Results 61 to 70 of 502

Your Property Tax Bill Explained

… Assessment Ratio x Total Millage Rate. Each of these factors … property tax bill as the millage rate. Market value, called … assessment or SEV of $50,000. A millage rate of 57 (about the current … .50 x 57/1000 = $2,850.00. Millage Rates A mill is a rate of … In the equation above, a millage rate of 57 mills is expressed …

School District Imposes Taxation Without Representation

… agreed to a merger. Taxpayers in Oceana will now have to pay the higher millage rate assessed in Mason-Lake. According to the Oceana County treasurer, the higher millage will cost Oceana County property owners an extra $1.02 million a year, …

Macomb County City Deletes Former Official's Criticism from Website

'It's just a shame' city won't present the full picture on tax hike

… misleading voters about an August millage, which is promoted as a public … deceive citizens about the millage, and that the higher tax will … what’s going on with this millage. It’s just a shame,” Stahl … residents to vote yes on the millage while not using the words … lecture she gave about the millage proposal. She said the video …

IV. Downriver's Property Tax Burden

… Downriver area, where the millage rate average is more than … Troy. In 1987, the average millage rate for the 17 Downriver … Downriver community has a millage rate lower than the statewide … townships also exceed the average millage rate in their category. The Melvindale millage rate (85.05 mills) actually …

Calculation of an Individual Tax Bill

… Tax Due = Taxable Value x Millage Rate = $50,000 x 0.018 = $900 … for city debt, while other millage rates are used to calculate … the authorized property tax millage must be reduced to a level … so this reduction in the millage rate is often referred to … increase the local operating millage beyond the maximum amount …

644 Michigan Communities Levy Local Road Taxes

That’s at least $151.5 million annually on top of state road taxes

… voter-approved local road millage that took effect in 2017. … that levy a dedicated road millage. The Mackinac Center for Public … collected by 570 of those millages by looking at local government … The largest annual road millage levied by a local unit of … the city of Warren. A road millage in the city of Southfield …

Commentary: What's the Deal With K-zoo Transit Tax Bills?

… that impose two separate millage levies, when 59 of their GOP … allow for a differentiated millage - meaning one millage with different rates for various … line haul service at one millage rate, and one comprised of … response service) at another millage rate, but both under a single, …

Revenue Projections

… would roll back the average millage rate by a significant amount … require a reduction in average millage rate, as its special 1993 … However, the creation of split millage rates, and the possibility … promise any direct reduction in millage rates or the assessment ratio. … rollback factors to determine millage rates under both current law …

Distributional Effects of Cut and Cap

… districts which levy high school millage rates. As shown previously … cities typically have high millage rates, and would receive heavy … amounts on schools, with high millage rates and property values … values and close-to-average millage rates. Given the economic … but also tend to have lower millage rates. A third redistributive …

Washtenaw to ask for two mills

… according to a report in The Dexter Leader. The "regional enhancement millage" would continue for five years, with all tax dollars distributed to the … Under Michigan law, an intermediate district must put an enhancement millage on the ballot if it receives identical requests from school districts representing …