Reply on inside millage tax increases

We did hear from the Lake County Auditor, Mr. Ed Zupancic, in reply to our question on the increases in property taxes due to the current reappraisals.  Looks like we will have to wait until later in the year when all changes have been considered.  We will keep you posted.

Mr. Massie,

Thank you for the email and the question to our office.  We appreciate the opportunity to provide the information you seek.  The sexennial reappraisal value increases or decreases will indeed effect the change in collection for inside millage for all taxing districts; however, it is not the only determining factor.  Any changes to values due to informal hearings, online submissions, Board of Revisions, demolitions and/or new construction changes will also play a part in the change in the amount charged for inside millage.

The true change in value will not be known until later this year when the abstract is approved by the State of Ohio Department of Taxation and all of the offsetting items listed above, not just the sexennial reappraisal will have played a part in the change in property taxes generated through the inside millage.

Thank you,

Edward H. Zupancic
Lake County Auditor

 



Categories: Lake County, Real Estate Taxes

Tags:

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: