McNally speaks out against Homestead tax changes

Homestead tax presser

YOUNGSTOWN, Ohio (WKBN) — Youngstown mayoral candidate John McNally and Mahoning County Auditor Michal Sciortino spoke out Friday against Ohio Gov. John Kasich’s position on the Homestead Tax Exemption.

The two local leaders were joined by Boardman homeowner Jim McGuiness. The group is taking issue with the governor’s new guideline that raises the income requirement for eligibility for the program.

The tax exemption allows qualifying seniors and those with disabilities to exempt $25,000 in property value from their taxes. Across Ohio, the average savings per year is about $400.

Under Kasich’s new budget, those making $30,000 or more a year are not eligible.

“Quite frankly when you are talking about the property tax issue that mean looking out for all Ohioans and it means focusing on the middle class and what is in their best interest,” said McNally.

For those individuals who already have the homestead exemption in place, they should not lose their exemption due to a high income level. However, the change in the law will affect new applicants for the homestead exemption.

“To put a cap if you are making over $30,000 is crazy,” said McGuiness. “If the rich are getting richer and the poor are getting poorer, even $441 a year helps out a lot of people.”

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