Local Tax Summary

Today, your competition comes from every corner of the world, and your business needs every advantage to survive and prosper. With that in mind, Ohio lawmakers dramatically revamped the state’s tax structure, creating the lowest rates in the Midwest and an extremely profit-friendly business climate for companies that locate here. Ohio provides the tools you need to win in a global economy.

Sales Tax:  1.5% 

Income Tax:  0%

Tax:  Real Estate

Rate:  $10.23

Assessment:  35%

Unit:  Per $1000

County Tax Web Site:  http://www.auglaizecountytreasurer.org/

Tax District:  Village of Minster 

City Sales Tax:  0% 

Municipal Income Tax:  1.5%

School Income Tax:  1.0%

City:  Village of Minster 

School:  0% 

County:  1.5%

Township:  1.0%

TOTAL RATE:  72.32

AGR/RES:  $45.514189

OTHER:  $65.156156

Employers of one or more workers may be required to make payments, called contributions on wages paid to employees. These payments support Ohio’s system of unemployment compensation benefits.

For 2017, 2018 and 2019 the ranges of Ohio unemployment tax rates (also known as contribution rates) are as follows:

If an employer's account is not eligible for an experience rate, the account will be assigned a standard new employer rate of 2.7% unless the employer is engaged in the construction industry, in which case the 2017 rate is 6.2%, the 2018 rate is 6.0% and the 2019 rate is 5.9%.

Source: http://jfs.ohio.gov/ouc/uctax/rates.stm 03/07/2019

The state insurance fund is a no-fault insurance program designed to protect the employee and employer when a work-related injury, an occupational disease, or death occurs. All employers must pay premiums unless granted the privilege of self-insurance for liabilities associated with work-related accidents. To qualify as a self-insuring employer, an employer must meet requirements established by law. More information on self-insurance may be obtained by contacting the Ohio Bureau of Workers’ Compensation (BWC) at (800) OHIOBWC (or (800) 644-6292), or visiting www.ohiobwc.com

Ohio BWC assigns your business manual classifications based on the types of work performed. BWC bases initial assignments of classifications on the information supplied on your application for coverage. Having the correct classification(s) is important because BWC bases your premiums on these classifications. Contact BWC immediately if you think they are inaccurate or if you have changed your operations.

BWC will base rate new employers’ accounts unless they purchase an existing business with existing claims experience. If certain criteria are met, BWC will transfer the previous employer’s loss experience to the new employer’s experience. With experience rating, BWC applies either a penalty or credit factor to an employer’s premium, based on the loss experience. Every July, BWC announces the annual base rate for each manual classification, which is effective until the following June.

Under certain circumstances, BWC will transfer an employer’s experience modification from previous operations in another state to its new Ohio workers’ compensation policy. However, BWC will only consider a request if the employer has not had prior operations or workers’ compensation coverage in Ohio. For more information on transferring out-of-state experience from a previous state to an Ohio policy, contact BWC’s actuarial department-rate adjustment unit by calling 1-800-OHIOBWC.

Source: https://www.bwc.ohio.gov/employer/programs/siinfo/

Manufacturing:  Nidec Minster

Manufacturing:  Danone (Dannon)

Manufacturing:  Precision Strip Inc.

Manufacturing:  Globus Printing & Packaging

Government:  Minster Local Schoolsailable »

Manufacturing:  Crown Equipment Corp.

Manufacturing:  Hitachi Metals / AAP

Manufacturing:  Honda Engine Plant

Healthcare:  Grand Lake Health System

Manufacturing:  Parker Hannifin

Manufacturing:  Setex, Inc.

Government:  St. Marys Board of Education

Government:  Wapakoneta Board of Education

2017 - Danone (The Dannon Company) invested approximately $25,000,000.00 in the construction of a 280,000 square foot refrigerated distribution center at their manufacturing complex in Minster. This multi-million dollar investment by Danone was aided by both local and state incentives. Since the distribution center has been in operation over 125 new jobs have been created in the Minster community as a result of Danone’s investment.

2018 - Nidec Minster Corporation announced an expansion of their current facility in Minster. Plans call for Nidec Minster to expand their remanufacturing division. Nidec Minster will construct a 20,750 square foot addition where Nidec Minster will make a $6,050,000.00 investment in building and office improvements. An additional $2,500,000.00 will be invested in machine tools for the expansion. A total of 25 new jobs with an estimated annual payroll of $1,200,000.00 will be created as a result of the expansion. This project was aided by training and workforce development grants from Jobs Ohio and local tax incentives from the Village of Minster.