Real Estate Taxes: Current Agricultural Use Value
Taxable Current Agricultural Use Value of Real Property,
Taxable Value of Real Property before CAUV, and Number of
CAUV Acres and Parcels, by County, Calendar Year
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 property values 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 for tax year 2005.
In 2005, a total of 16.0 million acres were assessed at their
current agricultural use value of $1.8 billion as compared to
the highest and best use value of $12.9 billion, a reduction
in assessed value of $11.0 billion.
Taxable value of real property before CAUV determination
ranged from a low of $10.8 million in Vinton County to a high
of $407.5 million in Licking County. Taxable real property
value after CAUV determination ranged from $1.5 million in
Cuyahoga County to $48.2 million in Wood County. The number
of CAUV parcels varied from 185 in Cuyahoga County to 9,477
in Wood County, while the number of CAUV acres ranged from
2,376 in Cuyahoga County to 347,134 in Darke County.
The sources of these data are records of the Ohio Department
of Taxation derived from current agricultural use value
abstracts filed with the state by county auditors.