- Associated Press - Wednesday, July 20, 2016

COLUMBUS, Ohio (AP) - A divided Ohio Supreme Court has ruled that a nonprofit property management company created by a charter school can’t claim a school-related exemption from property taxes.

In a 4-3 decision Wednesday, the high court affirmed a state board’s decision to deny a 2010 tax exemption to 250 Shoup Mill LLC, a corporation established by backers of Horizon Science Academy Dayton High School.

Justices said the “public-schoolhouse exemption” that existed at that time wasn’t intended for properties used with a “view to profit.” They found Shoup charged its tenant, Horizon, more than what it cost to operate and finance the property.

Among dissenters, Justice Sharon Kennedy said Shoup existed only to support the school, not to profit.

Ohio lawmakers changed state law in 2011 to explicitly allow exemptions for charter-school properties.

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