Millage and Valuation

MILLAGE & VALUATION INFORMATION FOR FAIRFIELD TOWNSHIP

As of the end of 2023, the assessed value of the Township stands at $780,305,850.

As of that same time, the appraised value stands at  $2,239,445,285.71. 

One mill would currently generate $780,305,850.  To put this figure into perspective, in 2015 when the Safety Service Levy ran, a mill generated approximately $423,000.

To explain a mill - Property tax rate is measured in mills; a mill is one tenth of a cent and is used in expressing tax rates on a per-dollar basis. This translates to $1 for each $1,000 of assessed property value. For more information CLICK HERE to read an article about Millage in Ohio.