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Tax Forms Finance & Budget City of Cincinnati

Tax Forms Finance & Budget City of Cincinnati

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good evening funding your child's education the city and school districts struck a deal the new tax abatement ensures that CPS gets its fair share property taxes under the city's abatement policies now in abatement is a tax break for a new development nine undersides Mario Carbone is following this and the latest developments in here Muriel the two sides have been fighting back and forth to make a new deal for months correct they have been and it's been pretty heated on both sides in fact the mayor actually saying today that at this point now it's time to put all of that bickering behind them moving forward with this new deal and really putting the children first so here's a look at some of the numbers under the old deal that has just expired the district was still receiving 25 to 27 percent of the property tax value on those abated projects but under this new deal that number it's now bumped up to 33% now on the other side to this the ci

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