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In determining per capita assessed valuation under division (A)(3) of this section, the assessed valuation of any tangible personal property, buildings, structures, improvements, and fixtures that are exempt from taxation under division (B) of section 5709.081 [5709.08.1] of the Revised Code shall be added to the assessed valuation of real ...
Their services are instead paid for by taxing other property owners in the city's jurisdiction such as homeowners and for-profit businesses. For many municipalities in the United States, property taxes are the primary source of revenue. The amount of forgone tax revenue as a result of these tax-exempt land parcels is significant.
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[12] [13] Summit County [12] and Cuyahoga County [14] have chosen an alternate form of government. The other counties have a government with a three-member board of county commissioners, [ 15 ] a sheriff, [ 16 ] coroner, [ 17 ] auditor, [ 18 ] treasurer, [ 19 ] clerk of the court of common pleas [ 20 ] prosecutor, [ 21 ] engineer, [ 22 ] and ...
Under this example, a homeowner with income of $50,000 whose property tax was $3,000 would get the full $1,500 credit and end up paying a net $1,500 in property tax.
The statutes of the State of Ohio have established 26 departments of government which are responsible to the Governor. These departments are led by the Director, or in some cases the Commissioner, who must inform and assist the governor in the operation of the state.
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