Rose Law Group of Counsel Jeff Rich tells ‘Columbus Dispatch’ ‘Stop taking money from schools’

Property-tax breaks have quadrupled in Franklin County

By Bill BushThe Columbus Dispatch  •  Wednesday September 3, 2014 5:30 AM
The number of properties receiving a tax abatement or having a portion of their property-tax revenue redirected to another purpose has exploded in Franklin County over the past 15 years, a Dispatchanalysis has found.The total amount of property value in an abatement or tax-increment-financing zone has gone from about $1.4 billion in 1999 to about $6.7 billion today, records show.

Almost $2 billion was abated through Community Reinvestment Area abatements, or CRAs, which can erase the owner’s tax bill on new construction for up to 15 years.

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