Tax Incentives
Your Franklin County Auditor’s Office has developed a new Tax Incentive Hub to serve as an accessible and comprehensive source of information about property tax incentives in Franklin County. The tax incentive data below as well as additional information can be viewed on the Tax Incentive Hub here: https://franklincountyauditor.com/taxincentives.
NOTE: This section of the website will be removed soon as part of the office’s effort to consolidate all tax incentive information into the Tax Incentive Hub. If you have questions or concerns, please contact Charity Crouse, Tax Incentive & Data Entry Supervisor, at [email protected] or 614-525-6257.
The Tax Incentive Division handles the administration of charitable exemptions and abatement programs. These programs are used as a tool to encourage development and growth and to also create and preserve employment. There are currently around 40,000 parcels within Franklin County that receive some form of tax incentive. Listed below are the various types.
Charitable Exemptions (ORC 5709). Examples include (but are not limited to) churches, hospitals, park districts, colleges or academies and can be full or partial exemptions. Exemption: How to Complete Your Application
Tax Increment Finance - TIF (ORC 5709.40) A TIF parcel pays full tax, however a portion of the tax collected is sent to the municipality to pay for public infrastructure improvements made within the TIF area.
- Franklin County TIF's and Foregone Tax (Excel)
Community Reinvestment Area - CRA (ORC 3735.65) - An incentive used to encourage new construction and job growth.
Enterprise Zone - EZ (ORC 5709.62) - An incentive used to encourage new construction and job growth.
Foregone Tax - Foregone tax are revenues which would otherwise be payable if an abatement was not active.
The Auditor's Office is not involved in the approval of abatement programs, but does manage the parcels and maintains the abatement status. In addition, the Auditor is by law the Chair of the Tax Incentive Review Council for each area of the county that has been granted abatements. For further information, please call 614-525-3226.
The Tax Incentive Division also administers the Current Agricultural Use Valuation (CAUV) program, which saves farmers tax dollars because farm land is assigned value based on soil type rather than standard real estate factors. The CAUV Application and CAUV Renewal Application deadline is the first Monday of March each year. For further information please call 614-525-6254.