Real, Public Utility Property Tax
Real Estate and Public Utility Property Taxes:
Gross Taxes Levied, Taxes Charged, and Value of Property by
Class of Property and County, Calendar Year 2003 (2004
Collections)
Taxes charged on all real estate and on public utility
tangible property by all local governments in Ohio for
calendar year 2003 (2004 collection) were $11.2 billion on a
total assessed value of $206.6 billion, as reported on
abstracts filed by the county auditors. This compares to
$17.0 billion in gross taxes levied (i.e., before tax
reduction factors) on the same property.
Percentage tax reductions required by Section 319.301 of the
Ohio Revised Code were applied to the gross amount of taxes
levied to obtain the net amount of taxes charged.
Separate percentage reductions are applied to two classes of
real property: the combined value of residential and
agricultural property and the combined value of commercial,
industrial, mineral, and public utility property. The tax
reduction factors are calculated to eliminate the effect of
increases in the valuation of existing real property in a
taxing unit (school district, county, municipality, etc.) on
voted levies. These tax reductions do not apply to public
utility tangible personal property taxes.
Real property taxes charged (not real property gross taxes
levied) represent tax revenues to be received by local
governments. The “taxes charged” figure is prior to any
reduction of real estate taxes resulting from the 10 percent
rollback for all real property, 2.5 percent rollback for
residential real property, or homestead exemption. These
reductions are reimbursed to local governments from the State
General Revenue Fund (net of fees deducted to pay for the
state's administration of local property taxes).
Cuyahoga County maintains the highest total values and taxes
(levied and charged) in all categories. Excluding public
utility values and taxes, Vinton County had the lowest total
values and taxes (levied and charged); Wyandot County had the
lowest public utility values and taxes.
With respect to changes in value, Cuyahoga County had the
largest dollar increase in total value from tax year 2002 to
2003 at $2.1 billion (8.1 percent) while Adams County had the
largest dollar decrease in total value at -$9.4 million (-2.1
percent).
In terms of changes in taxes, Cuyahoga County had the largest
dollar increase in total taxes levied from tax year 2002 to
2003, at $308.8 million (11.6 percent), and the largest
dollar increase in total taxes charged, at $ 147.1 million
(8.4 percent). Adams County had the largest dollar decrease
in total taxes levied from tax year 2002 to 2003, at
-$332,869 (-1.6 percent), while Fayette County had the
largest dollar decrease in total taxes charged, at -$401,482
(-2.0 percent).
The figures were taken from abstracts filed by the county
auditors with the Ohio Department of Taxation.