No. Voted revenue does not increase as property values increase. The Ohio Legislature stopped increases in voted tax revenue due to increased valuation of property in October 1976. As a result, taxing jurisdictions, which includes counties, townships, municipal corporations, school districts, joint vocational school districts and special service districts such as fire districts are locked into income from the tax valuations in place at the time a levy is passed. Taxing jurisdictions do not benefit by increased property valuations due to inflation unless another levy is passed.