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Скачать или смотреть Cuyahoga County fiscal officer explains how property taxes are calculated

  • WKYC Channel 3
  • 2024-07-23
  • 763
Cuyahoga County fiscal officer explains how property taxes are calculated
3news-at-6 ][ moneyclevelandlocalnews
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Описание к видео Cuyahoga County fiscal officer explains how property taxes are calculated

As Northeast Ohio property owners continue to process new appraisals and their newly adjusted property taxes, Cuyahoga County's fiscal officer is explaining how those taxes are calculated.

According to Fiscal Officer Michael Chambers, Cuyahoga County is made up of 59 municipalities and 82 taxing districts. Each district has a different tax rate approved by voters, so if you're living in an area that has voted to pass levies to allocate more taxes toward schools or other entities, you're likely paying higher property taxes.

"Really, everyone should be involved in every vote they do," Chambers explained. "If they’re not happy, you know, these are voted taxes. They need to take ownership of that."

Chambers says he understands these property taxes can be painful for some, but the county is mandated by state law to reappraise properties every six years. Until the state law is changed, the county is limited in what it can do.

According to the county, about 60% of property tax revenue goes toward schools while the rest goes to municipalities, the Metroparks, and libraries. The money does not go into road improvements like addressing potholes or cleaning streets.

Annabelle Childers reports.

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