Tax Data Series

Real and Public Utility Property Taxes

REAL ESTATE and PUBLIC UTILITY PERSONAL PROPERTY TAXES:
Assessed Value and Taxes Levied for Taxes Payable in Calendar year 2012, by County

Table PD-30 shows total assessed value of, and taxes levied on, real, and public utility personal property for taxes payable in calendar year 2012. Taxes for real and public utility personal property were levied in tax year 2011, but payable in calendar year 2012. Special assessments were also levied in tax year 2011 and payable in calendar year 2012.  

The total value of real property was almost $231.3 billion compared to $10.2 billion for public utility personal property. Total statewide taxes levied were $15.4 billion on a total assessed value of almost $241.5 billion. Total real property taxes were approximately $14.6 billion, while public utility personal property totaled $784.5 million. Special assessments totaled approximately $651.0 million.

Real property taxes shown in the table are after application of “tax reduction factors” and are prior to subtracting the 10 percent property tax rollback for all real property not intended primarily for use in a business activity, the 2.5 percent rollback for residential real property, and the homestead exemption deduction.

Among all Ohio counties, Cuyahoga County had the highest total property value at $29.8 billion, of which real property accounted for $29.1 billion. It also had the highest amount of total taxes charged at $2.4 billion, of which real property accounted for $2.3 billion.

Vinton County had the lowest total property value at $187.9 million, of which real property accounted for $154.9 million as well as lowest total taxes charged at $8.2 million, of which real property accounted for $6.7 million.

Franklin County led all Ohio counties in the amount of special assessments levied, with $124.9 million. The lowest value of special assessments levied were by Jackson County with $3,623.

Data for this table were taken from abstracts filed by county auditors with the Ohio Department of Taxation.