LUCAS COUNTY, Ohio — Ohio legislators have approved a measure that will provide a one-time property tax credit for homestead recipients, saving them potentially hundreds of dollars more per year.
The tax credits come from a $350 million excess in state revenue, according to a press release from the Lucas County Auditor’s Office. Under current homestead exemptions, property owners in Lucas County save on average $550 per year. With this credit, savings will increase, on average, by an additional $450 in 2027.
This credit is available to residents who received either the Homestead or Enhanced Homestead Exemption in 2026. Those who aren’t currently under the exemption can still qualify for the 2027 credit by applying for the exemption by Oct. 3…