Office hours are 1PM to 5PM Mondays, 9AM to 1PM Tuesdays.
How Is Taxable Value Calculated?
CAPPED value is determined from the following formula:
LOSSES, in most cases, are equal to the assessed value of any new buildings, or portions there of, that were built in the previous year.
CPI is equal to the Consumer Price Index (the inflation rate) in the State of Michigan in the prior year. This figure is determined by the State Treasury Department.
Once the CAPPED value has been determined, the assessor compares it to the ASSESSED value. The TAXABLE value is the lesser of the two.
Principal Residence Exemption Affidavit
Principal Residence Exemption Affidavit (T-1056) is the most commonly used form. This form is to be used when there is not an existing exemption in place, such as a newly built home, or a home, which was recently purchased by a new owner. Download Form
Request to Rescind Principal Residence Exemption (T-1067) is used to rescind an exemption on a property that you no longer occupy as your principal residence. Download Form
Agricultural property is also exempt from the 18 mills of school operating tax. To be eligible, the property must have 50% of its land area devoted to an agricultural use. To receive the exemption, the owner must file the CLAIM FOR FARMLAND EXEMPTION FORM (T-1063).
Property Transfer Affidavit Download Form
The Land Division application is to be filed with the assessor. The application can be obtained by calling the office.
All forms are also available in the assessor’s office and need to be filed with the assessor..