Damaged Property Value Reduction | Portage County Auditor
449 South Meridian Street, 5th Floor, Portage County Administration Building, Ravenna, OH 44266
Barrier Free Restrooms|Wheelchair Accessible Building (ramps & main entrance doors).
Eligibility
Required documents
Hours
Languages
None.
Application process
Call the office or visit the website at www.portagecountyauditor.org/Forms.aspx to download the application form.
Fees
Any deduction from property value will affect the tax bills mailed in January of the following year. The amount of the deduction equals a percentage of the reduction in value caused by the damage. That percentage is determined by the calendar quarter in which the damage occurred: - Damage occurring between January 1st to March 31st: may be eligible for a 100% reduction in property tax equal to the amount of damages. - Damage occurring between April 1st to June 30th: may be eligible for a 75% reduction of the amount of damages. - Damage occurring between July 31st to September 30th: may be eligible for a 50% reduction of the amount of damages. - Damage occurring between October 1st to December 31st: may be eligible for a 25% reduction of the amount of damages. Example: - $100,000 - Original appraised value for current tax year. - Damage occurred between April 1st and June 31st = 75% reduction. - $ 7,500 - 75% reduction of the $10,000 damage. - $ 92,500 - New appraised value f
Service area
Portage County, Ohio
Description
Offers a property tax bill adjustment to homeowners who have sustained any property damage or destruction due to fire, flood, storm, or intentional demolition.
Data provided by
211 Summit
Providing organization
Portage County Auditor
Provides a variety of taxpayer services to Portage County residents.
