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ASSESSING DEPARTMENT Cheryl Gillman Contact Information: 989-821-9313 Extension: 222 Monday - Friday 8:00 a.m. to 4:00 p.m.
Assistant: Joanne Kortge Extension 235 For Principal Residence questions Assessing Overview: Michigan Statutes require that all Real and Personal Property, subject to taxation, shall be assessed annually. Assessments are estimated at 50% of the properties' Market Value. However, property owners pay taxes based on the properties' Taxable Value. Taxable Value is the lesser of Assessed Value (SEV) or the prior years' taxable value minus losses, increased by the lesser of 5% of the Inflation Rate Multipliers, plus additions. A transfer of ownership will change the taxable value to the assessed value in the year following the transfer of ownership. (Click below - use the 'Back' option to return to this page.)
Petition to Board of Review - Form L4035 Principal Residence Exemption - Form L3045 Property Transfer Affidavits - Form L4260
Additional information can be found at www.michigan.gov/treasury
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