All Property Taxes
Real, Public Utility and Tangible Personal Property
Assessed Value and Taxes Levied for Taxes Payable in
Calendar Year 2009, by County
Table PD-30 shows total assessed value of, and taxes levied
on, real, public utility personal, and tangible personal
property for taxes payable in calendar year 2009. Taxes for
real and public utility personal property were levied in tax
year 2008, but payable in calendar year 2009. Special
assessments were also levied in tax year 2008 and payable in
calendar year 2009. In contrast, tangible personal
property taxes (excluding public utility personal property)
were levied and payable in the same year - in this case 2009.
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).
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.
The total value of real property was $241.1 billion compared
to $8.4 billion and $865.1 million for public utility
personal and tangible personal property, respectively.
Total statewide taxes levied on all three categories of
property were $14.5 billion on a total assessed value of
$250.4 billion. Total real property taxes were approximately
$13.8 billion, while public utility personal property and
tangible personal property taxes totaled $645.2 million and
$72.5 million, respectively. Special assessments totaled
Real property taxes shown in the table are after application
of “tax reduction factors” and are prior to subtracting the
10 percent property tax rollback for all real property, the
2.5 percent rollback for residential real property, and the
homestead exemption deduction.
Among all Ohio counties, Cuyahoga County had the highest
total property value at $31.1 billion, of which real property
accounted for $30.4 billion. It also had the highest amount
of total taxes charged at $2.3 billion, of which real
property accounted for $2.2 billion.
Vinton County had the lowest total property value at $170.6
million, of which real property accounted for $141.1 million
as well as lowest total taxes charged at $7.6 million, of
which real property accounted for $6.2 million.
Hamilton County led all Ohio counties in the amount of
special assessments levied, with $88.8 million. The lowest
total value of special assessments were levied by Vinton
County with $3,314.
Data for this table were taken from abstracts filed by
county auditors with the Ohio Department of Taxation.