Tax Data Series

REAL ESTATE TAXES:
Number of CAUV Parcels and Acres, Taxable Value of Real Property before CAUV, and Taxable Current Agricultural Use Value (CAUV) of Real Property, by County and School District, Calendar Year 2017

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 qualifying agricultural 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 taxable property values – defined as 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 and school district for calendar year 2017.

In 2017, a total of 16 million acres were assessed at their current agricultural use value of $10 billion as compared to the highest and best use value of $24.6 billion, a reduction in assessed value of $14.6 billion.

The number of CAUV parcels varied from 189 in Cuyahoga County to 9,609 in Wood County, while the number of CAUV acres ranged from 2,231 in Cuyahoga County to 343,886 in Darke County. Taxable real property value, after CAUV determination, ranged from $2.4 million in Cuyahoga County to approximately $309.1 million in Wood County. And, taxable value of real property, before CAUV determination, ranged from a low of $12.4 million in Cuyahoga County to a high of $823.9 million in Mercer County.

The number of CAUV parcels varied from 0 in 44 school districts to 4,830 in Ohio Valley LSD (Adams County), while the number of CAUV acres ranged from 0 in 45 school districts to 237,338 in Miami Trace LSD (Fayette County). Taxable real property value, after CAUV determination, ranged from $1,420 in Painesville CSD (Lake County) to approximately $235.8 million in Miami Trace LSD (Fayette County). And, taxable value of real property, before CAUV determination, ranged from a low of $15,220 in Finneytown LSD (Hamilton County) to a high of $364.3 million in Madison Plains LSD (Madison County).