Business

Tax Information

Ohio's 3^rd straight Governor’s Cup is further proof that the state's efforts to redesign its business climate are working. Ohio's tax reform, which will be fully implemented in 2010, will make it only 1 of 2 states without a general tax on corporate income or personal property. 3rd party experts have already confirmed that Ohio's tax code changes have resulted in the state having the lowest taxes in the Midwest. Ohio's tax system is the state's largest incentive. Unlike other incentive programs, companies don't need to complete an application to be eligible. See here for the 2008 Business Tax Guide.

Similar to the State's actions of tax reform, Medina County is the first Ohio County to address how the residents finance the capital projects in their school districts. The commissioners voted to use .5 % of the alloted 2% sales tax to finance the building and maintenance needs of the Medina County Schools. According to the 2006 census, Medina County is the 5th fastest growing county in Ohio. The population growth places a burden upon our school districts to not only maintain but grow our classrooms. The new tax which does not increase the taxes of our property owners but draws from purchases made in the county has provided in its initial distribution to the districts . With the addition of the .5% increase to the sales tax, only 4 counties of Ohio's 88 have a lesser tax than Medina County's 6.5%. See County Sales Tax Map.

In 2004 the city of Medina initiated a municipal income tax of 1.25%. Through strategic planning, efficiency studies, and a thorough budgeting process the city has remained fiscally strong during the current economic conditions.

For those companies looking to register withholding tax with the City, you may contact:
CCA Municipal Income Tax
205 W. Saint Clair Ave.
Cleveland, Ohio 44113-1503
P- 216-664-2070
F- 216-420-8299
http://www.ccatax.ci.cleveland.oh.us/mframe.asp

Click on any of the following links to open a window that will elaborate on the taxes for each of the jurisdictions:

State of Ohio

Medina County

City of Medina

MEETINGS & NOTICES

Information for small businesses on Medina's Electric Aggregation Program - Letter to Small Business, Terms and Conditions and Frequently Asked Questions.

City of Medina's Commercial
Development Handbook

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LINKS

3/50 Project - Did you know that for every $100 spent in locally owned independent stores, $68 returns to the community? Be a part of the solution.

Medina County's unemployment rate 5th lowest in the State. County Map

KEY CONTACT

Sandy Davis
Administrative Assistant
132 N. Elmwood Ave.
Medina, Ohio 44256
Phone: 330-722-0397
Fax: 330-722-9045
sdavis@medinaoh.org

Greg Hannan
Community Development Director
(Planning & Zoning)
132 N. Elmwood Ave.
Medina, Ohio 44256
Phone: 330-722-9023
Fax: 330-722-9045
ghannan@medinaoh.org