Homestead Exemptions - Manufactured Homes - §4503.064
The Auditor notifies all current holders of these
programs so the required annual filings are made. In the case of Forest Lands and CAUV,
the Auditor must also track the parcels involved and assess a recoupment charge on those
parcels that withdraw from the program. The Auditor needs to calculate this charge based
on the taxes saved as a result of the Program. For CAUV, the Auditor must also maintain
the soil types and topography, and crops grown.
The Homestead Exemptions are based on the applicant’s net income. The Auditor must
determine if the income reported is correct under the rules governing this program. If it
is, then the Auditor calculates the value dollar amount exemption that is allowed at that
income level.
