Michael Sibbersen, Wood County Auditor, announced the distribution of the year’s first half manufactured home tax.
In addition to the collected taxes, Wood County subdivisions will share in homestead and rollback reimbursements from the State of Ohio of approximately $163,000. This money together with an equal second half reimbursement will be distributed following the August manufactured home settlement. The Homestead Exemption is a benefit for those 65 years of age or older OR permanently disabled persons who own their home and reside there as their principal place of residence. The applicants Ohio adjusted gross income cannot exceed $31,000 for tax year 2014. Mr. Sibbersen urges those who think they might qualify to contact the Auditor’s office at (419) 354-1925 or from Northern Wood County 1-866-860-4140, extension 1925.
There are 3,863 registered manufactured homes generating a tax of $391,179.85.
That tax is disbursed to the political subdivisions as follows:
A change in Ohio law effective since January 1, 2000 gives existing manufactured home owners a choice of continuing to be taxed on a ten year depreciating value scale as personal property or, to be taxed “like” real estate using an appraised market value. The law further provided that all manufactured homes that change hands after that date must be taxed at the appraised method.