If you own or otherwise pay property taxes in Ohio, your property tax bills may have recently increased dramatically. Property assessments are reassessed by County every 3 years. Many large Ohio counties, including Franklin (Columbus), Hamilton (Cincinnati), and Montgomery (Dayton) were reassessed for the 2023 pay 2024 tax year.
Following a mandate by the State of Ohio to increase property values, many commercial properties across the state have seen assessments increase by as much as 40%. The deadline to challenge these increased assessments is March 31, 2024. If left uncontested these assessments will hold until the 2026 pay 2027 tax year. If you would like to discuss reducing your property taxes, please call my office at 513-381-3890 or email me at ryan@thegibbsfirm.com