Reporter at News 5 Cleveland
CLEVELAND — Pete Rivera has owned his home in Tremont for decades. From his porch, he’s watched property values climb as new houses and apartments rise on nearby streets.
But property-tax bills will increase much less dramatically. Ohio uses a complicated formula to calculate taxes, which flow to schools and, in smaller amounts, local governments, libraries and other public entities. Across the county, values increased the most in East Cleveland, an impoverished suburb that still hasn’t recovered from the Great Recession and 2008 housing bust. The county says the average home value there rose by 67 percent – from $31,200 to $52,300.
“If you don’t agree with that value or you can’t sell your home for that value, I would like to know why,” he said. “If you can sell it for more than that, good. You don’t have to tell me. But the bottom line is I want to be fair to you, the taxpayer.” For example, a Cleveland homeowner whose property value jumps from $68,100 to $101,000 could see a tax hike of about $300, according to the calculator. But that does not reflect a proposed 8.6-mill operating levy for the Cleveland Metropolitan School District.
Chambers and Brad Cromes, the Cuyahoga County treasurer, said they’re working on a tax relief proposal for elderly homeowners.
Cuyahoga County Home Values Cuyahoga County Property Taxes Cuyahoga County Property Values Cuyahoga County Reappraisal Tremont Tremont Home Prices Sexennial Reappraisal
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cuyahoga County Council asks to end agreement to hold City of Cleveland inmates in county jailDigital content producer at News 5
Read more »
Cuyahoga County using new office to support growth of small businessesReporter at News 5 Cleveland
Read more »
Ohio awards millions in energy-efficiency grants, including one to a Cuyahoga County projectEach of the projects will use the funds to make buildings more energy efficient.
Read more »
Cuyahoga County launches summer programs for kidsSchool is out, and Cuyahoga County has rolled out their plans to keep kids busy and safe this summer
Read more »
$477M from Cuyahoga County sits in Ohio’s unclaimed funds: Are you owed money?About $477 million in unclaimed funds is owed to residents and businesses in Cuyahoga County, the most of any county in Ohio, according to the state's Department of Commerce.
Read more »
Orange council passes resolution urging Cuyahoga County Council not to pass ‘antisemitic’ measureOrange Village Council has passed a resolution urging the Cuyahoga County Council not to pass a resolution urging the county executive and county treasurer to “divest” from Israel.
Read more »