Tangible Personal Property Tax
Taxes Levied by Type of Governmental Unit and Value of Property, by County, Calendar Year 2002
Tangible personal property taxes levied by all local governments in Ohio for calendar year 2002 totaled $1.8 billion on a total taxable value of $23.3 billion. Both of these figures are after deduction of the $10,000 exemption granted each taxpayer. The $10,000 exemption reduced the statewide taxable value by $1.2 billion and reduced statewide taxes levied by $95.6 million. However, local governments were reimbursed by the state for the $95.6 million loss.
Of total taxes levied, school districts levied $1,267.3 million, county governments and special districts levied $331.9 million, cities and villages levied $102.0 million, and townships levied $67.1 million. All figures represent taxes levied for 2002 to be collected in the same year. This differs from the real estate and public utility property taxes which are levied for a given year but collected the following year.
The figures in the county, township, school district, and city and village columns indicate the total amount of tangible personal property taxes levied by each of these types of governmental units on taxable property within each county. The column for delinquent taxes includes not only delinquent taxes from the previous year (2001), but also delinquent taxes remaining from all previous years.
The figures shown have been compiled from abstracts filed by each of the 88 county auditors with the Ohio Department of Taxation, Tax Equalization Division.