The Intelligencer – If proposed Amendment 2 in West Virginia passes on Nov. 8, Ohio County Schools stands to lose about 9% of its yearly budget — or an expected $7 million annually, according to a member of a Charleston-based public policy organization.
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Seth DiStefano, policy outreach director for the West Virginia Center on Budget and Policy, offered a presentation on Amendment 2 during Monday night’s Ohio County Board of Education meeting.
Amendment 2, titled the “Property Tax Modernization Amendment,” would amend the State Constitution by providing the legislature with authority to exempt tangible machinery and equipment used in business activity, as well as the personal property tax on motor vehicles paid by individuals.
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