Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Property»“Income Isn’t Rising With Property Valuations”: Cuyahoga County Dems Urge State to Provide Relief on Climbing Property Taxes | Cleveland
    Property

    “Income Isn’t Rising With Property Valuations”: Cuyahoga County Dems Urge State to Provide Relief on Climbing Property Taxes | Cleveland

    August 28, 20245 Mins Read


    click to enlarge Rep. Bride Rose Sweeney of Ohio District 16 joined Cuyahoga County Executive Chris Ronayne on Tuesday morning to remind residents that the upcoming spike in property taxes could be alleviated on a state level. - Mark Oprea

    Mark Oprea

    Rep. Bride Rose Sweeney of Ohio District 16 joined Cuyahoga County Executive Chris Ronayne on Tuesday morning to remind residents that the upcoming spike in property taxes could be alleviated on a state level.

    A handful of Cuyahoga County and state Democrats gathered in a room on the fourth floor of the County Headquarters on East 9th on Tuesday morning with one consistent, resonating message:

    Property values are increasing next year. But that’s not our fault.

    In the spring, Cuyahoga County officials announced that home and property owners would see values jump, on average, 32 percent across the board following the sexennial reappraisal.

    Such high spikes, framed by officials as kind of catching up from the devastation of the Great Recession, were also highly disparate depending on whether one’s house is in the city or the suburbs: While property values are set to climb about 25 percent in suburbs like Westlake, Orange and North Royalton, properties in Cleveland are set, a map shows, to nearly double.

    That resulting complication—double the appraised values in a city with nearly half the household incomes of the suburbs that surround it—led the Democrats present Tuesday morning to reassert their fight to right the perceived wrongs decided by a state legislature outside of their control.

    “If you think your valuation is too high, tell us,” County Executive Chris Ronayne told media present. “As a reminder, a 30-percent increase in value does not necessarily mean a 30-percent increase in your taxes. Again, valuation increase does not mean tax increase.”

    Orchestrated by the County’s Fiscal Office every six years at the demand’s of the state, a mass reappraisal, carried out by a phalanx of field workers surveying homes from the sidewalks, carries a load of political implications.

    These re-evaluations—despite Ronayne’s optimism—usually do result in higher tax payments come March for most homeowners.

    For example, a Clevelander with a home valued at about $150,000 in 2023 would see that property value shoot up to $223,500 come 2025. And they’d pay, according to the county’s oh-so-convenient tax calculator, $4,648 in taxes—about a $660 increase from the year before.

    To combat the blow, especially to seniors and the disabled on a fixed income, County and state reps devised a series of tax alleviators. Property owners can use EasyPay to “prepay” in monthly installments; chip off some taxes if they’re over 65 and lower-income; get a 2.5 percent reduction for married homeowners; and delay tax payments if they’re in the military.

    Everyone else can submit a complaint to the county, electronically, by mail or in person, if they feel that their property value reassement isn’t just or fair. These complaints must include an appraisal from the last three years; photos of home damage or maintenance; repairs estimates; a purchase agreement and sales comparisons for other homes.

    click to enlarge The 2024 reappraisal map shows a kind of rebalancing that experts say is a catching up from Great Recession-era home values. - Cuyahoga County

    Cuyahoga County

    The 2024 reappraisal map shows a kind of rebalancing that experts say is a catching up from Great Recession-era home values.

    And these complaints, Ronayne reiterated this morning, must be submitted by Friday.

    The more longterm fix, Ronayne said, lied in the strength of the legislation his fellow Dems were fighting to see considered in Ohio congress, from H.B. 263—which would freeze property taxes for residents age 70 and older who make less than $70,000—to H.B. 645, which would dole out $1,000 rebates.

    Grocery prices aren’t predicted to fall. And neither are home prices themselves.

    “We need help,” he said. “The reality [is] that that the two ends aren’t meeting: income isn’t rising with property valuations. And so we support every bill that these state representatives have put forth.”

    All three representatives flanking Ronayne and his call to residents—Rep. Bride Rose Sweeney, Rep. Phil Robinson and Rep. Sean Brennan—warned those eyeing higher payments in 2025 to see those upcoming burdens as malleable and fixed to a political system that, with the right votes, Ohioans have control over.

    Ronayne’s guests also pointed to another assumption: lowering these taxes would require a levy at the county level.

    “I want to be very clear, that is a false choice,” Sweeney said. She hinted at reworking of Ohio’s $90 billion budget, one that could see, if legislation is passed, a ramping up of workarounds like the homesteaders exemption: “We have the money to pay at the state for property tax relief now.”

    And not just for those who own.

    “I was a former renter. I know I pay property taxes,” Brennan told the crowd. “Anybody in the room that pays rent knows you pay property taxes and your rents are going up.”

    “I’ve got many senior citizens in my district calling me, telling me they don’t know how they’re going to afford their rent because it just went up $150 a month,” he added. “I’ve been on the phone in tears with some of these folks because they just don’t know how they’re going to do it.

    Subscribe to Cleveland Scene newsletters.

    Follow us: Apple News | Google News | NewsBreak | Reddit | Instagram | Facebook | Twitter | Or sign up for our RSS Feed





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    4 Industries Real-World Asset Tokenization Could Transform in 2026

    Property

    Netherlands Commercial Real Estate 2026 in The Netherlands

    Property

    Torbit HR Insights 2025 & Outlook 2026: In 2026, Top Real Estate Roles Will Blend Domain Expertise With Digital Fluency

    Property

    Polymarket to launch real estate prediction markets in partnership with Parcl

    Property

    UK property hotspots revealed – see if postcodes have rocketed in value where you live

    Property

    UK property hotspots revealed – see how your area fares for price rises

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Precious Metal

    How customs affect gold prices

    Fintech

    Dubai Fintech Startup SuperStable Hits USD 45M in Payment Volume Within Six Months of Launch

    Fintech

    Monzo investor dissent overshadows UK fintech’s new Irish licence – The Irish Times

    Editors Picks

    Latvia declares agricultural emergency amid floods, crop damage

    August 5, 2025

    Gold-Trading Frenzy Erupts in China as Tensions With US Escalate

    April 14, 2025

    Kim Kardashian’s daughter North dresses as Japanese metal singer for Halloween after fake face tattoo controversy

    October 28, 2025

    INTERVIEW: FLEX Commodities Adds Walvis Bay Physical Supply Joint Venture

    November 27, 2025
    What's Hot

    China threatens a crushing trade blow to Australia – so much for Albo’s boast of fixing ties with Beijing: PETER VAN ONSELEN

    October 1, 2025

    Cryptocurrencies Dip After Report of US Probe of Tether – BNN Bloomberg

    October 25, 2024

    The Portuguese football players who invest the most in real estate — idealista/news

    July 16, 2024
    Our Picks

    What the Divergence Between T-Bond Yields and Commodity/Gold Ratio Tells Us

    July 24, 2024

    un début d’année solide pour les prix, mais les incertitudes subsistent

    May 5, 2025

    Yum ! Brands Announces Leadership Transition Plans David Gibbs To Retirement In 2026 (en anglais)

    March 31, 2025
    Weekly Top

    Gold Price: Why Global Central Bank ‘Hoarding’ Is Driving Prices Towards $4,900

    January 8, 2026

    Why is Global Fintech Investment Rising?

    January 8, 2026

    Brookfield Middle East boss: $15bn GCC portfolio growing through “contrarian” approach

    January 8, 2026
    Editor's Pick

    Sarveshwar Foods Bags Significant INR 329 million Export Order from Singapore’s Monarda Commodities Pte. Ltd – ThePrint – ANIPressReleases

    September 21, 2025

    Syngenta Celebrates 25 Years of Agricultural Innovation, Backed by More Than 250 Years of Company History

    November 6, 2025

    Copper, aluminum, nickel among raw materials caught in trade war turmoil

    April 7, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.