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TPP PROMISE BROKEN IN PICTURES
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LOCAL PROPERTY TAX STATE AID TPP BEFORE THE H.B. 66 PROMISE 2004 LOCAL PROPERTY TAX $11 Million BASIC STATE AID OHIO $ SOLON SCHOOL FUNDING PROPERTY TAX SOLON & GLENWILLOW HOMEOWNERS & BUSINESS $ TPP TAX SOLON & GLENWILLOW BUSINESSES $
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STATE AID LOCAL PROPERTY TAX CAT REIMBURSEMENT CAPPED AT 2004 RATE $11 Million SOLON SCHOOL FUNDING OHIO THE H.B. 66 PROMISE STATE COLLECTS THE CAT & REIMBURSES SCHOOLS 2005-TODAY $ CAT TAX SOLON & GLENWILLOW BUSINESSES $ PROPERTY TAX SOLON & GLENWILLOW HOMEOWNERS & BUSINESS $ BASIC STATE AID OHIO $
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THE PROMISE BROKEN STATE PHASES OUT TPP REIMBURSEMENTS 2011-2020 STATE AID REDUCED > 50% IN FY11 BUDGET $11 Million STATE USURPS SOLON TPP REIMBURSEMENTS FROM CAT TAX TO BALANCE BUDGET $0 SOLON SCHOOL FUNDING LOCAL PROPERTY TAX PROPERTY TAX SOLON & GLENWILLOW HOMEOWNERS & BUSINESS $ CAT TAX SOLON & GLENWILLOW BUSINESSES $ BASIC STATE AID OHIO $ RETURN TO SOLON SCHOOLS
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