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Overview
| 2009 Assessment Info
Board of Review |
City Statistics &
Tax Rates
Glossary | Important Dates
Property Data and Taxes | Property
Tax Relief
Renaissance Zones & Maps
Overview
Michigan law
requires the Assessor to annually value all taxable property at
50% of market value. Taxable properties include farms, homes,
factories, commercial properties, and vacant land. It also
includes personal property for commercial and industrial
businesses.
The Assessing
division also keeps records on ownership, addresses, homestead
exemptions, sales, and land and building details for about
25,000 properties located within the city.
The city, schools,
county, library, community college, and state use the annual
values to generate revenue. This is in the form of property
taxes. It is the fairest way available to them for collecting
the money they need to finance their services.
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