Rebalancing of the tax value burden: 2023 revaluation is out for Wood County ...Middle East

The 2023 revaluation values have received state approval, according to a news release by Wood County Auditor Matthew Oestreich. Countywide residential properties have received an average increase of 24.3%. Ohio law requires that each county in the state conducts a reappraisal every six years. Generally in every third year following a revaluation a “triennial update” of values by neighborhood is mandated to better reflect the current market conditions. Wood County last conducted a countywide revaluation in 2017 and updated the values for the 2020 tax year. In addition to an increase in residential property values, agricultural CAUV, commercial and industrial properties throughout the county w

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Rebalancing of the tax value burden: 2023 revaluation is out for Wood County ...Middle East

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