Tax Data Series

Tangible Personal Property Tax

Tangible Personal Property Tax Data
Taxes Levied by All Governmental Units and Value of Property, by City, Calendar Year 1996

Tangible personal property taxes levied within cities by all local governments in Ohio for calendar year 1996 were $961.6 million on a total assessed value of $12.9 billion. Both of these figures are after deduction of the $10,000 exemption granted each taxpayer. However, local governments were reimbursed by the state for the revenue loss caused by the $10,000 exemption.

Tangible personal property taxes levied within cities are broken down as follows: school districts levied $687.9 million, counties levied $187.1 million, townships levied $5.0 million and, city governments themselves levied $81.6 million. These figures represent taxes levied for 1996 to be collected in the same year.

The names of municipalities are shown in alphabetical order with their corresponding county location. The figures in the first five columns represent the taxes levied by each type of governmental unit on the property located within each city. For example, for the city of Akron, the figure in the county column ($5,234,576) represents the tangible personal property taxes levied on property within Akron's city limits by Summit County. The figures in the column for delinquent taxes represent total delinquent taxes as accumulated over all previous years.

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