Valuation of Exempt Real Property by Class and
County, Calendar Year 2009
While about $281.9 billion of assessed real property value
was taxable in Ohio during tax year 2009, approximately $43.8
billion was exempt from taxation due to provisions of the
Ohio Constitution and the Revised Code. Table PE-2 shows the
value of the exempted assessed real property by property
class and by county.
The exempted property is broken into property classes based
on reasons for exemption, ownership of the property, or
purposes for which the property is used. Real property owned
by federal, state, or local governments is exempt from real
property taxation and is shown in the table under the
categories, “United States of America,” “State of Ohio,”
“County,” “Townships,” “Municipalities,” and “Boards of
Education”. Other real property owned by governments and used
for recreational rather than governmental purposes is found
in the category of “Conservancy Districts and Park
Districts”. Privately-owned educational facilities are
exempted and their exempted values are found in the category
of “Schools, Colleges, and Academies”. Real property owned by
institutions with tax exempt status are found in the
categories of “Charitable Institutions” and “Churches”.
Property used as cemeteries and fixtures used in cemeteries
are in the category of “Cemeteries and Monuments”. Municipal,
township, and county governments can grant exemptions as
incentives for economic development and urban renewal; these
forms of exempt real property fall under the heading of “Tax
Property exempted due to tax abatements was the largest class
of exempt real property in calendar year 2009 with a value of
approximately $9.4 billion; while "Boards of Education"
property was the second largest class at $6.9 billion.