Michigan Taxable Value as a Percent of State Equalized Value

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 2003 tax year, which marks the nineth 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.

Alcona Dickinson Lake Oceana
Alger Eaton Lapeer Ogemaw
Allegan Emmet Leelanau Ontonagon
Alpena Genesee Lenawee Osceola
Antrim Gladwin Livingston Oscoda
Arenac Gogebic Luce Otsego
Baraga Grand Traverse Mackinac Ottawa
Barry Gratiot Macomb Presque Isle
Bay Hillsdale Manistee Roscommon
Benzie Houghton Marquette Saginaw
Berrien Huron Mason St. Clair
Branch Ingham Mecosta St. Joseph
Calhoun Ionia Menominee Sanilac
Cass Iosco Midland Schoolcraft
Charlevoix Iron Missaukee Shiawassee
Cheboygan Isabella Monroe Tuscola
Chippewa Jackson Montcalm Van Buren
Clare Kalamazoo Montmorency Washtenaw
Clinton Kalkaska Muskegon Wayne
Crawford Kent Newaygo Wexford
Delta Keweenaw Oakland  
A dozen cities are located in 2 counties. To view the relationship of total TV to total SEV for these units, click here.