Michigan Taxable Value as a Percent of State Equalized Value

The following is a series of tables by county providing ratios of taxable value to state equalized value by city and township. These table are a supplement to Memo 1058 The Growing Difference Between State Equalized Value and Taxable Value in Michigan. (Units are listed with all townships listed before the counties.)

Proposal A of 1994 superimposed upon the property assessment system already in place, a modified acquisition value method of determining taxable value. Instead of applying the tax rate to annual assessments of property at 50 percent of true cash value, commonly referred to as state equalized value, it is applied to taxable value, in which increases on individual parcels of property that were not acquired during the tax year are limited to the lesser of five percent or inflation. The values in these table are for the 2000 tax year, which marks the sixth year of operating under this system, providing an opportunity to examine the impact it has had on government finances and on providing relief to taxpayers.

All information is based on publications of the Michigan State Tax Commission. However, the CRC takes full responsibility for its presentation on this website. Any errors are the fault of the CRC.