Report of the Committee to Study State and Local Taxes - Ohio ...
Report of the Committee to Study State and Local Taxes - Ohio ...
Report of the Committee to Study State and Local Taxes - Ohio ...
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County<br />
18%<br />
Overview: Property <strong>Taxes</strong> by<br />
Subdivision<br />
Special District<br />
3%<br />
Township<br />
7%<br />
Municipal<br />
5%<br />
Source: Property tax abstracts prepared by county audi<strong>to</strong>rs <strong>and</strong> submitted <strong>to</strong> <strong>the</strong> <strong>Ohio</strong><br />
Department <strong>of</strong> Taxation<br />
28<br />
School<br />
67%<br />
School $7,579.7 m<br />
County 2,085.0 m<br />
Township 836.6 m<br />
Municipal 610.7 m<br />
Special Districts 299.3 m<br />
Total $11,411.3 m<br />
Real Property Tax<br />
Tax Year 2000 <strong>Taxes</strong> Net <strong>of</strong> Rollbacks--$7,640 million<br />
• Tax Base: 35% <strong>of</strong> <strong>the</strong> market value <strong>of</strong> l<strong>and</strong><br />
<strong>and</strong> buildings<br />
• Tax Rate: Varies by locality; average<br />
effective TY 2000 rate was 45.5 mills<br />
• Who Pays: Owners <strong>of</strong> real property in <strong>the</strong> state<br />
• How Collected: Through semi-annual<br />
payments <strong>to</strong> county treasurer<br />
• Who Administers: County audi<strong>to</strong>rs with<br />
oversight from ODT