Tax Data Series

Tangible Personal Property Tax

Tangible Personal Property Tax Data
Taxes Levied by All Governmental Units and Value of Property, by City, Calendar Year 2003

Tangible personal property taxes levied within cities by all local governments in Ohio for calendar year 2003 totaled $1.1 billion on a total assessed value of $13.7 billion. Both of these figures are after deduction of the $10,000 exemption granted each taxpayer. However, local governments were reimbursed by the state for most of the revenue loss caused by the $10,000 exemption. (See Table PD-16 for information on the $10,000 exemption by county).

Tangible personal property taxes levied within cities are broken down as follows: school districts levied $796.9 million, county governments and special districts levied $207.9 million, townships levied $7.1 million and city governments themselves levied $83.4 million. All figures represent taxes levied for 2003 to be collected in the same year.

The names of municipalities are shown in alphabetical order with the corresponding primary county location. The figures in the first five columns represent the taxes levied by each of these type of governmental units on the property located within each city. For example, for the City of Akron, the figure in the county column ($4,740,722) represents the tangible personal property taxes levied on property within Akron's city limits by Summit County. The column for delinquent taxes includes not only delinquent taxes from the previous year (2002), 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.