Published: Friday, September 22, 2006
$94M collected in real estate taxes
YOUNGSTOWN Mahoning County has collected about $94 million in real estate taxes in the second half collection that closed Aug. 4, John B. Reardon, county treasurer, has announced. This compares with about $90 million in the same collection last year and about $88 million the year before, he said.
Reardon attributed the increase to a number of factors, including new levies approved by the voters last November, new construction, improved tax collection efforts and increases in the value of property. The county treasurer's office reported its August 2006 collection results Thursday.
On average, 65.4 percent of the money collected goes to school districts, 12.7 percent for municipal and township governments, and 2 percent for locally approved levies, such as police, fire and the Western Reserve Transit Authority.
Remaining percentages go to the following countywide voted levies: Mill Creek MetroParks, 2.9 percent; Children Services Board, 2.5 percent; Mental Health Board, 1.8 percent; Tuberculosis Clinic, less than 1 percent; Board of Mental Retardation and Developmental Disabilities, 7.1 percent; Public Library of Youngstown and Mahoning County, 1.6 percent; county bond retirement, 3.1 percent; and the county general fund, less than 1 percent.