Shaker Has Second-Highest Property Tax Rate in Ohio
Here are the numbers that make up your property tax bill this year
Shaker Heights property taxes will rise by more than 4 mills this year, making the community the second-highest rate in the state, according to data provided by The Plain Dealer and Cleveland.com.
Homeowners will pay $3,797 for every $100,000 in home value this year, up from $3,628 last year, according to the database.
Overall millage stands at 123.98 this year, compared to 118.48 in 2012.
Shaker's rate was second in Ohio behind a location right around the corner — the Shaker Square portion of Cleveland in the Shaker Heights School District. Despite the high ranking, the Shaker school board in October approved a five-year financial forecast that, in part, assumed that voters would approve a 9.9-mill levy in 2014. In 2012, Shaker had the highest property taxes among 77 Cleveland-area suburbs, according to Cleveland Magazine.
At 91.8 mills, Shaker schools, by far gets the largest share of property taxes in the city, costing $2,811 per $100,000 valuation.
The county gets the next-highest amount, or $405. The city collects 9.9 mills, which translates to $303 per $100,000.
For a more detailed look at Shaker's tax situation, click here to see the Cleveland.com database.