Tax Data Series

Real Estate and Public Utility Tangible Property Taxes

Real Estate and Public Utility Tangible Property Taxes
Gross Taxes Levied, Taxes Charged, and Value of Property by Class of Property and City, Calendar Year 1994 (1995 Collections)

Taxes charged (after reduction factors) on all real estate and on public utility tangible property within cities by all local governments in Ohio for calendar year 1994 (1995 collection) were $4,142.7 million on a total assessed value of $74,168.4 million. The gross amount of real estate and public utility tangible personal property taxes levied (before reduction factors) reported on abstracts filed by the county auditors was $5,858.5 million.

In calendar year 1994, the City of Columbus in Franklin County had the largest total in dollars of taxable value, gross taxes levied and taxes charged on all real and public utility property at $7,928.5 million, $595.4 million and $443.2 million, respectively. Greenfield in Highland County had the smallest total in dollars of gross taxes levied and taxes charged at $1.2 million and $1.0 million, respectively while Toronto in Jefferson County had the smallest total in taxable value at $23.8 million.

Lebanon in Warren County had the largest percentage increase in total taxable value, gross taxes levied and taxes charged from calendar year 1993 to 1994 at 29.8 percent, 43.1 percent and 38.9 percent, respectively. These increases were due to the reappraisal of the county as well as tax rate increases. Lima in Allen County had the largest percentage decrease in total value at -2.1 percent; Salem in Columbiana County had the largest percentage decrease in gross taxes levied at - 2.8 percent; and Lancaster in Fairfield County had the largest percentage decrease in total taxes charged at -2.1 percent.

Percentage reductions required by Section 319.301 of the Ohio Revised Code were applied to the gross taxes levied to get the net figure for taxes charged. Separate percentage reductions were 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 taxes. As shown on the attached table, these percentage reductions do not apply to public utility tangible personal property taxes.

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 fully reimbursed to local governments from the State General Revenue Fund and are not technically reductions in "taxes charged."

The figures were taken from abstracts filed by the county auditors with the Ohio Department of Taxation.