A recent tax increment financing ruling from the Ohio Supreme Court
In a 7-0 decision, the Ohio Supreme Court ruled last month that the city of Centerville could “set up a TIF (tax increment financing) district within 268 acres of land it annexed from Sugarcreek Township for development,” despite the fact that doing so deprived Sugarcreek Township of “collecting property taxes on the improved land,” according to The Hannah Report. In the opinion, the Court said that R.C. 709.023(H) “does not grant townships the unfettered ability to collect any and all taxes that may arise from the real property or improvements to the real property.” For more, read the decision.
