Hancock County Treasurer

 Understanding Your Tax Bill

There are two major factors that influence the amount of real estate taxes you pay -

  1. the value of your property as determined by the Hancock County Auditor and
  2. tax levies, most of which are approved by the voters.

Following is a detailed explanation of a tax bill similar to yours:

     J. STEVE WELTON

     Hancock County Treasurer

     300 S. Main St. Findlay, OH  45840

     (419)424-7213

PROPERTY ADDRESS - actual address of the property.

 

TAXPAYER MAILING ADDRESS


SPECIAL ASSESSMENTS

SPECIAL ASSESSMENTS - half year and full year amounts that are added to your taxes for charges such as ditch maintenance, lighting and street assessments

WHERE YOUR TAXES GO

Indicates in dollars and cents how much each taxing authority receives of your half year tax payment.  Most are voted levies. -THIS CORRELATES TO THE ADJUSTED TAX DOLLAR AMOUNT UNDER THE CALCULATION OF TAXES FIELD OF YOUR BILL

 

 

 

 

 

 

 

 

 

 

 

TAX YEAR- the tax year and period the tax bill reflects

(REAL ESTATE TAXES ARE ALWAYS BASED ON PRIOR YEAR)


DUE DATE- LAST DATE PAYMENT CAN BE MADE WITHOUT PENALTY

 


PARCEL INFORMATION

PARCEL NUMBER- number that has been assigned to permanently identify your property

CLASSIFICATION—numerical code assigned based on property classification                                                                       (agricultural, residential, commercial, Exempt and Personal Property

TAX DISTRICT- the township, corporation and school district where your property is located

OWNER- name of the deed owner as of the time Bill was printed

LEGAL DESCRIPTION-legal description assigned to the location of parcel


 

PARCEL VALUES-list the 100% market value and the taxable value (35% of market value of the land and 35% of the market value of all the buildings on the property).

CAUV SAVINGS - the amount of tax savings on this bill because of the CAUV (Current Agricultural Use Value) program.  On farmland only.

HOMESTEAD-value for those qualifying for the HOMESTEAD CREDIT-contact the Auditor’s office for further explanation.

TAX RATES


GROSS TAX RATE (MILLS) - total millage for your taxing district. Click here for Tax Rate Sheet

REDUCTION FACTOR - millage is reduced by this factor to lessen the impact of inflationary property values.  The factor is calculated by the State, based on property values in your district.

EFFECTIVE RATE - total millage adjusted by the reduction factor.

NON-BUSINESS CREDIT (%)-percentage used to calculated credit for NON-BUSINESS parcels

OWNER OCCUPANCY CREDIT (%)-percentage used to calculated credit for OWNER OCCUPIED parcels

CALCULATION OF TAXES

 

REAL ESTATE TAXES - half year tax before any deductions.  It is calculated by multiplying the EFFECTIVE TAX RATE (Mills) by the Total TAXABLE Value and dividing by two.

       TAX CREDIT/HB920 - calculated by multiplying the REAL EASTATE Tax by the Reduction Factor.

ADJUSTED TAX - amount of half year tax after the tax reduction. 

NON- BUSINESS CREDIT- State mandated reduction.

OWNER OCCUPANCY CREDIT - State mandated reduction applicable only to owner-occupied residential property. 

HOMESTEAD - reduction given to those who have applied and qualified for the Homestead Exemption. (Please contact the Auditor’s office for an application. (419)424-7015)

REAL ESTATE NET - current net general tax due.  Represents half year.                                          

CAUV RECOUPMENT- half year amount of prior years' taxes that have been recouped due to the removal of this land from the Current Agricultural Use Value program.  (Please contact the Auditor’s office for an explanation. (419)424-7015)

PRIOR DELINQUENT-BALANCE DUE FROM PRIOR YEAR TAX COLLECTION PERIODS

1ST HALF BALANCE-BALANCE NOT PAID BY 1ST HALF DUE DATE

PENALTY -CHARGE FOR PAYING TAXES LATE

PRIOR INTEREST-INTEREST ON PRIOR YEARS UNPAID BALANCE

ADJUSTMENT-ADJUSTMENTS MADE BY THE AUDITOR (Please contact the Auditor’s office for an explanation. (419)424-7015)

 


    SPECIAL ASSESSMENTS 

         CURRENT CHARGES the total of the 1st half charges listed under ‘SPECIAL ASSESSMENTS’ SECTION OF YOUR BILL

         PRIOR DELINQUENT-BALANCE DUE FROM PRIOR YEAR SPECIAL ASSESSMENTS

         1ST HALF BALANCE - pay this amount if you wish to pay only one-half of your Real Estate Taxes.

    This is the amount that is due by the due date on this bill.

         PENALTY -CHARGE FOR PAYING SPECIAL ASSESSMENTS LATE

         PRIOR INTEREST-INTEREST ON PRIOR YEARS UNPAID SPECIAL ASSESSMENTS

         ADJUSTMENT-ADJUSTMENTS MADE TO SPECIAL ASSESSMENTS BY THE AUDITOR (PLEASE CALL AUDITOR’S OFFICE FOR           EXPLANATION 419-424-7015)

    PAYMENTS-payments applied toward tax/special assessments charged


    1ST HALF BALANCE-to pay only the 1st half balance

    OVERPAYMENT APPLIED TO 2ND HALF-Any excess funds received on 1st half balance that have been applied to 2nd half balance

    FULL YEAR BALANCE – TO PAY THE FULL YEAR TAXES.

 

PAYMENTS MUST HAVE A US POSTAL CANCELLATION ON OR BEFORE THE DUE DATE TO AVOID PENALTY

 

MAILING ADDRESS CHANGES MUST BE SUBMITTED IN WRITING TO THE HANCOCK COUNTY TREASURER

 

IF YOU NEED A RECEIPT, YOU MUST ENCLOSE A SELF ADDRESSED STAMPED ENVELOPE WITH YOUR PAYMENT

 

If you have any questions concerning the valuation or the calculation of your taxes, please call the Hancock County Auditor's office at (419) 424-7015.  

If you have any questions in regard to payment of your taxes, please call the Hancock County Treasurer's Office at (419) 424-7213.

 

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