Property Tax’s Increase 4.4%

Many property owners recently received a notice of assessment which likely included an increase in their taxable value.  This amount, as allowed by State law, was raised by the rate of inflation by 4.4% this year.  In conjunction with this, many assessments in the region were declining. 

A bill was introduced in the last legislative session to stop the inflation factor when the assessment was decreased, and a similar bill was introduced into this session. 

This bill could limit the revenue the local governments receive to fund things like your fire, ambulance, library, senior services, schools, roads, Township, County, and other millages that support your community.

Should the law be changed?