2016 Mackinac County Equalization Report

Transcription

1 216 Mackinac County Equalization Report Approved by the Mackinac County Board of Commissioners April 14, 216 Revised June 3, 216 to report final Taxable Values

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3 CONTENTS Letter of Transmittal Section 1: Preparation of the County Tax Base Brief Overview: establish the tax base Equalization Department Staff Supervisors and Assessors by unit State Tax Commission Property Tax and Equalization Calendar Section 2: Ad Valorem Totals and Analysis Thinking about the Numbers 216 Distribution of Mackinac County Real Property Assessed, Tentative Equalized and Tentative Taxable Values 216 Distribution of Mackinac County Personal Property Assessed, Tentative Equalized and Tentative Taxable Values Township/City Comparison of 216 s Variation between SEV and Taxable Values since Year History of Assessed, Equalized and Taxable Values 216 Assessed, Equalized and Taxable Values by Government Unit Section 3: By Governmental Unit as Reported by Assessors L-422 Report of Assessment Roll Changes and Classification L-423 Summary Analysis for Equalized Valuation

4 Brief overview: establishing the tax base The Equalization Department is the second level in the preparation of assessment rolls for property taxation. The first level begins the process with local unit assessors creating an assessment roll which is reviewed by the March Board of Review. After review and acceptance by the March Board of Review, the assessment rolls are submitted to the county equalization departments. The Equalization Department works on behalf of the County Board of Commissioners. The Equalization Department assists the Board of Commissioners to establish uniform and fair assessments in the county as the second step to establishing the tax base. The county equalized assessments are reviewed and accepted by the County Board of Commissioners. Finally, the county assessment data is submitted to the State Tax Commission for state wide equalization and review. Article 9, Section 3 of the Michigan Constitution of 1963, as amended, established five requirements regarding assessments and taxes: The uniform general ad valorem taxation of real and personal property The determination of true cash value of real and personal property The uniform assessment of real and personal property is not to exceed 5% of true cash value The establishment of a system to equalize assessments The determination of taxable value of each property parcel. Property Classifications: The classification of real and personal property is completed strictly for the equalization process. Although classification reflects property use, classification does not impact the use of the property. There are six real and five personal property classifications: Real Property Personal Property 11 Agricultural 15 Agricultural 21 Commercial 25 Commercial 31 Industrial 35 Industrial 41 Residential 45 Residential 51 Timber cutover 55 Utility 61 Developmental Adjusting assessed values: Properties physically change and values change. Annual adjustments are required to true cash value and assessed values to reflect changes in physical characteristics and in market conditions. Three types of adjustment are used by the assessor for assessed values; two are required due to the legislation created by the Headlee Amendment in New: adjusts for value that is coming on to the assessment roll for the first time Loss: adjusts for value that is removed from the assessment roll. Adjustments: reflect positive or negative changes in value required to maintain the assessed value at 5% according to state law. The categories of Headlee additions and Headlee losses are not used in the equalization process. Mackinac County Equalization Department April 14, 216

5 216 MACKINAC COUNTY EQUALIZATION DEPARTMENT PAMELA CHIPMAN ANDERSEN, INTERIM DIRECTOR, MAAO PAMELA CHIPMAN ANDERSEN, SENIOR APPRAISER, MAAO EXAMINER BECKY PAUL, ASSESSMENT DATA COORDINATOR, MCAO SHERRY DEWITT, CLERK/MAPPING SPECIALIST, MCAT

6 MACKINAC COUNTY TOWNSHIP CITY OFFICIALS 216 SUPERVISOR ASSESSOR SUPERVISOR ASSESSOR BB : BOIS BLANC TOWNSHIP PO : PORTAGE TOWNSHIP BRENT P SHARPE, SUPERVISOR JOAN SCHROKA, ASSR TOM HOOGTERP, SUPERVISOR PAULA FILLMAN, ASSR P. O. BOX 898 P. O. BOX 898 W1538 SANDTOWN RD PO BOX 7 POINTE AUX PINS, MI PTE AUX PINS, MI CURTIS, MI 4982 CURTIS, MI OFFICE #5 bbischroka@yahoo.com fax: portageassessor@att.net BR : BREVORT TOWNSHIP ST : ST.IGNACE TOWNSHIP ED SERWACH, SUPERVISOR SHERRY BURD, ASSR DALE E NELSON, SUPERVISOR DALE E NELSON, ASSR P. O. BOX S LAKESIDE RD 3119 INGALSBE RD wkfx6386 MORAN, MI CEDARVILLE, MI ST.IGNACE, MI FAX: TEL: (269) (96) HOME sherryburd@aol.com CL : CLARK TOWNSHIP MI : CITY OF MACKINAC ISLAND GARY REID, SUPERVISOR SHERRY BURD, ASSR CITY OFFICE JOSEPH STAKOE, ASSR. P. O. BOX 367 P. O. BOX MARKET STREET NORTHERN APPRAISALS CEDARVILLE, MI N. BLINDLINE RD. PO BOX E LAKE ST STE #29 office CEDARVILLE, MI MACKINAC ISLAND, MI PETOSKEY, MI 4977 fax OFFICE: (231) (PETOSKEY) FAX: (231) FAX assessor@clarktwp.org (231) CELL jstakoe@nappraisal.net GR : GARFIELD TOWNSHIP SC : CITY OF ST IGNACE DONALD BUTKOVITCH, SUPERVISOR JANET MAKI, ASSR CITY MANAGER CHRISTINA DEEREN, ASSR. PO BOX CO RD N STATE ST 396 N. STATE STREET ENGADINE, MI BERRY, MI ST IGNACE, MI ST.IGNACE, MI (HOME) main TX (96) OFFICE jmakipenttwp@gmail.com fax (96) (FAX) siassessor@lighthouse.net HE : HENDRICKS TOWNSHIP RONALD FRAZIER, SUPERVISOR NICHOLAS NELSON, ASSR INGALSBE RD. ST IGNACE, MI EQUALIZATION DEPARTMENT PAM CHIPMAN ANDERSEN, MAAO, PPE,SRA HU : HUDSON TOWNSHIP INTERIM DIRECTOR 1 S. Marley, Rm 115 ALLYN GARAVAGLIA, SUPERVISOR SUZANNE NELSON, ASSR St. Ignace, MI W783 HIAWATHA TRAIL 7961 Hurd Rd. PO BOX tx NAUBINWAY, MI Naubinway, MI fax (96) PAM CHIPMAN ANDERSEN, MAAO, PPE, SRA SENIOR APPRAISER, EXAMINER MA : MARQUETTE TOWNSHIP equalize@mackinaccounty.net JOHN KRONEMEYER, SUPERVISOR NICHOLAS NELSON, ASSR BECKY PAUL, MCAO 765 TAYLOR RD 3119 INGALSBE RD ASSESSMENT DATA COORDINATOR PICKFORD, MI ST IGNACE, MI equal49@live.com (96) HOME (96) HM (96) SHERRY DEWITT, MCAT MAPPING SPECIALIST MO : MORAN TOWNSHIP equalclerk2@live.com PATRICK J. DURM, SUPERVISOR ASSESSOR MORAN TWP. HALL STREET ADDRESS (96) OFFICE P. O. BOX 364 W1362 US #2 ST. IGNACE, MI (96) OFFICE (96) FAX NE : TON TOWNSHIP FRED BURTON, SUPERVISOR THOMAS W. KITZMAN N661 H S. County Rd. 442 GOULD CITY, MI Cooks, MI (96) cell (96) home assessortrk@centurylink.net

7 512 (Rev. 4-15) RICK SNYDER GOVERNOR STATE OF MICHIGAN DEPARTMENT OF TREASURY LANSING NICK A. KHOURI STATE TREASURER TO: FROM: Equalization Directors and Assessors The State Tax Commission Bulletin No. 12 of 215 Annual Calendar October 12, 215 SUBJECT: Property Tax and Equalization Calendar for 216 STATE TAX COMMISSION 216 PROPERTY TAX, COLLECTIONS AND EQUALIZATION CALENDAR By the 1 st day of each month By the 15 th day of each month December 1, 215 County Treasurer must account for and deliver to the State the State Education Tax collections on hand on or before the fifteenth day of the immediately preceding month. MCL (1) County Treasurer must account for and deliver to the State the State Education Tax collections on hand on the last day of the preceding month. MCL (1) Results of equalization studies should be reported to assessors of each Township and City. December 31, 215 Tax day for 216 assessments and 216 property taxes. MCL Deadline for an owner that had claimed a conditional rescission of a Principal Residence Exemption to verify with the assessor that the property still meets the requirements for the conditional rescission through a second and third year annual verification of a Conditional Rescission of Principal Residence Exemption (PRE) (form 464). MCL 211.7cc(5) P.O. BOX 3471 LANSING, MICHIGAN

8 Page 2 January 4, 216 December 31, 215 is a State Holiday, January 1, 216 is a State Holiday January 2, 216 is a Saturday January 3, 216 is a Sunday January 9, 216 January 1 is a Saturday January 22, 216 Deadline for counties to file 215 equalization studies for 216 starting bases with State Tax Commission (STC) for all classifications in all units on STC form L-418. [R 29.41(5)] Except as otherwise provided in section 9m, 9n, or 9o, Assessors and/or Supervisors are required to annually send a personal property statement to any taxpayer they believe has personal property in their possession in their local unit. Form Personal Property Statements must be sent or delivered no later than January 1 each year. Local units with an SEV of $15,, or Less: 215 taxes collected by January 1 must be distributed within 1 business days of January 1. MCL (5) All other local units: Must distribute 215 taxes collected within 1 business days after the 1st and 15th of each month except in March. MCL (3)(a) February 1, 216 Deadline for a qualified business to submit STC form L-4143 for qualified personal property with the assessor (not later than February 1). MCL 211.8a(2) Notice by certified mail to all properties that are delinquent on their 214 property taxes (not later than February 1). MCL f(1) Property Services Division staff reports to the State Tax Commission on the progress and quality of equalization studies for each county on preliminary forms L-43, L-431, L-432. February 1, 216 February 12, 216 Feb. 13 is a Saturday Feb. 14 is a Sunday Feb. 15 is a State Holiday Deadline to file the affidavit to claim the exemption for Eligible Personal Property Form 576. See STC Bulletin 11 of 213 for more information. MCL 211.9o(2) Deadline for county equalization director to publish in a newspaper the tentative equalization ratios and estimated SEV multipliers for 216. MCL a(1) (on or before the third Monday in February)

9 Page 3 February 16, 216 Feb. 14 is a Sunday Feb. 15 is a State Holiday Deadline for paying property taxes without the imposition of a late penalty charge equal to 3% percent of the tax in addition to the property tax administration fee, if any. MCL (3) A local unit of government that collects a summer property tax shall defer the collection until this date for property which qualifies. MCL (3) STC reports assessed valuations for DNR lands to assessors. MCL (2) The governing body may waive the penalty for the homestead property of a senior citizen, paraplegic, quadriplegic, hemiplegic, eligible service person, eligible veteran, eligible widow or widower, totally and permanently disabled or blind persons, if that person has filed a claim for a homestead property tax credit with the State Treasurer before February 15. Also applies to a person whose property is subject to a farmland/development rights agreement if they present a copy of the development rights agreement or verification that the property is subject to the development rights agreement before February 15. If statements are not mailed by December 31, the local unit may not impose the 3% late penalty charge. February 22, 216 Feb. 2 is a Saturday Feb. 21 is a Sunday Deadline for taxpayer filing of personal property statement with assessor. Form 5278 must be filed not later than February 2 for each personal property parcel for which the Eligible Manufacturing Personal Property exemption is being claimed. Deadline for taxpayer to file form 3711 if a claim of exemption is being made for heavy earth moving equipment. STC Bulletin 4 of 21; MCL (1) February 29, 216 The STC shall publish the inflation rate multiplier before March 1. MCL d(15) Last day for local treasurers to collect 215 property taxes. MCL a. March 1, 216 Properties with delinquent 215 taxes, forfeit to the County Treasurer. MCL g(1). County Treasurer adds $175 fee per MCL g(1), as well as all recording fees and all fees for service of process or notice. MCL g(3)(d) 215 tax-delinquent redemptions require additional interest at noncompounded rate of ½% per month from March 1 forfeiture. MCL g(3)(b)

10 Page 4 March 1, 216 Cont. County Treasurer commences settlement with local unit treasurers. MCL County Property Tax Administration Fee of 4% added to unpaid 215 taxes and interest at 1% per month. MCL a(3) \ Local units to turn over 215 delinquent taxes to the County Treasurer. MCL a(2). On March 1 in each year, taxes levied in the immediately preceding year that remain unpaid shall be returned as delinquent for collection. However, if the last day in a year that taxes are due and payable before being returned as delinquent is on a Saturday, Sunday, or legal holiday, the last day taxes are due and payable before being returned as delinquent is on the next business day and taxes levied in the immediately preceding year that remain unpaid shall be returned as delinquent on the immediately succeeding business day March 7, 216 March 8, 216 The 216 assessment roll shall be completed and certified by the assessor. MCL (on or before the first Monday in March). The assessor/supervisor shall submit the 216 certified assessment roll to the Board of Review (BOR). MCL (1) (Tuesday after first Monday in March) Organizational meeting of Township Board of Review. MCL City BOR may vary according to Charter provisions. March 14, 216 The BOR must meet on the second Monday in March. This meeting must start not earlier than 9 a.m. and not later than 3 p.m. The BOR must meet one additional day during this week and shall hold at least 3 hours of its required sessions during the week of the second Monday in March after 6 p.m. MCL Note: The governing body of a city or township may authorize an alternative starting date for the second meeting of the March Board of Review, which can be either the Tuesday or the Wednesday following the second Monday in March. MCL211.3(2) Within ten business days after the last day of February, at least 9% of the total tax collections on hand, must be delivered by the local unit treasurer to the county and school district treasurers. MCL (3)(b) March 31, 216 School District or ISD must reach agreement for summer tax collection with township or city, or county if there is a summer school levy. MCL (2) Not later than April 1, local unit treasurers make final adjustment and delivery of the total amount of tax collections on hand. MCL (3)(c)

11 Page 5 March 31, 216 cont. Separate tax limitations voted after April 1 of any year are not effective until the subsequent year. MCL i(2) Last day to pay all forfeited 213 delinquent property taxes, interest, penalties and fees, unless an extension has been granted by the circuit court. If unpaid, title to properties foreclosed for 213 real property taxes vests solely in the foreclosing governmental unit. MCL k April 1, 216 April 4, 216 April 6, 216 Assessors are required to annually provide a copy of Form 5278 and Form 5277 (rescission affidavit) and other parcel information required by the Department of Treasury in a form and manner required by the Department of Treasury no later than April 1 of each year. (MCL 211.9m and 9n) On or before the first Monday in April, the BOR must complete their review of protests of assessed value, taxable value, property classification or denial by assessor of continuation of qualified agricultural property exemption. MCL 211.3a The township supervisor or assessor shall deliver the completed assessment roll, with BOR certification, to the county equalization director not later than the tenth day after adjournment of the BOR or the Wednesday following the first Monday in April, whichever date occurs first. MCL 211.3(7) An assessor shall file STC form L-421 with the County Equalization Department, and STC form L-422 (signed by the assessor) with the County Equalization Department and the STC, immediately following adjournment of the board of review. (STC Administrative Rule: R 29.26(6a), (6b). The form L-422 must be signed by the assessor of record. Form 4626 Assessing Officers Report of Taxable Values as of State Equalization due to the County. April 12, 216 County Board of Commissioners meets in equalization session. MCL 29.5(1) and (1) The equalization director files a tabular statement of the county equalization adopted by the County Board of Commissioners on Form L- 424 prescribed and furnished by the STC, immediately after adoption. County equalization shall be completed and official report (Form L- 424) filed with STC prior to May 2, 216. (first Monday in May) MCL 29.5(2)

12 Page 6 April 12, 216 Cont. April 18, 216 The Property Services Division staff makes a final report to the State Tax Commission on Forms L-43, L-431, L-432 after the adoption of the 215 equalization report by the County Board of Commissioners and prior to Preliminary State Equalization. Equalization director files separate Form L-423 for each unit in the county with the STC no later than the third Monday in April. STC Rule 29.41(6); MCL (4) Allocation Board meets and receives budgets. MCL April 18, 216 cont. April 29, 216 April 3 is a Saturday May 1 is a Sunday May 2, 216 May 1 is a Sunday Equalization Director submits separate Form 4626 for each unit in the county with the STC no later than the third Monday in April. Final day for completion of delinquent tax rolls. MCL (1) Deadline for filing a Principle Residence Exemption (PRE) Active Duty Military Affidavit to allow military personnel to retain a PRE for up to three years if they rent or lease their principle residence while away on active duty. MCL 211.7dd Last day of deferral period for winter (December 1) property tax levies, if the deferral for qualified taxpayers was authorized by the County Board of Commissioners. MCL (3) Deadline for filing the Farmland Exemption Affidavit (Form 2599) with the local assessor if the property is NOT classified agricultural or if the assessor asks an owner to file it to determine whether the property includes structures that are not exempt. May 2, 216 Deadline for filing official County Board of Commissioners report of county equalization (L-424) with STC. MCL 29.5(2) (first Monday in May) Appeal from county equalization to Michigan Tax Tribunal must be filed within 35 days after the adoption of the county equalization report by the County Board of Commissioners. MCL (3) Deadline for assessor to file tabulation of Taxable Valuations for each classification of property with the county equalization director on STC form L-425 to be used in Headlee calculations. MCL d(2). (first Monday in May) May 9, 216 Preliminary state equalization valuation recommendations presented by the Property Services Division staff to the State Tax Commission. MCL 29.2(1) (second Monday in May)

13 Page 7 May 13, 216 May 14 is a Saturday May 15 is a Sunday May 23, 216 May 27, 216 After May 25 and Before June 3 Not later than this date, the State must have prepared an annual assessment roll for the state-assessed properties. MCL 27.9(1) State Equalization Proceeding - Final State Equalization order is issued by State Tax Commission. MCL 29.4 (fourth Monday in May) If as a result of State Equalization the taxable value of property changes, the Equalization Director shall revise the millage reduction fractions by the Friday following the fourth Monday in May. MCL d(2) Last day for Allocation Board Hearing (not less than 8 days or more than 12 days after issuance of preliminary order). MCL May 31, 216 (MTT) Appeals of property classified as commercial real, industrial real, developmental real, commercial personal, industrial personal or utility personal must be made by filing a written petition with the Michigan Tax Tribunal on or before May 31 of the tax year involved. MCL a(6) June 1, 216 Deadline for filing Principal Residence Exemption Affidavits (form 2368) for exemption from the 18-mill school operating tax to qualify for a PRE for the summer tax levy. MCL 211.7cc(2) Deadline for filing the initial request (first year) of a Conditional Rescission of Principal Residence Exemption (PRE) (form 464) for the summer tax levy. MCL 211.7cc(5) Deadline for filing for Foreclosure Entity Conditional Rescission of a PRE (Form 4983) to qualify for the summer tax levy. MCL 211.7cc(5) Assessment Roll due to County Treasurer if local unit is not collecting summer taxes MCL b(6)(a) First notice sent to all properties that are delinquent on 215 taxes. MCL b No later than June 1, the county treasurer delivers to the state treasurer a statement listing the total amount of state education tax (SET) not returned delinquent, collected by the county treasurer, and collected and remitted to the county treasurer by each city or township treasurer, also a statement for the county and for each city or township of the number of parcels from which the SET was collected, the number of parcels for which SET was billed, and the total amount retained by the county treasurer and by the city or township treasurer MCL b(12)

14 Page 8 June 1, 216 Cont. June 6, 216 Requests are due from a Brownfield Redevelopment Authority, Tax Increment Finance Authority, Local Development Financing Authority or Downtown Development Authority for state reimbursements of tax increment revenue decreases as a result of the MBT reduction in personal property taxes (not later than June 1). Form 465;P.A of 28. Deadline for notifying protesting taxpayers in writing of Board of Review Action (by the first Monday in June). MCL 211.3(4) County Equalization Director calculates current year millage reduction fractions including those for inter-county taxing jurisdictions. The completed, verified STC form L-428 is filed with the County Treasurer and the STC on or before the first Monday in June. MCL d(3) June 13, 216 June 15, 216 Allocation Board must issue final order not later than the second Monday in June. MCL Deadline for submission of Water Pollution Control PA 451 of 1994 Part 37 and Air Pollution Control PA 451 of 1994 Part 59 tax exemption applications to the State Tax Commission. Note: Applications for the above exemption programs received on or after June 16 shall be considered by the Commission contingent upon staff availability. Deadline for the assessor s report to the STC on the status of each Neighborhood homestead exemption granted under the Neighborhood Enterprise Zone Act. MCL (2) Deadline for foreclosing governmental units to file petition for tax foreclosure with the circuit court clerk for the March 1, 216 forfeitures. MCL h(1) Each municipality that is a tax increment finance authority shall calculate and report to the Department of Treasury the municipality s tax increment small taxpayer loss for the current year. (MCL a) June 27, 216 June 29, 216 June 3, 216 Deadline for equalization directors to file tabulation of final Taxable Valuations with the State Tax Commission on STC form L-446. MCL d (fourth Monday in June) Summer Tax Levy for School Millage Detail and Tax Roll. MCL (4)(c). Before June 3 the county treasurer or the treasurer of the school district or intermediate school district shall spread the taxes being collected. County Treasurer to spread summer SET and County Allocated and Prepare Tax Roll MCL b(6)(b). Not later than June 3, the county treasurer or the state treasurer shall spread the millage levied against the assessment roll and prepare the tax roll.

15 Page 9 June 3, 216 Cont. Deadline for classification appeals to STC. MCL c(6). A classification appeal must be filed with the STC in writing on Form 2167 June 3. Deadline for County Equalization Director to file Interim Status Report of the ongoing study for the current year. [R 29.41(4)] Township supervisor shall prepare and furnish the summer tax roll before June 3 to the township treasurer with supervisor s collection warrant attached if summer school taxes are to be collected. MCL (1) July 1, 216 July 5, 216 July 19, 216 Taxes due and payable in those jurisdictions authorized to levy a summer tax. (Charter units may have a different due date). MCL a(3) and (4) Deadline for governmental agencies to exercise the right of refusal for 216 tax foreclosure parcels. MCL m(1) The July BOR may be convened to correct a qualified error (Tuesday after the third Monday in July). MCL b. The governing body of the city or township may authorize, by adoption of an ordinance or resolution, 1 or more of the following alternative meeting dates for the purposes of this section. An alternative meeting date during the week of the third Monday in July. MCL b(9)(b) An owner who owned and occupied a principal residence on May 1 for taxes levied before January 1, 213, for which the exemption was not on the tax roll may file an appeal with the July Board of Review in the year for which the exemption was claimed or the immediately succeeding 3 years. For taxes levied after December 31, 212, an owner who owned and occupied a principal residence on June 1 or November 1 for which the exemption was not on the tax roll may file an appeal with the July Board of Review in the year for which the exemption was claimed or the immediately succeeding 3 years. MCL 211.7cc(19) An owner of property that is Qualified Agricultural Property on May 1 may appeal to the July Board of Review for the current year and the immediately preceding year if the exemption was not on the tax roll. MCL 211.7ee(6) July BOR may hear appeals for current year only for poverty exemptions, but not poverty exemptions denied by the March Board of Review. MCL 211.7u, STC Bulletin No. 5 of 212 July 29, 216 July 3 is a Saturday July 31 is a Sunday Industrial Facilities Exemption Treasurer s Report (Form 17) must be filed with the Property Services Division on or before July 31 of the tax year involved.

16 Page 1 July 29, 216 (MTT) July 3 is a Saturday July 31 is a Sunday Appeals of property classified as residential real, agricultural real, timber-cutover real or agricultural personal must be made by filing a written petition with the Michigan Tax Tribunal on or before July 31 of the tax year involved. MCL a(6) A protest of assessed valuation or taxable valuation or the percentage of Qualified Agricultural Property exemption subsequent to BOR action, must be filed with the Michigan Tax Tribunal, in writing on or before July 31. August 15, 216 Deadline for taxpayer to file appeal directly with the Michigan Tax Tribunal if final equalization multiplier exceeds tentative multiplier and a taxpayer s assessment, as equalized, is in excess of 5 percent of true cash value (by the third Monday in August). MCL (7) Each municipality shall report to the Department of Treasury the millage rate levied or to be levied that year for a millage described in section 5(g) or (w) that is used to calculate an appropriation under section 17(1)(a) or a distribution under section 17(3)(a)(i). See MCL (4) for the calculation for the 216 report. Deadline for electronically paying and filing the essential services assessment with the Department of Treasury without interest and penalty. MCL September 1, 216 September 14, 216 Second notice by first class mail to all properties that are delinquent on 215 taxes (Sept 1). MCL c Summer Taxes Due: Summer taxes due, unless property is located in a city with a separate charter due date (Sept 14). MCL b(1), MCL (4)(e). MCL Interest of 1% per month will accrue if the payment is late for the State Education Tax and County Taxes that are part of the summer tax collection. MCL b (9) and a (6). Note: date may be different depending on the city charter. September 15, 216 September 3, 216 Last day of deferral period for summer property tax levies, if the deferral for qualified taxpayers. MCL (7). Clerk of township or city delivers to supervisor and county clerk a certified copy of all statements, certificates, and records of vote directing monies to be raised by taxation of property (Sept 3). MCL (1).

17 Page 11 September 3 Cont. Financial officer of each unit of local government computes tax rates in accordance with MCL d and MCL and governing body certifies that rates comply with Section 31, Article 9, of 1963 Constitution and MCL e, Truth in Taxation, on STC form L-429 on or before September 3. October October 3, 216 October 2 is a Saturday October 3 is a Sunday October 14, 216 October 15 is a Saturday County prosecutor is obligated by statute to furnish legal advice promptly regarding the apportionment report. A County Board of Commissioners shall not authorize the levy of a tax unless the governing body of the taxing jurisdiction has certified that the requested millage has been reduced, if necessary, in compliance with Section 31 of Article 9 of the State Constitution of 1963 and MCL d, and (1). The County Board also receives certifications that Truth in Taxation hearings have been held if required. MCL e County Treasurer adds $15 for each parcel of property for which the 215 real property taxes remain unpaid. MCL d The assessor reports the status of real and personal Industrial Facility Tax property to STC. MCL (2) Governmental units report to the STC on the status of each exemption granted under the Commercial Redevelopment Act. MCL Qualified local governmental units report to the STC on the status of each exemption granted under the Commercial Rehabilitation Act. MCL The assessor s annual report of the determination made under MCL (1) to each taxing unit that levies taxes upon property in the local governmental unit in which a new facility or rehabilitated facility is located and to each holder of the Neighborhood Enterprise Zone certificate. MCL (2) Qualified local governmental units report to the STC on the status of each exemption granted under the Obsolete Property Rehabilitation Act. MCL October 31, 216 October apportionment session of the County Board of Commissioners to examine certificates, direct spread of taxes in terms of millage rates to be spread on Taxable Valuations. MCL

18 Page 12 November 1, 216 Deadline for submission of New Personal Property PA 328 of 1998, Obsolete Property PA 146 of 2, Commercial Rehabilitation PA 21 of 25, Neighborhood Enterprise Zone PA 147 of 1992, Commercial Facilities PA 255 of 1978 and Industrial Facilities PA 198 of 1974 tax exemption applications to the State Tax Commission. Note: Applications for the above exemption programs received on or after November 1 shall be considered by the Commission contingent upon staff availability. Deadline for filing Principal Residence Exemption Affidavits (form 2368) for exemption from the 18-mill school operating tax to qualify for a PRE for the winter tax levy. MCL 211.7cc(2) Deadline for filing the initial request (first year) of a Conditional Rescission of Principal Residence Exemption (PRE) (form 464) for the winter tax levy. MCL 211.7cc(5) Deadline for filing for Foreclosure Entity Conditional Rescission of a PRE to qualify for the winter tax levy. MCL 211.7cc (5) November 4, 216 November 5 is a Saturday November 28, 216 December 1, 216 On or before November 5, Township Supervisor shall notify township treasurer of the amount of county, state and school taxes apportioned in township to enable treasurer to obtain necessary bond for collection of taxes. MCL (1) On or before November 28, Township Treasurer gives County Treasurer a bond running to the county in the actual amount of county, state and school taxes. MCL (2) County Equalization Director submits apportionment millage report to the STC. MCL On or before December 1, County Treasurer delivers to township supervisor a signed statement of approval of the bond and the township supervisor delivers the tax roll to the township treasurer. 216 taxes due and payable to local unit treasurer are a lien on real property. Charter cities or villages may provide for a different day. MCL On or before December 1, Deadline for foreclosing governmental units to transfer list of unsold 216 tax foreclosure parcels to the clerk of the city, township, or village in which the parcels are located. MCL m(6)

19 Page 13 MTT Note: December 13, 216 Appeal to Michigan Tax Tribunal of a contested tax bill must be filed within 6 days after the mailing of the tax bill that the taxpayer seeks to contest. MCL (Limited to arithmetic errors) Special Board of Review meeting may be convened by assessing officer to correct qualified errors (Tuesday after the second Monday in Dec.). MCL b. The governing body of the city or township may authorize, by adoption of an ordinance or resolution, one or more of the following alternative meeting dates for the purposes of this section: An alternative meeting date during the week of the second Monday in December. MCL b(7) An owner who owned and occupied a principal residence on May 1 for taxes levied before January 1, 212, for which the exemption was not on the tax roll may file an appeal with the December Board of Review in the year for which the exemption was claimed or the immediately succeeding 3 years. For taxes levied after December 31, 211, an owner who owned and occupied a principal residence on June 1 or November 1 for which the exemption was not on the tax roll may file an appeal with the December Board of Review in the year for which the exemption was claimed or the immediately succeeding 3 years. MCL 211.7cc(19) An owner of property that is Qualified Agricultural Property on May 1 may appeal to the December Board of Review for the current year and the immediately preceding year if the exemption was not on the tax roll. MCL 211.7ee(6) December Board of Review to hear appeals for current year poverty exemptions only, but not poverty exemptions denied by the March Board of Review. MCL 211.7u, STC Bulletin 5 of 212 Form 6/L-416, Supplemental Special Assessment Report due to the STC. December 29, 216 December 3 is a State Holiday December 31 is a Saturday The Department of Treasury may appeal the 216 classification of any assessable property to the Small Claims Division of the Michigan Tax Tribunal. MCL c(7) Deadline for an owner that had claimed a conditional rescission of a Principal Residence Exemption to verify to the assessor that the property still meets the requirements for the conditional rescission through a second and third year annual verification of a Conditional Rescission of Principal Residence Exemption (PRE) (form 464). MCL 211.7cc(5) Deadline for a land contract vendor, bank, credit union or other lending institution that had claimed a foreclosure entity conditional rescission of a Principal Residence Exemption to verify to the assessor that the property still meets the requirements for the conditional rescission through the filing of an annual verification of a foreclosure entity. (MCL 211.7cc (5)

20 Page 14 December 29, 216 Cont. A rescission affidavit (form 5277) shall be filed with the assessor of the Township or City in which the personal property is located, no later than December 31 of the year in which the exempted property is no longer eligible for the Eligible Manufacturing Personal Property exemption. An eligible claimant may appeal an assessment levied, a penalty or rescission under the Essential Service Assessment Act to the State Tax Commission by filing a petition no later than December 31 in that same tax year. December 31, 216 Tax day for 217 property taxes. MCL 211.2(2) All taxes due and liens are canceled for otherwise unsold 216 tax foreclosure parcels purchased by the state or transferred to the local unit or the Michigan Land Bank Fast Track Authority. MCL m(12) and (13) Jan. 3, 217 December 31 is a Sunday January 1 is a State Holiday January 2 is a State Holiday Deadline for counties to file equalization studies for 216 starting bases with State Tax Commission for all classifications in all units on STC form L-418. [R 29.41(5)]. (January due to the holidays)

21 216 - Thinking about the Numbers Potential Revenue: The tentative value of 1 mill applied to the county base is $999,14. The tentative value of.5 mills applied to the county base is $499,552. Potential revenue based on the allocation to the county of 4.5 mills is $4,495,968. Taxable Value is chasing State Equalized Value The 216 inflation rate multiplier is 1.3, applied to 215 taxable values to calculate 216 value. In 27, the gap separating total Mackinac County State Equalized Value and Taxable Value peaked at 56.19%. Between 28 and 212, State Equalized Values slid 14.34% while Taxable Values continued to increase until 29. After a 21 decline, taxable values resumed a steady increase. The current difference between SEV and taxable value is 23.14%. The average annual increase between 211 and 216 is 1.86%. s declined in three property classes: 11 Agricultural (-1.23%) 41 Residential (-1.31%) 35 Industrial Personal Property (-38.38%). The implementation of the Eligible Manufacturing Personal Property (EMPP) in 216 accounts for the decline in ad valorem value for the industrial personal property class. Beginning in 216, new exemptions are available for industrial property engaged in industrial processing or direct integrative support. Commericial/Industrial growth: Between 215 and 216, combined real and personal property values in the commercial and industrial classes increased.25%. The average annual rate of change since 213 is 2.6%. Utility Personal Property: Personal property values increased by 18.83% in 213 and by 28.5% in 215, reflecting the increased investment to infrastructure by utility companies. For 216, that investment has slowed. Two out of four of the large utility companies in Mackinac County are reporting value increases due to construction in progress. Graymont activity: Properties owned and acquired by Graymont over the last year will bring in over $1,1, of new assessed/taxable value to the roll. The acquisitions moved formerly exempt property to the ad valorem roll. For 216, the Garfield residential class increases $226, in new assessed/taxable value with the Graymont acquisitions. In Hudson Township, there is a new assessed/taxable value increase of $25, in the industrial class. Hendricks Township is ranked 4 th in the county for growth in commercial values. Land acquisitions by Graymont have brought to the 216 roll $669,7 of new value. Mackinac County Equalization Department April 14, 216

22 Mackinac County 216 Assessed, Equalized and Taxable Values State 216 Mackinac County - ALL Assessed Equalized Taxable Real Agricultural 11 14,258,864 14,258,864 9,535,577 Property Commercial 21 27,897,979 27,373, ,23, Real Property Industrial 31 18,527,945 18,37,424 15,647, % of Residential ,232, ,16,75 651,259,778 Class Assessed Total Value Timber/Cutover 51 3,942,597 3,942,597 2,325,14 Agricultural 14,258, % Total: 1,72,859,54 1,72,899, ,791,216 Commerical 27,897, % Personal Agricultural 151 Industrial 18,527, % Property Commercial 251 2,49,123 2,49,123 19,884,484 Residential 828,232, % Industrial 351 8,625,754 8,625,754 8,625,754 Timber Cutover 3,942,597.37% Residential 451 Total: 1,72,859,54 1.% Utility ,729, ,729, ,763,153 Total: 157,44,62 157,44,62 155,273,391 Grand Total: 1,23,264,16 1,23,34, ,64, Real Property 216 % of 216 Real Property Class State Equalized Total Value 216 % of Agricultural 14,258, % Class Taxable Total Value Commercial 27,373, % Agricultural 9,535, % Industrial 18,37, % Commerical 165,23, % Residential 829,16, % Industrial 15,647, % Timber Cutover 3,942,597.37% Residential 651,259, % Total: 1,72,899,627 1.% Timber Cutover 2,325,14.28% Total: 843,791,216 1.% Real Property Distribution of Agricultural Commerical Industrial Residential Timber Cutover Real Property Distribution of Tentative County Equalized Value Real Property Distribution of Tentative Taxable Value Agricultural Commercial Industrial Residential Timber Cutover Agricultural Commerical Industrial Residential Timber Cutover Mackinac County Equalization Department Final Report June 3, 216

23 Mackinac County 216 Assessed, Equalized and Taxable Values 216 Personal Property Personal Property Distribution of 215 Personal Property 216 % of Tentative County Equalized Value 215 % of Unit SEV Total Value Unit SEV Total Value Agricultural.% Agricultural.% Commercial 2,49, % Commercial 18,466, % Agricultural Industrial 8,625, % Industrial 13,998, % Residential.% Residential.% Commercial Utility 128,729, % Utility 124,766, % Total: 157,44,62 1.% Industrial Total: 157,231,97 1.% Residential Utility Personal Property Distribution of State Equalized Value Agricultural Commercial Industrial Residential Utility 214 Personal Property Personal Property Distribution 213 Personal Property Personal Property Distribution 214 % of 213 % of of State Equalized Value of State Equalized Value Unit SEV Total Value Unit SEV Total Value Agricultural.% Agricultural.% Total: 122,36,732 1.% Total: 119,636,192 1.% Commercial Commercial Residential 19,25, %.% Commercial 22,581,967 Residential 18.88%.% Industrial Utility 12,863,675 9,246, % 73.75% Industrial Agricultural 16,423,51 Utility 13.73% 8,631, % Agricultural Commercial Industrial Industrial Residential Utility Residential Utility Mackinac County Equalization Department Final Report June 3, 216

24 Mackinac County Units arranged by value 216 Assessed Equalized Taxable Mackinac Island 287,27, ,27, ,731,718 Clark Twp 24,138,556 24,138, ,424,786 Moran Twp 165,27,2 164,282, ,43,19 Garfield Twp 13,28,984 13,28,984 84,39,47 Portage Twp 94,671,8 94,671,8 75,74,716 St Ignace City 87,135,83 87,135,83 82,618,23 St Ignace Twp 49,554,695 49,43,775 42,17,26 Newton Twp 49,174,373 49,174,373 41,395,25 Marquette Twp 44,337,7 45,246,251 3,556,642 Bois Blanc Twp 42,546,2 42,546,2 32,548,19 Brevort Twp 38,187,73 38,187,73 27,513,529 Hudson Twp 16,371,531 16,371,531 13,914,58 Hendricks Twp 12,882,473 12,882,473 1,134,883 35,, 3,, 25,, 2,, 15,, 1,, 5,, Mackinac County Assessed, Equalized & Taxable by governmental unit Mackinac County Equalization Department Final June 3, 216

25 S.E.V. Taxable Difference ,863, ,863,841.% ,143,51 455,98, % ,11, ,698, % ,515,723 49,355, % ,529,87 511,681, % ,576, ,76, % 2 742,424,236 57,369, % ,382,946 69,248, % ,584, ,17, % ,148, ,371, % 24 1,111,58, ,672, % 25 1,167,97, ,621, % 26 1,233,53,991 81,24, % 27 1,327,136, ,671, % 28 1,344,439,5 887,734, % 29 1,286,13,331 97,38, % 21 1,219,187,82 91,2, % 211 1,168,476, ,859,41 3.% 212 1,151,657,564 94,23, % 213 1,176,568, ,182, % 214 1,196,934,43 951,6, % 215 1,24,493, ,42, % 216 1,23,264,16 999,64, % 1,6,, 1,4,, 1,2,, 1,,, 8,, 6,, 216 Mackinac County Difference Between SEV & Taxable Value S.E.V. Taxable 4,, 2,, Mackinac County Equalization Department Final Report June 3, 216

26 Ten Year History of Assessed, Equalized and Taxable Values for Mackinac County 1,4,, 1,2,, 216 Real Property Assessed Equalized Taxable Year Value Value Value 26 1,142,21,998 1,148,747,88 717,327, ,234,554,485 1,236,698,52 76,81, ,249,733,968 1,25,651,24 794,934, ,188,384,832 1,191,413, ,268, ,137,845,53 1,116,433,929 83,31, ,68,91,431 1,65,82,733 8,555, ,51,7,471 1,5,98,578 87,69, ,57,194,864 1,56,932, ,956, ,75,591,61 1,74,573, ,84, ,83,313,211 1,83,261, ,725, ,72,859,54 1,72,899, ,791,216 Value in $$ 1,,, 8,, 6,, 4,, 2,, Year Assessed Value Equalized Value Taxable Value 216 Personal Property Assessed Equalized Taxable Year Value Value Value 26 84,756,183 84,756,183 83,697, ,438,396 9,438,396 89,59, ,788,26 93,788,26 92,8, ,599,955 94,599,955 9,4, ,753,891 12,753,891 97,7, ,393,42 13,393,42 98,34, ,676,986 1,676,986 96,594, ,635, ,635, ,226, ,36, ,36, ,975, ,231,97 157,231,97 156,677, ,44,62 157,44,62 155,273,391 Value in $$ 18,, 16,, 14,, 12,, 1,, 8,, 6,, 4,, 2,, Assessed Value Equalized Value Taxable Value Year Mackinac County Equalization Department Final Report June 3, 216

27 216 Mackinac County Assessed Valuations, Equalized Valuations, Taxable Valuations by Assessing Unit Equalization Equalization Bois Blanc Township Assessed Equalized Taxable Factor Brevort Township Assessed Equalized Taxable Factor Agricultural 11 Agricultural ,5 147,5 14, Commercial ,6 674,6 565, Commercial ,9 453,9 419, Industrial 31 Industrial ,3 158,3 87,26 1. Residential 41 41,612,1 41,612,1 31,724, Residential 41 35,84,2 35,84,2 25,39, Timber/Cutover 51 Timber/Cutover 51 Total: 42,286,7 42,286,7 32,289,86 Total: 36,563,9 36,563,9 25,921,44 Agricultural 151 Agricultural 151 Commercial Commercial 251 2,85 2,85 2,85 1. Industrial 351 Industrial 351 Residential 451 Residential 451 Utility ,2 259,2 257, Utility 551 1,62,323 1,62,323 1,589, Total: 259,5 259,5 258,213 Total: 1,623,173 1,623,173 1,592,485 Grand Total: 42,546,2 42,546,2 32,548,19 Grand Total: 38,187,73 38,187,73 27,513, Equalization Equalization Clark Township Assessed Equalized Taxable Factor Garfield Township Assessed Equalized Taxable Factor Agricultural ,8 579,8 389, Agricultural 11 8,235,53 8,235,53 5,755,13 1. Commercial 21 14,682, 14,682, 12,44, Commercial 21 3,51,231 3,51,231 3,7, Industrial 31 4,813,7 4,813,7 4,193, Industrial 31 48,663 48, , Residential 41 21,517,7 21,517,7 16,986,57 1. Residential 41 76,423,144 76,423,144 6,63, Timber/Cutover , 275, 144,377 Timber/Cutover 51 Total: 23,868,2 23,868,2 178,154,43 Total: 88,64,541 88,64,541 69,92,964 Agricultural 151 Agricultural 151 Commercial 251 1,821,93 1,821,93 1,821,93 1. Commercial 251 3,687 3,687 3, Industrial 351 4,495,631 4,495,631 4,495, Industrial 351 1,856,995 1,856,995 1,856, Residential 451 Residential 451 Utility 551 2,953,632 2,953,632 2,953, Utility ,23,761 12,23,761 12,23, Total: 9,27,356 9,27,356 9,27,356 Total: 14,388,443 14,388,443 14,388,443 Grand Total: 24,138,556 24,138, ,424,786 Grand Total: 13,28,984 13,28,984 84,39,47 Mackinac County Equalization Department Final Report June 3, 216

28 216 Mackinac County Assessed Valuations, Equalized Valuations, Taxable Valuations by Assessing Unit Equalization Equalization Hendricks Township Assessed Equalized Taxable Factor Hudson Township Assessed Equalized Taxable Factor Agricultural 11 Agricultural 11 Commercial , , , Commercial , , , Industrial 31 7,225 7,225 39,98 1. Industrial 31 35,39 35,39 346,51 1. Residential 41 8,872,238 8,872,238 6,315,5 1. Residential 41 1,721,7 1,721,7 9,413, Timber/Cutover 51 Timber/Cutover 51 95,697 95, ,49 1. Total: 9,678,154 9,678,154 6,93, Total: 12,22,689 12,22,689 1,542,111 Agricultural 151 Agricultural 151 Commercial ,63 26,63 26,63 1. Commercial 251 2,549 2,549 2, Industrial 351 Industrial 351 Residential 451 Residential 451 Utility 551 2,998,256 2,998,256 2,998, Utility 551 4,148,293 4,148,293 3,369, Total: 3,24,319 3,24,319 3,24,319 Total: 4,15,842 4,15,842 3,371,947 Grand Total: 12,882,473 12,882,473 1,134,883 Grand Total: 16,371,531 16,371,531 13,914, Equalization Equalization Marquette Township Assessed Equalized Taxable Factor Moran Township Assessed Equalized Taxable Factor Agricultural 11 3,339,4 3,339,4 2,275,7 1. Agricultural 11 Commercial 21 64,7 64,7 531,8 1. Commercial 21 12,38,8 11,784,813 1,513, Industrial 31 Industrial 31 8,423,2 8,22,679 7,649, Residential 41 38,795,4 39,73,951 26,395, Residential 41 68,82,8 68,82,8 52,823, Timber/Cutover 51 45,6 45,6 254,4 1. Timber/Cutover 51 Total: 43,226,1 44,134,651 29,457,542 Total: 88,814,8 88,7,292 7,986,411 Agricultural 151 Agricultural 151 Commercial ,6 333,6 321,1 1. Commercial 251 4,2,4 4,2,4 4,2,4 1. Industrial 351 Industrial 351 1,323,5 1,323,5 1,323,5 1. Residential 451 Residential 451 Utility , 778, 778, 1. Utility 551 7,688,5 7,688,5 69,532, Total: 1,111,6 1,111,6 1,99,1 Total: 76,212,4 76,212,4 75,56,698 Grand Total: 44,337,7 45,246,251 3,556,642 Grand Total: 165,27,2 164,282, ,43,19 Mackinac County Equalization Department Final Report June 3, 216

29 216 Mackinac County Assessed Valuations, Equalized Valuations, Taxable Valuations by Assessing Unit Equalization Equalization Newton Township Assessed Equalized Taxable Factor Portage Township Assessed Equalized Taxable Factor Agricultural 11 1,156,9 1,156,9 562,96 1. Agricultural ,7 745,7 43, Commercial 21 1,48,2 1,48,2 1,284, Commercial 21 6,384, 6,384, 4,865, Industrial 31 3,711,5 3,711,5 2,4,7 1. Industrial 31 Residential 41 28,551,55 28,551,55 23,725, Residential 41 86,441,1 86,441,1 69,38,39 1. Timber/Cutover 51 2,311,3 2,311,3 1,387, Timber/Cutover 51 Total: 37,139,45 37,139,45 29,36,327 Total: 93,57,8 93,57,8 74,63, Agricultural 151 Agricultural 151 Commercial , , , Commercial ,9 34,9 34,9 1. Industrial , , , Industrial 351 Residential 451 Residential 451 Utility 551 1,943,677 1,943,677 1,943,677 Utility 551 1,66,1 1,66,1 1,66,1 1. Total: 12,34,923 12,34,923 12,34,923 Total: 1,11, 1,11, 1,11, Grand Total: 49,174,373 49,174,373 41,395,25 Grand Total: 94,671,8 94,671,8 75,74, Equalization St. Ignace Township Assessed Equalized Taxable Factor Agricultural 11 54,61 54,61 17, Commercial 21 2,593,781 2,593,781 1,848, Industrial 31 53,588 53,588 7, Residential 41 31,511,94 31,388,2 24,954, Timber/Cutover 51 Total: 34,213,37 34,89,45 26,828,935 Agricultural 151 Commercial 251 5,9 5,9 5,9 1. Industrial 351 Residential 451 Utility ,84,425 14,84,425 14,84, Total: 15,341,325 15,341,325 15,341,325 Grand Total: 49,554,695 49,43,775 42,17,26 Mackinac County Equalization Department Final Report June 3, 216