COLUMBUS, Ohio – A sales tax increase could be in Franklin County’s future.
The county commissioners are assembling a panel to find ways to boost revenue in the face of state funding cuts and a higher sales tax is among the options on the table.
Franklin County has one of the lowest sales tax rates in Ohio at three quarters of a percent.
A quarter-percent hike would reportedly raise $48 million a year.
The 0.75 percent county sales tax, last raised in 2005, is paid by consumers on top of the 5.5 percent state sales tax and a 0.5 percent tax to fund COTA.