![\"EXAMPLE](\"https:\/\/www.coshoctoncounty.net\/auditor\/wp-content\/uploads\/sites\/3\/2016\/07\/EXAMPLE-BILL-1024x928.png\")
<\/p>\n<\/p>\n
STEP 1 – DETERMINE YOUR MARKET VALUE<\/strong> STEP 2 – CALCULATING THE ASSESSED VALUE<\/strong> For this example parcel number 001-00000000-00 begins with 001 which is Adams Township – Newcomerstown School District<\/em><\/span><\/p>\n STEP 4 – DETERMINE THE EFFECTIVE RATE STEP 5 – MULTIPY<\/b> STEP 6 – FIGURE YOUR TAX<\/b> <\/p>\n PLEASE NOTE:<\/strong><\/p>\n <\/p>\n What is Market Value?<\/strong> What is Assessed Value?<\/strong> STEP 1 – DETERMINE YOUR MARKET VALUE If you are building a home, the construction price (including labor) is the market value. If you are currently living in your home, you can look on the right side of your tax bill for the market value, visit www.coshcoauditor.org or contact the office to find out your market […]<\/p>\n","protected":false},"author":11,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"ngg_post_thumbnail":0,"footnotes":""},"class_list":["post-417","page","type-page","status-publish","hentry","post-preview"],"_links":{"self":[{"href":"https:\/\/www.coshoctoncounty.net\/auditor\/wp-json\/wp\/v2\/pages\/417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.coshoctoncounty.net\/auditor\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.coshoctoncounty.net\/auditor\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.coshoctoncounty.net\/auditor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.coshoctoncounty.net\/auditor\/wp-json\/wp\/v2\/comments?post=417"}],"version-history":[{"count":29,"href":"https:\/\/www.coshoctoncounty.net\/auditor\/wp-json\/wp\/v2\/pages\/417\/revisions"}],"predecessor-version":[{"id":6096,"href":"https:\/\/www.coshoctoncounty.net\/auditor\/wp-json\/wp\/v2\/pages\/417\/revisions\/6096"}],"wp:attachment":[{"href":"https:\/\/www.coshoctoncounty.net\/auditor\/wp-json\/wp\/v2\/media?parent=417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nIf you are building a home, the construction price (including labor) is the market value. If you are currently living in your home, you can look on the right side of your tax bill for the market value, visit www.coshcoauditor.org or contact the office to find out your market value. If you are looking at an existing home other than your own, market values can be located on the auditor’s real estate website at www.coshcoauditor.org
\nFor this example the market value is $100,000<\/em><\/span><\/p>\n
\nTake the total market value times 35% to get the assessed value.
\nFor this example take $100,000 x .35 = $35,000<\/em><\/span>
\n<\/b>
\nSTEP 3 – FINDING YOUR TAXING DISTRICT<\/b>
\nYour taxing district is determined by looking at your parcel number. Your parcel number can be found on your tax bill, visit www.coshcoauditor.org or contact the office to find out. Another way to find your taxing district – go to Tax Rates<\/a> and open up the current tax rate sheet.<\/p>\n
\n<\/b>Use the last two columns to determine which effective tax rate to use. The choices are Agricultural\/Residential or Commercial.
\n<\/b>For this example the effective tax rate is 47.103194 for an Agricultural\/Residential property.<\/span><\/em><\/p>\n
\nMultiply the number from step four by the assessed value.
\nFor this example take 47.103194 x $35,000 = 1,648,611.79<\/em><\/span><\/p>\n
\nCalculating yearly tax amount.
\nFor this example take 1,648,611.79 \/ 1000 = $1,648.61<\/em><\/span><\/p>\n\n
\n
\nOhio’s Constitution, laws and courts have determined that the “measure” to be used in determining the value of property for tax purposes is the “estimated fair market value.” Market value or “true value” is defined as the price your property would be expected to sell for in the open market place when your buyer and seller have full knowledge of all relevant facts about the property and the uses to which may put out, or how much a typically-motivated buyer would pay for a property when purchasing it from a typically-motivated seller.<\/p>\n
\nAssessed value is the value of property against which the tax rate is applied in order to compute the amount of taxes due. By Ohio law, assessed value is set at 35% of appraised value or market value.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"