The Fiscal Officer cannot and does not raise or lower taxes. There are 74 taxing authorities in Summit County. They include the County of Summit, 5 county agencies, 26 school districts, 3 library districts, 12 cities, 10 villages, 9 townships, 1 water district, 1 fire district and 1 cemetery district. Each of these taxing authorities are responsible for putting their own levies on the ballot for the voters to approve. Real property taxes levied in Ohio are taxes imposed on the value of the property.
The Tax Settlement & Budget Department in the Auditor Division of the Fiscal Office maintains all tax rates and distributes tax revenues that have been levied and collected to taxing authorities in Summit County. They prepare all audit reports for the State of Ohio Department of Taxation and provide revenue estimates for all the taxing authorities.
For your convenience we have posted the Full Effective Tax Rates Summaries in PDF format.
- Additional Levy - A new levy that produces more money for the district and will reflect an increase in property taxes.
- Renewal Levy - Brings in the same amount of money for the district that an expiring levy generates and will not raise property taxes.
- Replacement Levy - Generates more money for the district because it takes the place of a levy that is collected on the basis of old property values. A replacement levy raises the taxes to reflect the current market value of the property.
- Emergency Levy - Emergency millage is only levied by school districts and collects the same amount of money annually for a specific number of years. If it is a new levy, it will increase the tax cost to a homeowner. If it is a renewal levy, it may cost the same, more or less based on the total evaluation of the school district. These levies are adjusted annually to reflect any changes in the total valuation of the school district.
- Bond Levy - Levied for a specific number of years to pay the interest and principal for a permanent improvement. If it is a new levy, it will increase the tax cost to a homeowner. The amount paid varies from year to year and may decline over the length of the debt. The levied amount is calculated on the basis of the principal and interest payment for that year and takes into account any balance from the previous year.