school district treasurers.”

Without lowering the rates on bonds, emergency levies and substitute levies, carryover balances would have continued to swell.

“When combined with the rate reductions my office is implementing, homeowners in Middletown will be seeing reductions from the Commissioners, the City, and the school in an amount of about $202 per $100,000 in home value,” said Nix. “That should provide a real help.”