Proposed Levies

Property taxes are measured in mills. One mill generates one dollar of tax for each $1,000 of a property’s assessed value.

Types of Levies

Additional Levy - A new levy

Replacement Levy - An existing levy to be replaced at the original levy amount approved by voters before any reduction factors due to House Bill 920. Generally increases current property taxes.

Renewal Levy - An existing levy to be renewed at the current millage amount. Generally does not increase current property taxes.

levies 8 10 2023

PDF copy of Proposed Levies

Steps to Calculate Real Property Tax Increase from Additional and/or Replacement Levies

Market Value (Value set by Mahoning County Auditor) x 35% = Assessed Value (aka Taxable Value) 
Assessed Value ÷ 1,000 (Tax Rates are based on a taxable thousand) x Proposed Additional or Replacement Bond/Levy Amount = Yearly Gross Tax Amount before applicable reductions/credits (Additional and Replacement Levies approved by voters after 2013 are not reduced by the Non-Business Credit or the Owner Occupant Tax Reduction).


Sample Calculation for Austintown Township Proposed Additional Fire Apparatus Levy

Market Value
Assessed Value (35% of Market Value)
Divide by 1,000 (Tax rates are based on a taxable thousand)  Proposed Millage Amount
Estimate of Additional Taxes
$200,000
$70,000
70
3.00
$210