Ohio Supreme Court Upholds Property Tax Exemption For Episcopal School Property

In Episcopal School of Cincinnati v. Levin, (Ohio Sup. Ct., March 12, 2008), the Ohio Supreme Court held that the Episcopal Diocese of Southern Ohio was entitled to a property tax exemption for the year 2001 for property it acquired to use for a church-affiliated inner-city school so long as on Jan. 1 of that year it intended to use the property for tax exempt purposes. The exemption for the year was not lost even though later in the year before the application for exemption was filed it appeared that the Diocese would likely not be able to complete the financial arrangements to develop the school. The property was sold off to a for-profit entity late in 2002. Justice Lanzinger dissented. A Supreme Court press release summarizes the decision.