Statutes, codes, and regulations
Ohio Administrative Code
Title 5703 - Department of Taxation
Chapter 5703-25 - Equalization - Appraisals
Section 5703-25-47 - Tax reduction factor; allocating taxes collected from each tax levy

Ohio Admin. Code 5703-25-47

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Current through all regulations passed and filed through December 2, 2024
Section 5703-25-47 - Tax reduction factor; allocating taxes collected from each tax levy

For the purpose of ascertaining the net amount of taxes collected for each particular tax levy, pursuant to section 319.451 of the Revised Code, the county auditor shall use the tax reduction factors certified under paragraph (B)(1) of rule 5703-25-46 of the Administrative Code.

The composite tax reduction factors certified under paragraph (B)(2) of that rule shall never be used for this purpose.

Ohio Admin. Code 5703-25-47

Effective: 4/12/2019
Five Year Review (FYR) Dates: 1/10/2019 and 04/12/2024
Promulgated Under: 119
Statutory Authority: 5703.05
Rule Amplifies: 319.301
Prior Effective Dates: 03/20/1988, 09/18/2003