According to a report by the Cleveland Plain Dealer, more than 25,000 complaints are in ongoing procedures with the Cuyahoga County Board of Revision, as homeowners attempt to cut their property taxes and school districts fight to keep the taxes in place at existing levels. This number comprises nearly 5 percent of the county’s total properties, and the effect can be devastating for some districts. The challenges are brought on by the housing market collapse and increase in foreclosures, both of which have homeowners questioning their homes’ values. Virtually all Cuyahoga County’s 33 school districts contest industrial and commercial changes; however, approaches vary when it comes to challenges from homeowners. Some districts dispute residential complaints by filing counter-complaints, and others choose not to dispute the challenges for fear of angering residents who vote on their levies. The Board of Revision does not track the total value adjustment requested in each district, and therefore, it will not know the total effect until every case is decided, likely next spring. Some districts face losses of more than $1 million in taxes this year. Moreover, if homeowners pay their full tax amount due before their values are adjusted, the districts would owe taxpayers refunds. The losses could force districts to ask voters to pass levies sooner and for money additional to what they otherwise would have asked.
Register Now As you are not an existing subscriber please register for your free daily legal newsfeed service.Register
If you have any questions about the service please contact email@example.com or call Lexology Customer Services on +44 20 7234 0606.
Homeowner attempts to cut property taxes affecting school boards
- Bricker & Eckler LLP
- June 29 2009
If you are interested in submitting an article to Lexology, please contact Andrew Teague at firstname.lastname@example.org.
"Lexology is a quick and useful indicator of developments in the legal sphere. It alerts me to changes taking place in the legal environment in South Africa that I may not otherwise have spotted or had immediate access...
"Lexology is a quick and useful indicator of developments in the legal sphere. It alerts me to changes taking place in the legal environment in South Africa that I may not otherwise have spotted or had immediate access to as a company lawyer. It definitely serves as a trigger for me to investigate such changes in the legal landscape in South Africa as they may affect my work and that of my employer. I believe that receiving Lexology provides me with a competitive advantage."
Dr Jürgen Fegbeutel
Legal Services Director
BMW (South Africa) (Pty) Ltd