In 2022, Medina County conducted a county-wide property tax reappraisal that increased home values by an average of 27%. However, voted tax levies are a fixed amount, so an increased home value doesn’t mean additional money collected on operating, permanent improvement, or bond levies.
Learn more about reappraisals and their effects from our finance expert and Treasurer, Mark Pepera!
https://www.youtube.com/watch?v=EgEbEZRIkYU
Original source can be found here.
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