Property Tax Rebate

Provided / Hamilton County

Hamilton County Commissioners have approved a slight increase in the property tax rebate (PTR) for next year, but they still aren't funding it in full.  

For every $100,000 worth of property value, Hamilton County homeowners will get about $46 back on their tax bills next year.

Hamilton County Commissioners plan to vote Wednesday on the size of the property tax rebate homeowners will receive next year.

The PTR was promised to taxpayers when the sales tax was increased to fund the new Reds and Bengals stadiums.

Commissioner Greg Hartmann is floating a plan that would fund the PTR at $12 million.

"This year the property tax rebate was $10 million distributed to people that own property in Hamilton County," says Hartmann. "Next year it will be $12 million, which will be divvied up. It's about $42 per $100,000 of (property) value."