CLEVELAND, Ohio – Property tax levies being placed on the November ballot will be the first to be governed by Ohio's new tax laws, but the impact depends on the nature of each levy proposal.

Here's a breakdown, based on information provided Wednesday by the Ohio Department of Taxation:

Renewal levies

New taxes

Replacement taxes

The impact of how replacement taxes are being treated is that a homeowner would be better off if a local government, such as a school district, would instead ask for a renewal (preserving the state share for the existing portion) and a separate new tax at the same time for the additional.

Some homeowners may never have been aware of the 12.5 percent share under the old law. That amount was deducted from bills automatically, leaving the balance for the homeowner.

Under the change, signed into law in June by Gov. John Kasich, a new 5-mill levy would cost a homeowner $175 per $100,000 of home value, rather than $153 under the old system.

The change was made as the state also increased the sales tax and reduced the income tax.