Tax Data Series

REAL ESTATE AND PUBLIC UTILITY TANGIBLE PERSONAL PROPERTY TAXES:  Gross Taxes Levied, Taxes Charged, and Taxable Value of Property, by Class of Property and County, Tax Year 2016 (Calendar Year 2017 Collection)

Taxes charged on all real estate and public utility tangible property by all local governments in Ohio for tax year 2016 (calendar year 2017 collection) were $17.4 billion on a total assessed value of almost $254.0 billion, as reported on abstracts filed by the county auditors. This compares to $23.6 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; Class I real property is the combined value of residential and agricultural property while Class II real property is 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 non-business credit (formerly the 10 percent rollback for all real property not intended primarily for use in a business activity), owner-occupancy credit (formerly the 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).

For tax year 2016, Cuyahoga County maintained the highest total taxable values and taxes, both levied and charged.  Vinton County had the lowest total taxable values and taxes levied while Morgan County had the lowest taxes charged.

With respect to changes in value, Franklin County had the largest dollar increase from tax year 2015 to 2016 at $425.4 million (1.6 percent); the majority of this increase was concentrated within the Class II real property classification. Adams County experienced the largest dollar decrease in total value, a loss of -$36.0 million (-5.4 percent); the majority of this change in value was in public utility tangible personal property, with a reduction of $43.1 million.

In terms of changes in taxes, Franklin County had the largest dollar increase in total taxes levied from tax year 2015 to 2016, at $118.6 million (3.9 percent) and the largest dollar increase in total taxes charged at $109.5 million (5.0 percent).  Coshocton County had the largest dollar decrease in total taxes levied from tax year 2015 to 2016, at -$1.5 million (-3.0 percent) and the largest dollar decrease in total taxes charged, at -$1.4 million (-3.7 percent).

Taxable values were taken from abstracts filed by the county auditors with the Ohio Department of Taxation. Gross taxes levied and net taxes charged were calculated using abstracts filed by the county auditors and composite reports created by the Ohio Department of Taxation.