BUTLER COUNTY: Auditor May Reduce Taxable Value of Damaged Property Brought on by Storms

Release:

HAMILTON, OHIO – As a result of the recent series of rain storms that brought strong winds and high water to parts of Butler County, County Auditor Roger Reynolds reminds property owners that they may claim a reduction in the taxable value of their property that has been destroyed or damaged. This reduction does not apply to damage to personal property such as furniture or appliances.

Ohio law enables property owners to claim the reduction at any time, regardless of the cause of the damage. The amount of reduction is prorated based on the calendar quarter in which the damage occurs. Property owners must file an application with the county Auditor’s Office for a reduction no later than Dec. 31 in the year that the damage occurred. Refunds or credits may be available.

Auditor Reynolds noted, “With the heavy rains that caused flood damage and wind damage recently, the residents of Butler County need to be mindful of the relief that this law provides. This law provides tax relief to those homeowners who suffered property damage. The amount of tax relief will depend upon the extent of the damage.”

Property owners should take pictures of the damage and file them with the Application for Valuation Deduction for Destroyed or Damaged Real Property (DTE 26).

Those interested in seeking a reduction may download DTE Form 26 from the bottom of the Auditor’s Internet home page or from the “Forms” section of the Auditor’s Web site: www.butlercountyauditor.org; or by contacting the Auditor’s Real Estate Department at (513) 887-3154.