Seneca County, Ohio Site Designed And Hosted By Digital Data Technologies Inc.
Home About the Treasurer Tax Search Tax Bill Payment Options Tax Rates Tax Forms FAQs Contact Us County Home

Tax Rates

Tax Calculation


The steps outlined below show how a real estate tax bill is calculated. The calculations used in the example are for a $100,000 home in Allen Township for tax year 2005; Full tax rates and reduction factors can be found on the tax rate sheet above.

Note: 10% rollback does not apply to commercial property.

Determine the assessed value
Formula: (Appraised Value) x 35% = Assessed Value
Example: $100,000 x .35 = $35,000

Divide (Assessed Value) in half to Calculate Half-Year Tax Bill Amount.
Formula: (Appraised Value) / 2 = Assessed Value (For Half-Year Tax Bill Calculation)
Example: $35,000 / 2 = $17,500

Calculate the gross tax [See the tax rates page for full rates.]
Formula: (Assessed Value) x (Full Rate) = Gross Tax (for Half-Year) / 1,000
Example: $17,500 x 83.60 / 1,000 = $1,463.00

Calculate the reduction factor credit amount [See the tax rates page for reduction factors.]
Formula: (Gross Tax) x (Reduction Factor) = Reduction Factor Credit
Example: $1,463.00 x .452516 = $662.03

Reduce the gross tax by the reduction factor credit amount
Formula: (Gross Tax) - (Reduction Factor Credit) = Adjusted Tax
Example: $1,463.00 - $662.03 = $800.97

Calculate the rollback credit amount
Formula: (Adjusted Tax) x (Rollback) = 10% Rollback Reduction
Example: $800.97 x .10 = $80.10

For "Owner-Occupied" Residential Properties, there is an additional 2.5% Rollback.
Formula: (Adjusted Tax) x (Rollback) = 2.5% Rollback Reduction
Example: $800.97 x .025 = $20.02

Reduce Adjusted Tax by Total Rollback for Half-Year Tax Amount.
Formula: (10% Rollback) + (2.5% Rollback) = Total Rollback Reduction (Adjusted Tax Amount) - (Total Rollback Reduction) = Total Half-Year Tax Amount.
Example: $80.10 + $20.02 = $100.12
$800.97 - $100.12 = $700.85
Half Year Tax Amount: $700.85 Billed Semi-Annually

Disclaimer: Records from the Office of the Treasurer are public information under the Ohio Public Records Law. Database last updated: 11/22/2017 10:15:42 PM