2008 Tangible Personal Property Tax Replacement Fund
Distributions
The attached spreadsheet displays the amounts reimbursed in
2008 for the elimination of the tangible personal property
tax as given in HB 66 (FY 2006/FY 2007 Biennial Operating
Budget; 126th General Assembly). The spreadsheet contains 89
separate worksheets. Each worksheet contains the
reimbursements for all local government taxing districts and
levies within a given county. The last worksheet contains
county-wide totals.
The worksheets will display the amounts that are sent by the
Department of Taxation to the county auditors for
distribution to the local governmental entities within their
respective counties. The amounts displayed are for the May,
August, and October 2008 distributions. These are given for
each district and for each levy within that district. The
distribution total for 2008 as well as each month’s
distribution are displayed. The distributions are for 1/7 of
the 2008 total for May 2008 and 3/7 of the 2008 total in both
August and October. Please note, that due to rounding
adjustments, October’s distribution may be slightly higher
than August’s.
The amounts given are for the Local Government Property Tax
Replacement Fund distributions (Fund 7081) and do not
represent reimbursements to school districts. Fund 7081 is
administered by the Ohio Department of Taxation and monies
are sent by Taxation to the respective county auditors for
the crediting of county, municipal, township, and special
district levies only. The Ohio Department of Education
administers the School District Property Tax Replacement Fund
(Fund 7047).