County News
Auditor - Homestead Exemption and Property Tax Rollback
- Details
- Published: Sunday, 18 August 2013 22:23
Real Estate Property Tax Rollback and Homestead Exemptions are forms of property tax relief.
The 10% rollback applies to non-business property, defined by state law to include all uses of property except farming; leasing property for farming; occupying or holding property improved with single-family, two-family, or three-family dwellings; or holding vacant land that the county auditor determines will be used for farming or to develop single-family, two-family, or three-family dwellings.
The County Auditor's office also administers the 2 1/2% Property Tax Reduction Law for residential and agricultural parcels on which there is a home site occupied by the owner.
In addition, the Homestead Exemption is open to any Ohio homeowner who currently lives in their home including manufactured homes, and that home is their primary residence, who:
- Is at least 65 years old or will reach age 65 during the current tax year; or
- Is certified totally and permanently disabled as of Jan. 1 of the current tax year, regardless of age; or
- Is the surviving spouse of a qualified homeowner, and who was at least 59 years old on the date of their spouse's death. Manufactured homes are also included in this Homestead Program.
Eligible homeowners are able to shield $25,000 worth of the market value of their home from local property taxes. Applications are available at the County Auditor's Office.