Tax Data Series

Tangible Personal Property Tax

Tangible Personal Property Tax Data:  Taxes Levied by Type of Governmental Unit and Value of Property, by County, Calendar Year 2009

The tangible personal property tax was phased out between 2006 and 2009 as part of the tax changes contained in Amended Substitute House Bill 66, the two-year state budget bill for Fiscal Years 2006-2007.  The phase-out was accomplished by lowering the assessment percentage for all tangible personal property, including inventories.  For more details on the phase-out see http://tax.ohio.gov/divisions/personal_property/PPT_law_changes_070303.stm

Beginning in tax year 2009, all tangible personal property of general (non-public utility) taxpayers became exempt from taxation, with the exception of telephone companies (whose property will become exempt starting in tax year 2011).  Taxes levied on tangible personal property of telephone companies by all local governments in Ohio for calendar year 2009 totaled $55.1 million on a total taxable value of $632.0 million (after deduction of the $10,000 exemption granted each taxpayer).

The first $10,000 of otherwise taxable value for each company (RC 5709.01) is exempted.  The $10,000 exemption reduced the statewide taxable value by $230,340 and reduced statewide taxes levied by $11,900.  

Of the $55.1 million in total taxes levied, school districts levied $39.1 million, county  governments and special districts levied approximately $10.4 million, cities and villages levied $3.0 million, and townships levied $2.6 million. All figures represent taxes levied for 2009 to be collected in the same year. (This differs from the real estate and public utility property taxes which are levied for a given year but collected the following year.)

The figures in the county, township, school district, and city and village columns indicate the total amount of tangible personal property taxes levied by each of these types of governmental units on taxable property within each county. The column for delinquent taxes includes not only delinquent taxes from the previous year (2008), but also delinquent taxes remaining from all earlier years (2007 and earlier).

The figures shown have been compiled from abstracts filed by each of the 88 county auditors with the Ohio Department of Taxation, Tax Equalization Division.