Share to Facebook Share to Twitter Bookmark and Share
File #: 202000990    Version: 1
Type: Motion Status: Adopted
File created: 7/31/2020 In control: Cincinnati City Council
On agenda: 9/2/2020 Final action: 9/2/2020
ORD/RES# date: ORD/RES#:
Title: MOTION, dated 7/31/2020, submitted by Vice Mayor Smitherman and Councilmember Mann, The Property Tax Working Group (PTWG) was created by motion on September 5, 2018 to study trends related to property taxes. Especially important were, rising property taxes in areas experiencing significant levels of development, helping senior citizens remain in their homes and communities, and reporting on best practices of other cities and states. WE MOVE that the above Tax Abatement Caps be approved by Cincinnati City Council. A previous Cincinnati City Council removed some caps for tax abatements when the national, regional, and local economy was very different than today. (BALANCE ON MOTION ON FILE IN THE CLERKS OFFICE)
Sponsors: Christopher Smitherman
Attachments: 1. MOTION 202000990

title

MOTION, dated 7/31/2020, submitted by Vice Mayor Smitherman and Councilmember Mann, The Property Tax Working Group (PTWG) was created by motion on September 5, 2018 to study trends related to property taxes. Especially important were, rising property taxes in areas experiencing significant levels of development, helping senior citizens remain in their homes and communities, and reporting on best practices of other cities and states.

WE MOVE that the above Tax Abatement Caps be approved by Cincinnati City Council. A previous Cincinnati City Council removed some caps for tax abatements when the national, regional, and local economy was very different than today. 

(BALANCE ON MOTION ON FILE IN THE CLERKS OFFICE)

recommendation

ADOPT