Sheryl Pockrose watches her property taxes soar in West Price Hill.
Have you ever felt frustrated and helpless when faced with a sudden increase in your property taxes? Sheryl Pockrose, a resident of Cincinnati's West Price Hill neighborhood, can relate. Despite making no changes to her home in almost three decades, she was confronted with an astounding 81% surge in property tax. And she's not alone.
Taxes vs. Values: A Disparity That Stings
Pockrose's experience mirrors the sentiments of many Hamilton County residents who found themselves in a similar predicament after a state-mandated reappraisal revealed skyrocketing property values. Although the overall increase in residential property taxes was around 15%, this rise did little to alleviate the shock felt by homeowners in certain neighborhoods. In fact, some neighborhoods, particularly those in the city of Cincinnati, experienced tax hikes almost equal to the surge in property values.
But what is driving this disparity between taxes and values? Experts attribute it to the red-hot housing market and the influx of speculators and out-of-state real estate investors in low-income neighborhoods. As a result, moderate- and low-income homeowners are now burdened with a larger share of their income being spent on taxes.
Relief for Homeowners: Is There a Way Out?
Fortunately, the state of Ohio offers various forms of property tax relief for homeowners who find themselves in these difficult circumstances. Homestead exemptions are available for veterans, disabled property owners, and residents aged 65 and older with total household incomes below $38,600. These exemptions protect a portion of the home's value from taxation, providing some much-needed respite.
Hamilton County Auditor Brigid Kelly
However, the Hamilton County Auditor's office has been flooded with complaints, illuminating the need for further solutions. Auditors, like Brigid Kelly, emphasize that property taxes are not solely based on property valuations, but also on tax levies approved by voters in local jurisdictions. While the mass appraisal system used in Hamilton County is imperfect, the Board of Revision provides an avenue for homeowners to contest inaccurate valuations.
How to Take Action: Applying for a Property Tax Exemption
If you believe you qualify for a property tax exemption, here's what you can do:
- Fill out application form DTE105A, available at the Hamilton County Auditor's office or online.
- Submit the form to the county auditor before December 31. Remember to sign it in ink and avoid electronic filing.
- Provide supporting documentation based on your eligibility (e.g., proof of age, disability, or veteran status).
- For further assistance, contact the auditor's homestead unit at (513) 946-4099.
In Closing
The burden of unfair property tax hikes weighs heavily on homeowners across Hamilton County. While challenges persist, it is crucial to explore available options and voice our concerns to effect change. By utilizing the resources and procedures provided, homeowners can take proactive steps towards a fairer property tax system.
Remember, you are not alone in this struggle, and your voice matters. Together, we can work towards a more just and equitable future.
