Proposal A
The passage of Proposal A in March of 1994 drastically changed the
property assessment and taxation system. Some of the charges may be
difficult to understand. Questions about the Proposal A may be
answered by reviewing the following pamphlet:
Understanding
Proposal A in a Declining Market (2009 Edition)
Questions about the Assessment Cap may be answered by reviewing the
following pamphlet:
The Assessment Cap
and What It Means To You
Principal Residence Exemption (Formerly known as Homestead
Exemption)
Formerly known as the Homestead Exemption, Principal Residence
Exemption allows a homeowner to claim an exemption from school
operating tax of almost 18 mills on the primary residence that they
own and occupy.
General Information
To claim an exemption, you must complete the
Principal Residence
Exemption Affidavit form and file it with your township or
city assessor by May 1st. of the year of the claim. Note that this
is an exemption from part of the taxes and does not affect your
assessment.
Owner
The term owner means you hold the legal title to the principle
residence or that you are currently buying it on a notarized or
recorded land contract. Renters may not file this form.
Occupy
The term occupy means this is your principle residence. It is the
address that appears on your Driver’s License, & Voters Registration
Card. You may have only one Principal Residence at a time. Vacation
homes and income property which you do not occupy as your principle
residence may not be claimed.
Affidavits
Affidavit forms can be obtained by contacting the local assessor’s
office or by visiting the
State of Michigan Website.
Property Tax Estimator
You can now access estimates on property taxes by local unit and
school district, using current millage rates.
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