Stow's Tax Rate for 2013 to Increase by $10
Here are the numbers that make up your property tax bill this year.
Stow's tax rate will rise by not even 1 mill this year, according to data provided by The Plain Dealer and Cleveland.com.
Homeowners will pay $2,086 for every $100,000 in home value this year, up from $2,076 last year, according to the database.
Overall millage stands at 68.11 this year, compared to 67.78 in 2012.
The increase is caused by November's voter approval of a $6.5-million school operating levy.
The tax adds $201.21 a year per $100,000 to a property owner's tax bill.
The school district gets the largest share of your taxes, with 42.53 mills costing $1,303 per $100,000 valuation.
Summit County gets the next-highest amount, or $387. The city collects 9.50 mills, which translates to $291 per $100,000.
For a more detailed look at Stow's tax situation, click here to see the Cleveland.com database.
Leigh Peterson
6:51 pm on Wednesday, January 23, 2013
I'm confused by these two statements:
"Homeowners will pay $2,086 for every $100,000 in home value this year, up from $2,076 last year, according to the database."
"The tax adds $201.21 a year per $100,000 to a property owner's tax bill."
Doesn't the first statement say tax is up $10 and the second statement says tax is up $201.21?