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Montgomery County Details Property Value And Revenue Losses From May Storms

2019 Memorial Day Storm Path
Montgomery County Auditor's Office
The Memorial Day tornados' path spanned Montgomery County.

New numbers Monday from the Montgomery County Auditor’s office detail the financial devastation from the tornadoes that ripped through the Miami Valley last Memorial Day.

Montgomery County has seen lost property values of more than $46 million.

Following the May tornadoes, affected homes and businesses were eligible to have their property values lowered through a longstanding auditor’s office program.

But Montgomery County Auditor Karl Keith told reporters nearly a dozen communities county-wide are facing major storm-related revenue losses.

“This is spread across 11 different communities that were impacted there, four townships, seven cities,” Keith says. “And then, of course, there are corresponding school districts that are involved in this, too, and that equates to about a $1.7 million loss of property tax revenue.”

Keith says the lost revenue means county governments and school districts will have less money to operate with in the coming year.

Revenue losses for all Montgomery County school districts total nearly a million dollars.

Trotwood Madison City School District and Dayton Public Schools alone stand to lose more than half a million dollars.

Funds for the county’s Human Services Levy, Five Rivers MetroParks, the Dayton Metro Library and other groups will likely also be affected, according to the auditor.

Credit Montgomery County Auditor's Office
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Montgomery County Auditor's Office

Jerry began volunteering at WYSO in 1991 and hosting Sunday night's Alpha Rhythms in 1992. He joined the YSO staff in 2007 as Morning Edition Host, then All Things Considered. He's hosted Sunday morning's WYSO Weekend since 2008 and produced several radio dramas and specials . In 2009 Jerry received the Best Feature award from Public Radio News Directors Inc., and was named the 2023 winner of the Ohio Associated Press Media Editors Best Anchor/News Host award. His current, heart-felt projects include the occasional series Bulletin Board Diaries, which focuses on local, old-school advertisers and small business owners. He has also returned as the co-host Alpha Rhythms.