Weak Economy, Predatory Lending Lead to Foreclosure Leap
Dayton Daily News by By Cathy Mong, Shaheen Samavati DAYTON | For the second year in a row, Montgomery County leads the state in the number of foreclosures per person. According to Policy Matters Ohio, a Cleveland-based research organization, 4,002 foreclosures were filed in 2004 among the county’s 550,063 residents
Default on Loans Soars
Springfield News-Sun An Ohio think tank released a report Thursday showing Clark County has the state’s fourth highest foreclosure rate, quantifying the continuation of a problem that has bedeviled city officials and nonprofits for almost a decade. Policy Matters Ohio, a Cleveland-based research institute, released data that showed 894 foreclosures were filed in Clark County […]
Employment and Economy – Week in Review
The Hannah Report Gov. Bob Taft awarded more than $1.1 million in grants to five colleges and one career center to provide advanced training for Ohio’s skilled workforce and said this advanced training will help companies to further the skills of existing workers and to prepare those who will need to replace a growing number […]
County Ranks 11th in State Foreclosures
Hamilton Journal News With 1,952 foreclosure filings in 2004, Butler County ranked 11th among the 88 counties in the state in filings per capita. That equates to one foreclosure filing for every 177.5 people in the county. From 2003 to last year, the number of foreclosure filings in Butler County increased five percent. For the […]
Home Foreclosures Up 3% Again in 2004, Policy Matters Report Indicates
Gongwer News Service The state’s home foreclosure rate increased by 3% in 2004, the second consecutive year with the same increase, according to a report released Thursday by Policy Matters Ohio. Although the report indicates that the 3% growth rate represents a leveling off of foreclosures, it notes that foreclosure growth has quadrupled over the […]
Ohio Foreclosures Up, Research Group Reports
The Hannah Report Policy Matters Ohio (PMO), a Cleveland research group, reported Thursday that foreclosures continued to rise in Ohio in 2004. PMO, which analyzed data from the Ohio Supreme Court, which updates previous reports on the subject that provide more history and explanation, said Ohio’s foreclosure filings rose three percent for a second year […]
Ohio Prepares Tax Overhaul
The Akron Beacon Journal By Dennis J. Willard and Doug Oplinger COLUMBUS – Gov. Bob Taft will have 10 days to peruse, review and possibly apply his line-item veto pen to a new two-year state budget as lawmakers prepare to vote today to pass the $51.2 billion spending plan. Republican House and Senate members are […]
Hospitals Not Returning Tax Benefits, Report Says; Industry Leader Defends Offerings
Gongwer News Service Ohio’s community nonprofit hospitals benefited from tax breaks of about $900 million in 2003, but provided charity care valued at far less than that amount, according to a new report presented to a panel of legislators on Thursday. The study, produced by District 1199 of the Service Employees International Union, questioned whether […]
Panel Explores Nonprofit Hospitals’ Charity Care, Tax Breaks
The Hannah Report A hearing into whether Ohio’s nonprofit hospitals are meeting their duty to provide charitable care in exchange for the tax breaks they receive ended on a sour note as the chair of the panel, Rep. Barbara Sykes (D-Akron), chastised the hospital representative for his attitude. “For someone who has been around here […]
Minimum Wage Reform Gains Steam with Long Road Ahead
The NewStandard Hoping to give the poorest workers a modest boost, anti-poverty activists are pushing forminimum wage increases on the state and federal levels, with the long-term aim of turning the issue into a platform for broader policies to stem inequality. Full Article
How Will Ohio Know Whether Tax Plan Works?
Dayton Daily News Gov. Bob Taft’s tax plan is frequently described with a single word: complex. The term aptly applies to the plan’s details, but keeping track of the bigger picture isn’t so confusing. Gov. Taft appears to have won approval of most of the changes he’s proposed, the centerpiece of which is replacing Ohio’s […]
Study: Taxes Don’t Affect Migration
Business First of Columbus Although many Ohioans continue to leave the state, a Cleveland think tank says it’s not because of income taxes. Policy Matters Ohio released a report this week finding no link between migration out of Ohio and the state’s income taxes. The group said the study is meant to refute part of […]