Understanding Franklin County’s 2026 Property Value Update
Throughout the year, my goal is to keep you informed on district finances and the things that affect school funding and local taxes. There are many questions about Franklin County’s 2026 Property Value Update. Here’s what you should know: For Bexley homeowners, a rise in property value doesn’t mean a rise in taxes, or that district funding rises by the same percentage. Ohio law limits revenue growth from existing levies when values go up, often lowering tax rates to offset it. For Bexley, that means this update isn’t expected to meaningfully increase district revenue, though individual tax bills can still shift based on a home’s value change, new levies, and other factors. The state’s new House Bill 335 further limits tax or revenue increases for Bexley Schools, even though taxpayers in other school districts, those that are only
at the bare minimum level of funding, may see tax increases due to property value increases.
We are committed to responsible financial planning and will continue to monitor the 2026 property value update. We will communicate what it means for the district.
Kyle Smith Treasurer/CFO Bexley City Schools
Know Your Home Value Scan the QR code to review tentative 2026 property values, use the tax estimator, and learn more about the update process.
Bexley Schools Recognized for Financial Reporting and Transparency
Treasurer/CFO Kyle Smith and the Bexley City Schools finance team have once again earned statewide recognition for financial reporting and transparency. The district received the Auditor of State Award for a clean audit, an honor earned by only 10% of Ohio public entities, and has now received this recognition seven times since 2015, including each of the past six years. Bexley also earned the Auditor’s Four- Star “Highest Achievement” designation for public records compliance for the third consecutive year, reflecting the district’s ongoing commitment to transparency and responsible stewardship of taxpayer resources.
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