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What could historic property value increases in Ohio mean for your taxes?

Image by Paul Brennan from Pixabay

Residents across Ohio are seeing historic increases in property values as home prices soar — and that has many concerned about property taxes.

In Hamilton County preliminary estimates are that residential property values could increase 33% countywide. Butler County, meanwhile, estimates residential values could increase 37% countywide.

So will these higher reassessments mean higher property taxes? And how can you dispute the property value if you don't agree with the reassessment?

On Cincinnati Edition, we discuss the historic increases and why some taxes rise with home values and others don't.

Guests:

  • Brigid Kelly, auditor, Hamilton County
  • Nancy Nix, auditor, Butler County

Listen to Cincinnati Edition live at noon M-F. Audio for this segment will be uploaded after 4 p.m. ET.

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