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Tax Increase Explanation

Property taxes are calculated using the following factors:

  1. Property values
  2. Community tax rates
  3. HB 920 / Rollbacks / Credits

Property Values
Your property was revalued by the County during the 2016 triennial property value update. Based on recent economic conditions, most properties in Cuyahoga County experienced a reduction in property value. Please be aware that a decrease in property value does not result in a comparable decrease in property taxes due to the HB 920 tax reduction factor (see below).

Community Tax Rates
Tax rates change when the voters within a community approve new levies. Levies that passed during 2016 which appear on your current tax bill are:

Your property was revalued by the County during the 2016 triennial property value update. Based on recent economic conditions, most properties in Cuyahoga County experienced a reduction in property value. Please be aware that a decrease in property value does not result in a comparable decrease in property taxes due to the HB 920 tax reduction factor (see below). Tax rates change when the voters within a community approve new levies. Levies that passed during 2016 which appear on your current tax bill are:

Tax Unit  Cost for $100,000 home   Tax Unit  Cost for $100,000 home 

Broadview Hts.

$49.70

 

Maple Hts.

$45.50

Seven Hills City

$116.90

 

South Euclid City

$87.50

Bay Village Schools

$206.50

 

Berea Schools

$147.00

Cleveland Hts. Schools

$192.50


Euclid Schools

$276.50

Fairview Park Schools

$127.75

 

Mayfield Schools

$241.50

Olmstead Falls Schools

$112.00  

Westlake Schools

$73.50

Polaris Career Center 

$24.15 

 

 

 



HB 920, Rollbacks and Credits

The HB 920 reduction factor, mandated by Ohio law, is designed to keep tax revenues stable when property values increase or decrease. The factor that prevented your taxes from dramatically increasing when property values were on the rise will now keep your taxes from significantly decreasing despite declining property values. This reduction factor will keep the revenue to our schools, cities, libraries, etc. at nearly the same level as originally approved by the voters. A portion of your tax rate is not affected by the tax reduction factor and will result in a slight decrease in your tax bill.

As part of the state budget, passed in 2013 the ten and two and one-half percent rollbacks will no longer apply to new levies that are enacted after the August 2013 election.  These non-qualifying levies include additional levies, the increase portion of renewal with increase levies, and the full effective millage of replacement levies.  Levies that will continue to qualify for application of the rollbacks are levies approved at or before the August 2013 election, inside and charter millage as they appear on the 2015 tax list, renewals of the qualified levies, and the substitute of qualified school district emergency levies under Revised Code section 5705.199.

The rollbacks are now referred to as the Non Business Credit and Owner Occupancy Credit.

Homestead Exemption:

Property owners residing in their home who are aged 65 or older and/or permanently disabled may be eligible for the Homestead Exemption.  This exemption reduces your taxable property value. 

Call 216-443-7050 to request an application or visit the Cuyahoga County Fiscal Officer’s website  for more information.