DAYTON — Homeowners in Montgomery County are confused about a more than 30 percent increase in their property values.
The county auditor’s office said they’ve gotten 7,000 from people concerned the increase means their property taxes are going up that much too, but County Auditor Karl Keith said that isn’t the case and has spent the last few months trying to clear up the confusion.
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While home property values have gone up about 34 percent in Montgomery County, Keith told News Center 7 that “does not mean a 34 percent increase in taxes.”
“The tax impact of all that is much, much less,” Keith said Thursday.
He told News Center 7′s Xavier Hershovitz that while they don’t have the final tax rate from the state, he expects it to be somewhere between four and six percent for most property owners.
“We ask people to keep the jury out on this because it’s not nearly as dramatic as they may think,” Keith said.
The auditor wants to remind property owners where these taxes go.
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“None of that money goes to Columbus, none of that money goes to (Washington) D.C. This is a form of revenue that stays in the local community that funds vital public services,” Keith said.
Ken Gauvey, the husband of a school teacher, said he’s seen his property taxes go up year after year, but understands where the money goes.
“All in all, it’s a good thing,” he told News Center 7.
If you have an issue with what your property was valued at, there is an appeal process that starts next month. You have until April to get your appeal into the Board of Revision. Information about that process can be found here.
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