
Calendar of Events
November 16, 2011
Kent Regional Business Alliance (KRBA)
John Margida will be speaking on "Tax Issues for Small Businesses"
Small Business Workshop
8:45 - 10:45 AM
The Tannery
138 E. Main Street,
Suite 203
Kent, OH 44240
  
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Are your property taxes too high?
You may be paying hundreds of dollars too much. Appeal the valuation and save.
The following step by step list briefly details the process and whom to contact in order to discuss the appraised value of your home or business property. Understand that a reduction in valuation, hence taxable amount, is not automatic. Also, be aware if you contact the County for information, the person who takes your phone call is an employee of the County and does NOT have decision-making authority. They will help you gather correct information and answer your questions, but an appeal will have to go before the County Board of Revision (BOR). The BOR is mandated by the State of Ohio to impartially decide fair valuations, which may mean a decrease, an increase or no change.
- 1. Determine the current appraised value. This is shown on your real estate tax bill. The amount you owe is a result of the tax rate for your community, but the bottom line is that it is based on the value of your property.
- 2. Is the appraised value too high? If you believe it is, you will need evidence to support your opinion: comparable sales in your neighborhood for similar properties, inaccuracies in the County's or Auditor's description of your property, etc.
- 3. Suggest a realistic appropriate value. Your local school board relies upon your tax dollars and opposes unwarranted reductions. Spend the time to understand the taxable value of your property and you will know when your rate is fair.
- 4. There is a filing period, the opening of which may vary by County. All Counties close by March 31st, some may close as early as January 1st. There are no exceptions made for appeals filed after the deadline. Check the website listed below for your County and note the dates specified. Contact your County directly with any questions.
Cuyahoga County Board of Revisions
Medina County Auditor
Portage County Auditor
Stark County Board of Revision
Summit County Auditor
Commercial property owners take note: appeals must be filed by an attorney, per state law. Property held privately does not have this requirement.
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