No. Passed in 1976, the Ohio legislature enacted property reform known as House Bill 920. Its purpose was to keep inflation from increasing voted taxes. When property values increase due to inflation, a reappraisal, or an update, House Bill 920 goes into effect. The voted, or full millage, is lowered by the Ohio Department of Taxation resulting in a lower effective tax rate. The opposite is also true when property values decrease due to a reappraisal or an update. House Bill 920 again goes into effect. The voted, or full millage, is increased by the Ohio Department of Taxation resulting in a higher effective tax rate. The only increased revenue taxing districts receive from voted levies is from the added value of new construction.