Real Estate Taxes: Current Agricultural Use Value
Taxable Current Agricultural Use Value of Real Property,
Taxable Value of Real Property before CAUV, and Number of
CAUV Acres and Parcels, by County, Calendar Year
Under Chapter 5713 of the Ohio Revised Code, county auditors
are required, upon application by landowners, to assess
qualified agricultural property according to its current
agricultural use value (CAUV). Only land used exclusively for
agricultural purposes may be assessed in this manner. The Tax
Commissioner is responsible for developing the specific rules
and standards used by county auditors in assessing real
property according to its current agricultural use value.
Table PD-32 shows the taxable value of real property both
before CAUV determination - when the property is valued
according to its highest and best use - and after CAUV
determination. (Both of these measurements reflect property
values after the imposition of the 35 percent assessment
ratio.) Also, shown are the number of acres and parcels of
property to which CAUV determination was applied by county
for tax year 2000.
In 2000, taxable value of real property before CAUV
determination ranged from a low of $8.6 million in Vinton
County to a high of $294.8 million in Darke County. Taxable
real property value after CAUV determination ranged from $1.5
million in Cuyahoga County to $77.9 million in Darke County.
The number of CAUV parcels varied from 198 in Cuyahoga County
to 9,463 in Wood County, while the number of CAUV acres
ranged from 2,818 in Cuyahoga County to 348,374 in Darke
County. A total of 16.0 million acres were assessed at their
current agricultural use value of $2.6 billion as compared to
the highest and best use value of $9.7 billion; a reduction
in assessed value of $7.1 billion.
The sources of these data are records of the Ohio Department
of Taxation derived from current agricultural use value
abstracts filed with the state by county auditors.