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 which is 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
the assessment of real property according to its current
agricultural use value.
Table PD-32 shows the taxable value of real property both
before CAUV determination - when the property is valued
according to its highest and best use - as well as the
taxable value of real property 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. These figures are shown by county
for the tax year 1998.
In 1998, taxable value of real property before CAUV
determination ranged from a low of $6,662,950 in Vinton
County to a high of $257,811,560 in Mercer County. Taxable
real property value after CAUV determination ranged from
$1,187,120 in Cuyahoga County to $64,236,380 in Hancock
County. The number of CAUV parcels varied from 189 in
Cuyahoga County up to 9,397 in Wood County, while the number
of CAUV acres ranged from 3,003 in Cuyahoga County to a high
of 348,548 in Darke County. A total of 16.0 million acres
were assessed at their current agricultural use value of $2.1
billion as compared to the highest and best use value of $8.0
billion; a reduction in assessed value of $5.9 billion.
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.