Tax Data Series

Tangible Personal Property Tax

Tangible Personal Property Tax Data
Taxes Levied by Type of Governmental Unit and Value of Property, by County, Calendar Year 1986

Tangible personal property taxes levied by all local governments in Ohio for calendar year 1986 totaled $936.2 million on a total taxable value of $16.8 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 $934.9 million and reduced statewide taxes levied by $56.0 million. However, local governments were reimbursed by the state for the $56.0 million loss.

All figures represent taxes levied for 1986 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.

Table PD15 in previous years included data on the breakdown of the taxes levied by type of government unit and also included data on the amount of delinquent taxes. These data will not be available for 1986 and, therefore, are not included in this table.

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.