For five years, the issue has been percolating through the Ohio Department of Taxation and the Courts: When Cincinnati leased its municipal golf courses to Billy Casper Golf Management, did their real property become taxable?
The State Tax Commissioner said the property did become taxable. The Board of Tax Appeals disagreed, and the Ohio Supreme Court unanimously agreed with the City of Cincinnati last week that the privatization agreement did not render the property taxable.
Court News of Ohio has the story here.
The decision, Joseph P. Testa, Tax Commissioner of Ohio v. City of Cincinnati, is here.