Sixteen of Ohio’s 88 counties—including Franklin, Cuyahoga and Hamilton, which are its three largest—will delay their property tax reappraisals by one year.
Franklin and Hamilton County will wait to revalue properties until 2030, while Cuyahoga County will wait until 2031, according to an Ohio Department of Taxation schedule released last week. Every county in Ohio has to determine the true market value of all of the real estate within its borders every six years.
“In layman’s terms, if I were to sell my property, what is that property worth? What would I list it as?” Department of Taxation Policy Director Tim Lynch said in an interview…