Franklin County auditor Michael Stinziano's office this afternoon released the following statement regarding tax relief for property owners who've experienced weather-related damage:
Weather-damaged properties could be eligible for tax relief
Property owners of a home or business that has been damaged by the recent flooding or storms may be eligible to receive a reduction on their annual real estate tax bill.
Franklin County Auditor Michael Stinziano confirmed that state law gives County Auditors the authority to reduce real estate values for properties that have been damaged or destroyed. A substantial reduction in property value could result in lower real estate taxes for the property until it has been restored to its prior condition or value.
Property value reductions can be applied to real property, including manufactured homes. Ohio Revised Code 319.38 further defines real property.
“We want to make sure citizens who have suffered structural damage to their property are informed about their options regarding potential tax relief,” said Auditor Stinziano.
The application deadline for damage occurring since January 1, 2019 is December 31, 2019 for real estate and January 31, 2020 for manufactured homes taxed apart from land.
Applications for a property value reduction and additional information are available on the Franklin County Auditor's website at www.franklincountyauditor.com/real-estate/tax-reduction-programs/damaged-destroyed-form.
Property owners can also receive additional information by calling the Franklin County Auditor's Office at (614) 525-HOME.
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