The City of Cincinnati will not increase property taxes this year. Even though the city is facing a budget shortfall, City council did not request a higher rate early enough in the process and therefore Cincinnati City Property Tax rates will remain at 4.46 mills.
Local residents should not see an increase in their property tax bill, at least the City portion of their bill. Council was able to act in time and approved the continuation of the rate. Had they not voted the City could have had the rate default to 0.0 mils, taking away $60 million dollars of much needed tax money.
If you are concerned about your property taxes and think the county appraiser overvalued your home call me. We can talk about comparable sales and determine if you are paying to much in property tax and what we can do about it. 518-1140