The primary function of Property Assessing: 

This office takes various factors to establish the true cash (fair market) value of real and personal property, including:

  • Description of the property and its improvements
  • Lot dimensions
  • Age of home and/or other buildings
  • Land value
  • Building square footage
  • Value-enhancing amenities

The assessed value (S.E.V.) is half the true cash value.  The taxable value and the milleage rates are used to determine the amount of taxes on the property.

 

Notice: If you are concerned or curious about the 4.4% increase in taxable value, please read over the information on the State of Michigan Website:

Michigan Treasury
Michigan Taxes