County auditor to present training on levy funding

Wood County Auditor Matt Oestreich will present a training on levy funding on Feb. 25, at 5:30 p.m., in the Wood County Courthouse Atrium.

The training is for members of the Wood County Alcohol, Drug Addiction and Mental Health Services Board, plus the general public.

The program will include a discussion of market value and assessed value, tax based-classes and percent of total, impact of new construction and tax abatements. Also covered will be school funding, highest and lowest tax rates, re-appraisal versus tri-update, election expenses and the WCADAMHS board’s largest vendors.

The regularly scheduled WCADAMHS Board meeting will follow the presentation and will be in the atrium as well.