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 which is 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
the assessment of 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 - as well as the
taxable value of real property 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. These figures are shown by county
for the tax year 1985.
In 1985, taxable value of real property before CAUV
determination ranged from a low of $71,330 in Meigs County to
a high of $238,071,190 in Darke County. Taxable real property
value after CAUV determination ranged from $39,640 in Meigs
County to $87,215,730 in Wood County. The number of CAUV
parcels varied from 4 in Meigs County up to 8,460 in Wood
County, while the number of CAUV acres ranged from 982 in
Meigs County to a high of 352,834 in Darke County. A total of
14.7 million acres were assessed at their current
agricultural use value of $2.5 billion as compared to the
highest and best use value of $7.1 billion; a reduction in
assessed value of $4.6 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.