Potential tax breaks for protest property damage


Potential tax breaks for protest property damage


There might be some tax relief for property owners dealing with damage from recent protests and demonstrations Downtown and elsewhere.

Franklin County Auditor Michael Stinziano said his office will work with owners dealing with damage to determine whether tax breaks are available, through an existing mechanism usually for properties hit hard by storms or other natural disasters.

“If it’s property damage, the law allows us to go in and work on what that reduction is,” Stinziano said. “If it’s broken windows, (property owners likely) have insurance, but the property that caught on fire, that’s something that we would be able to kick in” tax relief.
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RSK: Many cities and counties could use such a program. Not everyone has insurance that will cover the damage.

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- - Volume: 8 - WEEK: 24 Date: 6/9/2020 9:19:25 AM -