Real estate levies in Ohio are typically paid twice a year, with installments due in the first and second halves of the year. Specific payment deadlines are determined by the county auditor, so variations exist across the state. For example, one county might require the first half payment by February 15th and the second by July 20th, while another could have slightly different deadlines. These charges are based on the assessed value of the property and the local millage rates.
Timely remittance of these payments is crucial for maintaining good standing with the county government. Delinquent payments can lead to penalties, interest accrual, and ultimately, tax liens on the property. Historically, property taxes have been a cornerstone of funding for essential public services, including schools, libraries, and local infrastructure. Consistent and timely payments ensure the continued provision of these services within communities.