Tax Information

The tax picture of the City of St. Marys and Auglaize County is bright. 

The St. Marys school District has invested in new school facilities the last fifteen years to keep up with the needs of the education of our youth in St. Marys.

The City of St. Marys operates full-time Police and Fire Departments plus other normal city requirements on a tax rate which is equal to, or below the state average for cities of its size.

Any industry locating in St. Marys will not be faced with a sudden tax increase due to inflation and a desire by the community to improve; the community has invested in facilities that keep the tax rate very competitive.

Methods of Assessing

REAL ESTATE

Each County Auditor assesses all the real estate situated in the county at its taxable value as determined in accordance with rules and methods promulgated and adopted by the Oho Board of Tax appeals.  Each county is the unit for assessing real property for taxation and the County Auditor is the assessor of all real property in his county. The tax rates applied to real property vary throughout the state since such rates represent the aggregate legal levies imposed in each taxing district.  Counties must reappraise all real estate at least once every six (6) years.  Equalization adjustments are made in the third year following reappraisal.

Method of assessing Auglaize County – 35% of appraised values.

H.B. 66 phased out the Personal Property Tax. 2008 was the last year it was collected. 
 

State Tax Reform

REDUCE OPERATING COSTS WITH THE LOWEST TAXES IN THE MIDWEST

Making a commitment to eliminate a burdensome tax system, in 2005 Ohio implemented full-scale, sweeping tax reform. Ohio's new business tax model means a reduction in tax burden of up to 63% by 2010, the first year the reforms are fully implemented.

Ohio's new taxation system means businesses can:

• Reduce operating costs - No tax on inventory or corporate income
• Enhance productivity - No tax on investments in machinery and equipment
• Attract talent - Shrink labor costs through a 21% reduction in personal income tax
• Enjoy a level playing field - All companies taxed at the same low rate
• Boost return on investment - No tax on product sold to customers outside Ohio
• Reward entrepreneurship - First $1 million in gross receipts are tax-free

With these reforms, Ohio and communities like St. Marys will become even more competitive. Ohio's favorable business climate and high quality of living, combined with low business and personal costs, make us an increasingly viable location for business growth.

State Tax Rates

Ohio is executing tax reform that is substantially lowering the cost of doing business.

STATE TAXES

Corporate Income Tax - None

Gross Receipts Tax - The Commercial Activities Tax (CAT) is 0.26% on sales within the State of Ohio. Sales outside of Ohio are exempt. The first $1 million in eligible sales are exempt from the CAT. This tax is being phased in through 2010 to replace the Corporate Franchise Tax.

Personal Income Tax - Nine bracket system with a bottom bracket of .0587% for income under $5,000 and a top bracket of 5.925% for income over $250,000. This reflects a 21% reduction through 2009.

Sales and Use Tax - 5.75% on taxable purchases

Sales and Use Tax on Production Machinery & Equipment - Exempt

Local Taxes

St. Marys and Auglaize County, Ohio have some of the lowest tax rates in the Midwest. They help our local businesses reduce their operating cost and increase profitability.

Total tax rates for business operations in the City of St. Marys, Ohio

Sales and Use Tax - 7.25% (state and county)
Income Tax - 1.5% (city and school district)
Real Estate Tax - $59.46 per $1000 of tax value with 35% assessment (city, county, school & township)
Personal Property - phased out in 2009