Property Taxes Part IV

Property Taxes Part IV 

An owner of a $100,000 market/appraised value home any place Clinton County with a taxable/assessed value of $35,000* is taxed as follows:

*Ohio law limits taxable value to 35% of appraised value. Owners over the age of 65 receive a $25,000 reduction from appraised value.

For Wilmington owners:

Effective rates County

3 (.003) mills inside operating fund.

1.111 voted children services

1.274 mental Health (1997)

2.412 Mental Health ((2007)

.482 Health Department

1.447 Senior Citizens

Total effective 9.727 (.009727 x $35,000 = $340.45)

Effective rate city schools: School levies are at the state minimum level and cannot be reduced further.

4.2 (.0042) mills inside operating fund.

18.34 Voted

22.541 School Total

Great Oaks vocational

2.221 voted

City of Wilmington

2.6 inside general fund and safety pensions

2.509 Fire & EMS

1.17587 Police

1.25 Parks

7.534525 City total

Miscellaneous

.891 Recovery Services

.9845 Library

1.8754 Miscellaneous total

43.892925 (.043892925) Wilmington owner total x $35,000 = $1536.25 gross annual tax.

Ohio law stipulates a 12.5% roll back* for all owner occupied residences.

This reduces the tax due on the sample $100,000 Wilmington home to $1,344 per year plus street lighting assessment of around $30 per year.

*The State compensates the local tax revenue recipients for the roll back amount.

Space precludes giving examples of the 30 some county tax districts.

But here is a sampling of rates. Lynchburg 56.273946; New Vienna 49.015355; Midland 52;589477 Port William 47.173229; Blanchester 51.068904; Sabina 44.218293 and Clarksville 44.150180.

To obtain detailed information, including aerial photographs, on any Clinton County property go to: http://clintonoh.ddti.net/ and enter name or address in upper right block.

Note:.Wilmington Schools has a 1% income tax that taxes all income of district residents except Social Security and Military retired pay. Wilmington City has a 1% earnings tax that excludes pensions and other investment income.

If anyone has questions, corrections or comments concerng this or any other post please contact paulhunter45177@gmail.com