From SignalOhio.org: Ohio’s biggest tax break for data centers is more expensive than once thought. A lot more expensive.
In 2024, the state sales tax exemption for data centers cost Ohio about $555 million in revenue, four times more than the state Department of Taxation forecasted.
In 2025, it cost a whopping $1.6 billion, eleven times more than the original estimate of $136 million
And that’s to say nothing of the local sales taxes – another $166.8 million in lost revenue in 2024, according to new actual cost data provided this week by Ohio Department of Taxation spokesperson Andrea Lannom.
Read the whole story: https://signalohio.org/ohio-data-center-tax-break-cost-1-4-billion-more-than-expected-in-2025/