Form DTE140R-W1 "140r Worksheet for Additional, Replacement, Replacement With an Increase and Replacement With a Decrease Levies and 1/2-mill Classroom Facility Levy" - Ohio

What Is Form DTE140R-W1?

This is a legal form that was released by the Ohio Department of Taxation - a government authority operating within Ohio. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on August 1, 2008;
  • The latest edition provided by the Ohio Department of Taxation;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form DTE140R-W1 by clicking the link below or browse more documents and templates provided by the Ohio Department of Taxation.

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Download Form DTE140R-W1 "140r Worksheet for Additional, Replacement, Replacement With an Increase and Replacement With a Decrease Levies and 1/2-mill Classroom Facility Levy" - Ohio

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Worksheet to Calculate Revenue for Form DTE 140R
DTE 140R-W1
Rev. 8/08
When a Taxing Authority Certifies a Rate and Requests the
O.R.C. §5705.03(B)
Revenue Produced by That Rate for Additional, Replacement,
Replacement With an Increase, and Replacement With a Decrease Levies
and for the ½-mill Classroom Facility Levy
Calculation of Revenue
1. Tax valuation on the tax list most recently certified for collection
1a. Class I Real – Res/Ag
$
1b. Class II Real – Other
$
1c. Public Utility Personal
$
1d. General Personal
$
2. Total Valuation
$
3. Millage Rate
.
4. Projected Revenue from Tax Collections
$
5. Personal Property Phase-out Reimbursement Payment
$
6. Total Revenue
$
Instructions
Line 1a. Enter tax valuation of all Class I real property (residential and agricultural property) as indicated on the
tax list most recently certified for collection.
Line 1b. Enter tax valuation of all Class II real property (all other real property) as indicated on the tax list most
recently certified for collection.
Line 1c. Enter the estimated valuation of public utility personal property for the first tax year the levy will be
assessed against public utility personal property. To determine the public utility valuation, please refer to the
values in the appropriate spreadsheet available at:
www.tax.ohio.gov/channels/government/services_for_local_govts.stm
Note: Public utility personal property taxes are assessed at the same time as real property taxes, except,
beginning in 2007, telecommunications property. The public utility values in the spreadsheets reflect the shift of
telecommunications property to general business property.
Line 1d. Using the estimated values published on the Department of Taxation’s Web site at the address provided
above, enter the estimated general personal property value for the first general personal property tax year the levy
will be collected. (Note: If the first year for which the levy will be assessed against real property is tax year 2008,
then the first tax year that levy will be assessed against personal property will be 2009.) Since telecommunications
companies are the only general businesses that are still liable for the personal property tax, and then only for tax
years 2009 and 2010, only the estimated value of the telecommunications property should be entered on this
line. No entries should be made on this line for levies that will first be effective for real property for tax year 2010
or thereafter.
Line 2. Add lines 1a through 1d and place total here.
Line 3. Enter the tax rate in mills certified to the county auditor by the subdivision.
Reset Form
Worksheet to Calculate Revenue for Form DTE 140R
DTE 140R-W1
Rev. 8/08
When a Taxing Authority Certifies a Rate and Requests the
O.R.C. §5705.03(B)
Revenue Produced by That Rate for Additional, Replacement,
Replacement With an Increase, and Replacement With a Decrease Levies
and for the ½-mill Classroom Facility Levy
Calculation of Revenue
1. Tax valuation on the tax list most recently certified for collection
1a. Class I Real – Res/Ag
$
1b. Class II Real – Other
$
1c. Public Utility Personal
$
1d. General Personal
$
2. Total Valuation
$
3. Millage Rate
.
4. Projected Revenue from Tax Collections
$
5. Personal Property Phase-out Reimbursement Payment
$
6. Total Revenue
$
Instructions
Line 1a. Enter tax valuation of all Class I real property (residential and agricultural property) as indicated on the
tax list most recently certified for collection.
Line 1b. Enter tax valuation of all Class II real property (all other real property) as indicated on the tax list most
recently certified for collection.
Line 1c. Enter the estimated valuation of public utility personal property for the first tax year the levy will be
assessed against public utility personal property. To determine the public utility valuation, please refer to the
values in the appropriate spreadsheet available at:
www.tax.ohio.gov/channels/government/services_for_local_govts.stm
Note: Public utility personal property taxes are assessed at the same time as real property taxes, except,
beginning in 2007, telecommunications property. The public utility values in the spreadsheets reflect the shift of
telecommunications property to general business property.
Line 1d. Using the estimated values published on the Department of Taxation’s Web site at the address provided
above, enter the estimated general personal property value for the first general personal property tax year the levy
will be collected. (Note: If the first year for which the levy will be assessed against real property is tax year 2008,
then the first tax year that levy will be assessed against personal property will be 2009.) Since telecommunications
companies are the only general businesses that are still liable for the personal property tax, and then only for tax
years 2009 and 2010, only the estimated value of the telecommunications property should be entered on this
line. No entries should be made on this line for levies that will first be effective for real property for tax year 2010
or thereafter.
Line 2. Add lines 1a through 1d and place total here.
Line 3. Enter the tax rate in mills certified to the county auditor by the subdivision.
DTE 140R-W1
Rev. 8/08
O.R.C. §5705.03(B)
Page 2
Line 4. Multiply line 2 times line 3 and divide by 1,000 to get tax revenue in dollars.
Line 5. Enter the amount of the reimbursement payment (if any) the subdivision will receive for qualifi ed replacement
levies for the first general personal property tax year the proposed levy will be or would be in effect. (Note: If the
first year the proposed levy will be assessed against real property is tax year 2008, then the first year that levy
will be assessed against personal property will be 2009.)
For tax years 2007-2010, reimbursement amounts for qualifying levies are posted on the Department of Taxation’s
Web site. Full reimbursement payments will be made for these levies for these years even if the levy is replaced
with a decrease. For tax years 2011-2017, potential reimbursement amounts will be posted as those tax years are
imminent, but reimbursement payments for replacements of qualified levies for those tax years will only be made
to the extent the original qualifying levy is replaced. Therefore, if a qualifying levy is replaced with a decrease,
the replaced levy will only receive its proportionate share of the potential reimbursement payment, and only that
proportionate share should be entered on line 5.
Line 6. Add lines 4 and 5 to get total revenue in dollars and enter the amount. Place this amount on the line
provided in Item 2 on form DTE 140R.
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