(A)
(1) If the commissioner is unable to certify
a tax reduction factor for either class of real property in a taxing unit
located in more than one county by the last day of November because the
information required under division (G) of section
319.301 of the Revised Code is
unavailable, he shall determine and certify estimated tax reduction factors for
taxes levied by that taxing unit. The estimated tax reduction factors shall be
based on an estimate of the unavailable information.
(2) The commissioner shall also determine and
certify estimated composite tax reduction factors for each taxing district by
using the tax reduction factors estimated in paragraph (A)(1) of this
rule.
(3) Upon receipt of the
actual information for a taxing unit that used estimated tax reduction factors,
the commissioner shall compute the actual tax reduction factors and the
composite tax reduction factors for those taxing districts in which the taxing
unit is located. Using these actual tax reduction factors, the commissioner
shall compute the taxes that should have been charged and payable against real
property in that class for the year for which the estimated tax reduction
factors were used.
(4) For the
current tax year following the tax year for which the estimated tax reduction
factors were used, the commissioner shall add to or subtract from the amount of
taxes due for that current year the amount of underpayment or overpayment that
resulted in the preceding tax year from the use of the estimated tax reduction
factors.
(B) This
paragraph applies to all circumstances other than the use of an estimated tax
reduction factor as provided in paragraph (A) of this rule.
If the tax commissioner determines that the tax reduction
factors or the composite tax reduction factor for either class of real property
used on the tax bills for the first half collection of real property taxes was
illegal or erroneous, the commissioner may order a correction at any time prior
to the mailing of the tax bill for the second half collection of taxes for the
same tax year.
The correction shall adjust the tax reduction factors and the
composite tax reduction factor used on the tax bills for the second half
collected for such year so that the sum of the taxes charged against each
parcel of property in the first half collection and the second half collection
equals the total amount of taxes that should have been charged against such
property for that tax year if a correct and legal tax reduction factor had been
used on the tax bill for both collection periods.
(C) If the tax commissioner determines that
the tax reduction factors or the composite tax reduction factor for a class of
property was illegal or erroneous after the time for a correction permitted
under paragraph (B) of this rule, the commissioner shall determine the correct
tax reduction factor that should have been used for that year. In computing tax
reduction factors for the following tax year, the commissioner shall use, as
the net taxes for the year for which the illegal or erroneous tax reduction
factors were used, the amount of net taxes for that year if the correct tax
reduction factors had been used. Except as provided in division (H) of section
319.301 of the Revised Code and
paragraph (A) of this rule, the commissioner shall not adjust the tax reduction
factors for such subsequent tax year in order to add to or subtract from the
taxes charged and payable for that year any amount that represents an
overpayment or underpayment resulting from the use of the illegal or erroneous
tax reduction factor in the preceding year.
Notes
Ohio Admin. Code
5703-25-48
Effective:
4/12/2019
Five Year Review (FYR) Dates:
1/10/2019 and
04/12/2024
Promulgated
Under: 119
Statutory Authority:
5703.05
Rule
Amplifies: 319.301
Prior
Effective Dates: 03/20/1988, 09/18/2003