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The treasurer of the U.S. state of Ohio is responsible for collecting and safeguarding taxes and fees, as well as managing state investments. [2] The Treasury was located in the Ohio Statehouse from 1861 to 1974, when it was moved to the Rhodes State Office Tower. The original office in the statehouse, which has been restored to its 19th ...
For the first time since 2007, Ohio is increasing the amount of home value homeowners can exempt from their property taxes. Ohio expands its property tax exemptions, here's what you need to know ...
The Ohio Department of Taxation is the administrative department of the Ohio state government [1] responsible for collection and administration of most state taxes, several local taxes and the oversight of real property taxation.
Values are determined by local officials, and may be disputed by property owners. For the taxing authority, one advantage of the property tax over the sales tax or income tax is that the revenue always equals the tax levy, unlike the other types of taxes. The property tax typically produces the required revenue for municipalities' tax levies.
Rep. Beth Lear, R-Galena, and Rep. Scott Wiggam, R-Wooster sponsored a constitutional amendment to limit property tax increases to 4% annually.
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.
A primer to Ohio's property taxes. For premium support please call: 800-290-4726 more ways to reach us
The Ohio state auditor (formally known as the auditor of state) is responsible for auditing all the public offices of the state of Ohio. The auditor is elected to a four-year term. The current auditor is Keith Faber .
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