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Franklin County Area Tax Bureau  Form

Franklin County Area Tax Bureau Form

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[Music] how will the 2023 reappraisal of my property affect my property taxes let's break it down your property taxes are equal to the taxable value of your home multiplied by your effective tax rate your effective tax rate is designated by your taxing district or where you live Ohio law states that the taxable value of your property is 35 percent of the appraised value of your home set by the County Auditor that means if your home is valued at a hundred and fifty thousand dollars by the county auditor your taxable value would be fifty two thousand five hundred dollars but it is important to remember that most taxes are based on voter approval they are established at The Ballot Box through your taxing district and your effective tax rate is unique to your taxing district what you and your neighbors have approved when voting on levies or bonds makes up a lot of your property taxes okay so I hear that my property value is going up in 2023 are my taxes while the property reapprais

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