L. BROOKS PATTERSON OAKLAND COUNTY EXECUTIVE

L. BROOKS PATTERSON OAKLAND COUNTY EXECUTIVE 216 EQUALIZATION OAKLAND COUNTY, MICHIGAN Prepared By DEPARTMENT OF MANAGEMENT AND BUDGET LAURIE VAN PELT, Director EQUALIZATION DIVISION DAVID HIEBER, Manager Under the direction of the Finance Committee of the Board of Commissioners THOMAS MIDDLETON Chairperson EILEEN T. KOWALL DAVE WOODWARD Majority Vice Chairperson Minority Vice Chairperson CHRISTINE LONG HUGH D. CRAWFORD SHELLEY GOODMAN TAUB NANCY L. QUARLES HELAINE ZACK WADE FLEMING

TABLE OF CONTENTS Recommendation as to Equalized Value from Manager of Equalization... 1 Recommended County Equalized Valuations... 2 Board of Commissioners Resolution... 3 Oakland County Board of Commissioners and District Map... 4-5 State Equalized Value versus Taxable Value Graph... 6 Distribution of Total Equalized and Taxable Value Chart... 7 Distribution of Equalized Value Chart... 8 Distribution of Taxable Value Chart... 9 Comparison of Assessed and Taxable Values... 1-12 Historical Comparison of Equalized Values... 13 Historical Comparison of Taxable Values... 14 Analysis of Equalized Value County Summary... 15-17 216 Distribution of Assessed, Equalized, and Taxable Value by Townships... 18-19 216 Distribution of Assessed, Equalized, and Taxable Value by Cities... 2-21 216 Analysis by Class of Real Property Values... 22-31 216 Analysis by Class of Personal Property Values... 32-41 216 Equalization Factors by Class... 42-43 Oakland County Village Information... 44 216 Analysis by Class of Real and Personal Property Valuations by Villages... 45-48 216 Distribution of Value for Industrial facility, Obsolete Property, Commercial Rehabilitation and DNR... 49

L. BROOKS PATTERSON, OAKLAND COUNTY EXECUTIVE EQUALIZATION DIVISION April 21, 216 Board of Commissioners Oakland County 12 N. Telegraph Pontiac, MI 48341 Chairperson, Ladies and Gentlemen; Please accept the attached report and resolution to fulfill the requirements for County Equalization. In summary, the report details changes in Equalized and Taxable values for Oakland County. The recommended total 216 Equalized value is $65,84,851,114 a 7.4 % increase. The resulting Taxable value is $52,786,22,473 a 1.72 % increase. If you have any questions, please feel free to contact me. Sincerely, DAVID HIEBER, Manager Oakland County Equalization Page 1 of 49

Michigan Dept. of Treasury 3127 (Rev. 1-1) CERTIFICATION OF RECOMMENDED COUNTY EQUALIZED VALUATIONS BY EQUALIZATION DIRECTOR This form is issued under the authority of MCL 211.148. Filing is mandatory. TO: State Tax Commission FROM: Equalization Director of OAKLAND County RE: State Assessor Certification of Preparer of the required Recommended County Equalized Valuations for OAKLAND County for year 216. The Recommended County Equalized Valuations for the above referenced county and year were prepared under my direct supervision and control in my role as Equalization Director. I am certified as an assessor at the level required for the county by Michigan Compiled Laws 211.1d and the rules of the State Tax Commission. The State Tax Commission requires a Level IV State Assessor Certification for this county. I am certified as a Level IV State Certified Assessing Officer by the State Tax Commission. The following are my total Recommended County Equalized Valuations for each separately equalized class of property in OAKLAND County: Agricultural 67,42,325 Timber-Cutover Commercial 9,867,734,99 Developmental Industrial 1,86,943,546 Total Real Property 61,675,751,998 Residential 49,933,653,218 Personal Property 3,49,99,116 Total Real and Personal Property 65,84,851,114 Please mail this form to the address below within fifteen days of submission of the Recommended County Equalized Valuations to the County Board of Commissioners. Michigan Department of Treasury Assessment and Certification Division Local Assessment Review P.O. Box 379 Lansing, Michigan 4899 Signature of Equalization Director Date April 21, 216 Page 2 of 49

MISCELLANEOUS RESOLUTION # April 21, 216 BY: Finance Committee, Thomas Middleton, Chairperson IN RE: DEPARTMENT OF MANAGEMENT & BUDGET - 216 EQUALIZATION REPORT To the Oakland County Board of Commissioners Chairperson, Ladies and Gentlemen: WHEREAS the staff of the Equalization Division of the Department of Management & Budget has examined the assessment rolls of the several townships and cities within Oakland County to ascertain whether the real and personal property in the respective townships and cities has been equally and uniformly assessed at 5% of true cash value; and WHEREAS the Finance Committee in accordance with Rule XI.A (8) of the Board of Commissioners adopted on January 14, 215, has reviewed the findings and recommendations of the Equalization Manager, acting as the Equalization Director, and conducted hearings to provide for local intervention into the equalization process; and WHEREAS based on its findings, the Manager of the Equalization Division has presented to the Finance Committee the recommended 216 equalization value which adds to or deducts from the valuation of the property in the several townships and cities an amount as, in its judgement, will produce a sum which represents the true cash value thereof; and WHEREAS the Equalization Factors listed on the attached report is the result of the foregoing process and are for information purposes only. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners adopts the 216 equalization and authorizes its certification by the Chairperson of the Board and further that it be entered on the County records and delivered to the appropriate official of the proper township or city. Chairperson, on behalf on the Finance Committee, I move the adoption of the foregoing resolution. FINANCE COMMITTEE Page 3 of 49

OAKLAND COUNTY BOARD OF COMMISSIONERS District 1: District 2: District 3: District 4: District 5: District 6: District 7: District 8: District 9: District 1: District 11: District 12: District 13: District 14: District 15: District 16: District 17: District 18: District 19: District 2: District 21 Michael J. Gingell Robert Hoffman Michael Spisz Thomas Middleton* John A. Scott Eileen T. Kowall* Christine Long* Philip J. Weipert Hugh D. Crawford* David E.S. Bowman Robert Gosselin Shelley Goodman Taub* Marcia Gershenson William Dwyer Adam L. Kochenderfer Wade Fleming* Nancy L. Quarles* Helaine Zack* Dave Woodward* Gary R. McGillivray Janet Jackson *Finance Committee Members Page 4 of 49

Oakland County Board of Commissioners Districts Page 5 of 49

216 STATE EQUALIZED VALUES VS. TAXABLE VALUES Page 6 of 49

216 TOTAL STATE EQUALIZED & TAXABLE VALUES Page 7 of 49

216 TOTAL & PROPERTY STATE EQUALIZED VALUES Page 8 of 49

216 TOTAL & PROPERTY TAXABLE VALUES Page 9 of 49

216 COMPARISON OF ASSESSED AND TAXABLE VALUES 215 ASSESSED 216 ASSESSED 42,395,25 4,144,531,22 568,493,71 2,169,654,92 242,942,23 812,75,51 312,855,54 1,733,467,6 1,75,54,2 989,82,8 9,422,21 1,419,553,13 1,713,421,71 921,362,3 289,37,81 34,167,66 1,222,817,45 687,724,9 2,275,17,576 3,77,17,3 1,18,823,94 422,821,73 4,497,242,28 622,723,86 2,324,226,55 262,36,42 881,564,19 339,981,6 1,832,7,5 1,234,621,34 1,34,741,62 9,988,86 1,52,935,96 1,874,626,51 964,211,19 313,889,7 32,916,22 1,316,12,7 746,94,3 2,499,989,886 4,54,34,1 1,38,72,93 TOTAL TOWNSHIPS 25,974,98,786 28,94,33,79 CITIES AUBURN HILLS BERKLEY BIRMINGHAM BLOOMFIELD HILLS CLARKSTON VILLAGE CLAWSON FARMINGTON FARMINGTON HILLS FENTON FERNDALE HAZEL PARK HUNTINGTON WOODS KEEGO HARBOR LAKE ANGELUS LATHRUP VILLAGE MADISON HEIGHTS NORTHVILLE NOVI OAK PARK ORCHARD LAKE PLEASANT RIDGE PONTIAC ROCHESTER ROCHESTER HILLS ROYAL OAK SOUTHFIELD SOUTH LYON SYLVAN LAKE TROY WALLED LAKE WIXOM 1,722,551,94 591,165,96 2,496,158,2 936,789,28 43,69,46 389,286,62 348,69,52 3,553,579,5 397,6 616,252,3 179,283,92 413,995,1 98,3,41 88,66,85 14,183,71 855,731,87 187,162,338 3,74,488,76 472,689,95 418,562,51 174,841,95 74,671,72 787,41,91 3,685,978,28 2,693,722,5 2,739,143,2 383,452,57 16,899,6 5,313,611,7 217,64,78 732,19,42 1,74,322,88 634,5,22 2,752,87,53 987,133,16 48,24,98 423,351,4 375,9,25 3,751,97,58 1,, 69,355,1 195,351,19 454,52,67 18,85,87 94,182,47 157,381,84 97,622,13 199,474,91 3,952,9,85 518,687,52 455,131,3 191,964,62 757,414,31 836,474,88 3,946,392,17 2,853,811,83 2,835,448,725 416,23,39 115,145,95 5,626,878,87 238,788,31 761,83,86 34,831,122,988 6,86,13,774 36,99,52,45 65,84,851,114 TOWNSHIPS ADDISON BLOOMFIELD BRANDON COMMERCE GROVELAND HIGHLAND HOLLY INDEPENDENCE LYON MILFORD NOVI OAKLAND ORION OXFORD ROSE ROYAL OAK SOUTHFIELD SPRINGFIELD WATERFORD WEST BLOOMFIELD WHITE LAKE TOTAL CITIES TOTAL COUNTY * County Equalization Factor (See Page 22 for detail). % CHANGE ASSESSED 215 TAXABLE 216 TAXABLE 5.8 % 8.51 % 9.54 % 7.12 % 7.97 % 8.56 % 8.67 % 5.72 % 14.79 % 4.62 % 6.1 % 7.14 % 9.41 % 4.65 % 8.47 % -3.66 % 7.62 % 8.49 % 9.88 % 7.53 % 1.83 % 323,43,35 3,364,27,21 488,662,33 1,89,878,4 21,2,55 689,3,9 268,287,99 1,423,262,92 918,28,46 833,582,16 8,173,8 1,188,873,26 1,449,68,56 774,323,68 237,545,78 32,53,68 987,82,29 593,524,24 1,944,44,216 3,276,17,5 993,585,43 328,764,471 3,47,928,74 57,368,89 1,853,352,4 25,27,63 75,794,2 274,191,3 1,457,835,373 1,7,537,77 83,25,13 8,22,43 1,241,933,24 1,53,82,83 776,364,44 243,385,38 3,338,12 1,11,95,79 69,87,98 1,982,165,446 3,333,23,1 1,2,871,28 1.66 % 3.17 % 3.83 % 2.4 % 1.99 % 2.39 % 2.2 % 2.43 % 9.75 % -.4 %.58 % 4.46 % 3.73 %.26 % 2.46 % -6.74 % 2.43 % 2.75 % 1.94 % 1.75 % 2.75 % 8.16 % 21,84,762,176 22,41,68,94 2.74 % 1,627,167,46 494,27,84 2,1,37,5 766,373,34 38,927,22 323,78,1 311,19,17 3,128,358,53 377,32 514,217,83 168,648,45 321,468,78 82,554,69 69,557,68 12,56,8 78,225,7 148,9,716 3,25,569,93 436,294,7 343,922,9 137,265,57 68,32, 675,44,47 3,182,148,13 2,358,343,9 2,417,356,855 325,2,4 83,45,16 4,54,785,19 18,836,67 663,244,69 1,58,92,38 58,946,49 2,11,188,78 791,127,31 39,427,1 33,387,77 313,625,53 3,127,65,2 916,64 534,548,52 169,554,1 33,782,34 85,68,99 71,228,66 122,79,8 763,32,3 152,991,818 3,298,149,85 44,172,91 351,238,9 141,727,41 662,679,37 679,377,72 3,225,294,4 2,435,82,29 2,4,338,435 329,152,65 84,628,35 4,54,34,37 183,13,8 652,84,61 3,9,579,261 51,895,341,437 3,384,593,533 52,786,22,473-1.6 % 7.25 % 1.28 % 5.37 % 9.92 % 8.75 % 7.76 % 5.58 % 151.51 % 12.2 % 8.96 % 9.68 % 1.99 % 6.94 % 12.27 % 6.6 % 6.58 % 6.68 % 9.73 % 8.74 % 9.79 % 2.26 % 6.28 % 7.6 % 5.94 % 3.52 % 8.55 % 7.71 % 5.9 % 9.73 % 3.97 % 6.2 % 7.4 % % CHANGE TAXABLE * -7.27 % 3.2 % 5.45 % 3.23 % 1.28 % 2.4 %.81 % -.4 % 142.93 % 3.95 %.54 % 2.9 % 3.5 % 2.4 % 1.26 % -2.17 % 2.75 % 2.89 %.89 % 2.13 % 3.25 % -2.55 %.58 % 1.36 % 3.28 % -.7 % 1.28 % 1.91 %.78 % 1.2 % -1.57 %.98 % 1.72 % Page 1 of 49

216 COMPARISON OF ASSESSED AND TAXABLE VALUES PROPERTY 215 ASSESSED 216 ASSESSED 36,76,25 4,67,82,76 518,558,91 2,69,334,91 22,71,21 78,563,2 296,149,83 1,667,28,6 994,34,61 882,498,99 9,241,7 1,382,553,12 1,62,63,81 828,229,92 251,873,18 27,655,88 1,197,295,63 631,13,8 2,21,792,6 3,74,47,64 1,142,724,97 382,552,743 4,415,66,19 563,89,52 2,23,56,45 24,175,29 851,75,6 323,133,96 1,769,535, 1,154,512,95 952,718,91 9,816,86 1,485,851,75 1,769,733,61 899,696,6 275,945,94 27,923,9 1,291,421,92 689,494,6 2,424,59,61 3,987,968,31 1,269,271,61 TOTAL TOWNSHIPS 24,835,385,34 27,15,611,783 CITIES AUBURN HILLS BERKLEY BIRMINGHAM BLOOMFIELD HILLS CLARKSTON VILLAGE CLAWSON FARMINGTON FARMINGTON HILLS FENTON FERNDALE HAZEL PARK HUNTINGTON WOODS KEEGO HARBOR LAKE ANGELUS LATHRUP VILLAGE MADISON HEIGHTS NORTHVILLE NOVI OAK PARK ORCHARD LAKE PLEASANT RIDGE PONTIAC ROCHESTER ROCHESTER HILLS ROYAL OAK SOUTHFIELD SOUTH LYON SYLVAN LAKE TROY WALLED LAKE WIXOM 1,321,32,8 578,539,6 2,435,848,74 914,127,25 41,848,17 376,17,7 332,414,65 3,38,64,9 392,2 573,996,42 164,685,27 49,797,89 95,127,77 87,59,16 135,884,7 721,692,2 185,67,9 3,464,652,2 44,648,14 414,5,22 171,421,93 612,177,44 75,142,21 3,491,431,31 2,551,297,8 2,364,896,3 367,399,9 14,152, 4,876,381,8 24,724,52 591,975,81 1,442,217,45 621,798,34 2,689,646,67 963,616,6 46,172,49 411,994,47 36,892,42 3,548,68,55 984,7 648,49,19 18,964,92 449,733,81 15,791,88 93,583,77 152,848,1 85,9,71 197,88,3 3,714,798,2 488,148,6 45,159,91 189,97,19 652,99,27 815,657,93 3,781,917,67 2,73,28,79 2,481,59,745 43,792,64 112,572,32 5,244,97,82 226,722,44 647,495,67 32,87,935,66 56,923,321, 34,66,14,215 61,675,751,998 TOWNSHIPS ADDISON BLOOMFIELD BRANDON COMMERCE GROVELAND HIGHLAND HOLLY INDEPENDENCE LYON MILFORD NOVI OAKLAND ORION OXFORD ROSE ROYAL OAK SOUTHFIELD SPRINGFIELD WATERFORD WEST BLOOMFIELD WHITE LAKE TOTAL CITIES TOTAL COUNTY * County Equalization Factor (See Page 22 for detail). % CHANGE ASSESSED 215 TAXABLE 216 TAXABLE 6.4 % 8.54 % 8.74 % 7.79 % 9.14 % 9.12 % 9.11 % 6.15 % 16.14 % 7.96 % 6.22 % 7.47 % 1.47 % 8.63 % 9.56 %.97 % 7.86 % 9.25 % 1.12 % 7.67 % 11.7 % 282,159,59 3,287,478,75 438,727,53 1,79,558,39 178,19,93 657,776,19 251,516,35 1,356,823,92 836,523,5 726,998,35 7,992,57 1,151,873,25 1,337,75,28 681,191,3 2,22,85 26,18,9 961,564,24 536,93,14 1,871,26,24 3,29,957,84 955,486,46 289,95,891 3,388,752,65 448,535,55 1,759,686,3 182,997,65 675,965,77 257,277,3 1,394,67,323 927,429,38 748,227,42 8,48,43 1,26,849,3 1,398,181,7 712,,2 25,738,5 25,345,8 986,55,64 553,271,28 1,96,766,17 3,267,164,31 981,439,96 2.46 % 3.8 % 2.24 % 2.93 % 2.7 % 2.77 % 2.29 % 2.79 % 1.87 % 2.92 %.7 % 4.77 % 4.52 % 4.52 % 2.76 % -2.59 % 2.59 % 3.5 % 1.91 % 1.78 % 2.72 % 8.78 % 2,665,693,12 21,323,949,74 3.19 % 1,225,632,6 481,41,48 1,94,727,59 743,711,31 37,84,93 31,518,19 295,454,3 2,882,842,55 371,92 471,962,22 154,49,38 317,271,57 79,652,5 68,999,99 116,269,15 646,197,18 147,345,468 2,965,733,19 44,239,71 339,41,61 133,845,55 551,537,72 638,54,77 2,987,61,16 2,215,974,48 2,43,11,135 38,949,37 8,298,1 4,67,554,57 167,956,41 523,21,8 1,246,814,95 496,694,61 2,46,964,92 767,61,21 37,574,61 319,38,2 299,427,7 2,923,765,24 91,34 492,62,61 155,186,8 326,463,48 82,55, 7,629,96 117,553,21 66,813,91 151,325,28 3,6,857,2 49,67,56 346,267,51 138,859,98 558,255,33 658,56,77 3,6,819,9 2,312,254,1 2,46,399,455 316,714,9 82,54,72 4,158,63,32 17,947,93 539,216,42 27,347,444,733 48,13,137,853 28,54,3,153 49,378,249,227 9.17 % 7.48 % 1.42 % 5.41 % 1.33 % 9.57 % 8.57 % 7.27 % 151.7 % 12.96 % 9.89 % 9.75 % 11.21 % 6.94 % 12.48 % 11.56 % 6.57 % 7.22 % 1.78 % 8.72 % 1.31 % 6.67 % 8.73 % 8.32 % 7.1 % 4.93 % 9.91 % 8.8 % 7.56 % 1.75 % 9.38 % 8.2 % 8.35 % % CHANGE TAXABLE * 1.73 % 3.18 % 5.47 % 3.21 % 1.32 % 2.74 % 1.34 % 1.42 % 142.35 % 4.37 %.74 % 2.9 % 3.2 % 2.36 % 1.1 % 2.26 % 2.7 % 3.21 % 1.33 % 2.2 % 3.75 % 1.22 % 3.14 % 2.45 % 4.34 %.16 % 2.51 % 2.19 % 2.23 % 1.78 % 3.6 % 2.58 % 2.84 % Page 11 of 49

216 COMPARISON OF ASSESSED AND TAXABLE VALUES PROPERTY 215 ASSESSED 216 ASSESSED % CHANGE ASSESSED 215 TAXABLE 216 TAXABLE % CHANGE TAXABLE TOWNSHIPS ADDISON 41,635, 4,268,33-3.28 % 41,243,76 39,668,58-3.82 % BLOOMFIELD 76,728,46 82,176,9 7.1 % 76,728,46 82,176,9 7.1 % BRANDON 49,934,8 58,833,34 17.82 % 49,934,8 58,833,34 17.82 % COMMERCE 1,32,1 93,666,1-6.63 % 1,32,1 93,666,1-6.63 % GROVELAND 22,871,2 22,131,13-3.24 % 22,829,62 22,29,98-3.5 % HIGHLAND 31,512,49 29,814,13-5.39 % 31,523,9 29,828,43-5.38 % HOLLY 16,75,71 16,847,64.85 % 16,771,64 16,914,.85 % INDEPENDENCE 66,439, 63,165,5-4.93 % 66,439, 63,165,5-4.93 % LYON 81,55,41 8,18,39-1.71 % 81,55,41 8,18,39-1.71 % MILFORD 16,583,81 82,22,71-23.4 % 16,583,81 82,22,71-23.4 % NOVI 18,51 172, -4.71 % 18,51 172, -4.71 % OAKLAND 37,,1 35,84,21-5.18 % 37,,1 35,84,21-5.18 % ORION 111,357,9 14,892,9-5.81 % 111,363,28 14,91,13-5.8 % OXFORD 93,132,38 64,514,59-3.73 % 93,132,38 64,364,42-3.89 % ROSE 37,497,63 37,943,76 1.19 % 37,324,93 37,646,88.86 % ROYAL OAK 6,511,78 4,992,32-23.33 % 6,511,78 4,992,32-23.33 % SOUTHFIELD 25,521,82 24,59,15-3.65 % 25,518,5 24,59,15-3.64 % SPRINGFIELD 56,621,1 56,599,7 -.4 % 56,621,1 56,599,7 -.4 % WATERFORD 73,377,976 75,399,276 2.75 % 73,377,976 75,399,276 2.75 % WEST BLOOMFIELD 66,59,66 66,65,79.1 % 66,59,66 66,65,79.1 % WHITE LAKE 38,98,97 39,431,32 3.5 % 38,98,97 39,431,32 3.5 % TOTAL TOWNSHIPS 1,139,595,446 1,78,718,926-5.34 % 1,139,69,56 1,77,659,866-5.39 % CITIES AUBURN HILLS 41,519,86 262,15,43-34.72 % 41,534,86 262,15,43-34.72 % BERKLEY 12,626,36 12,251,88-2.97 % 12,626,36 12,251,88-2.97 % BIRMINGHAM 6,39,46 63,223,86 4.83 % 6,39,46 63,223,86 4.83 % BLOOMFIELD HILLS 22,662,3 23,517,1 3.77 % 22,662,3 23,517,1 3.77 % CLARKSTON VILLAGE 1,842,29 1,852,49.55 % 1,842,29 1,852,49.55 % CLAWSON 13,268,92 11,356,57-14.41 % 13,261,82 11,349,57-14.42 % FARMINGTON 15,654,87 14,197,83-9.31 % 15,654,87 14,197,83-9.31 % FARMINGTON HILLS 245,515,41 23,299,3-17.2 % 245,515,98 23,299,78-17.19 % FENTON 5,4 15,3 183.33 % 5,4 15,3 183.33 % FERNDALE 42,255,61 41,945,91 -.73 % 42,255,61 41,945,91 -.73 % HAZEL PARK 14,598,65 14,386,27-1.45 % 14,599,7 14,367,93-1.58 % HUNTINGTON WOODS 4,197,21 4,318,86 2.9 % 4,197,21 4,318,86 2.9 % KEEGO HARBOR 2,92,64 3,13,99 3.84 % 2,92,64 3,13,99 3.84 % LAKE ANGELUS 557,69 598,7 7.35 % 557,69 598,7 7.35 % LATHRUP VILLAGE 4,299,1 4,533,83 5.46 % 4,29,93 4,525,87 5.48 % MADISON HEIGHTS 134,39,67 12,531,42-23.51 % 134,28,52 12,56,12-23.52 % NORTHVILLE 1,555,248 1,666,61 7.16 % 1,555,248 1,666,61 7.16 % NOVI 239,836,74 237,292,83-1.6 % 239,836,74 237,292,83-1.6 % OAK PARK 32,41,81 3,539,46-4.69 % 32,54,99 3,565,35-4.65 % ORCHARD LAKE 4,512,29 4,971,39 1.17 % 4,512,29 4,971,39 1.17 % PLEASANT RIDGE 3,42,2 2,867,43-16.16 % 3,42,2 2,867,43-16.16 % PONTIAC 128,494,28 14,424,4-18.73 % 128,494,28 14,424,4-18.73 % ROCHESTER 36,899,7 2,816,95-43.59 % 36,899,7 2,816,95-43.59 % ROCHESTER HILLS 194,546,97 164,474,5-15.46 % 194,546,97 164,474,5-15.46 % ROYAL OAK 142,424,25 123,63,4-13.21 % 142,368,61 123,548,19-13.22 % SOUTHFIELD 374,246,72 353,938,98-5.43 % 374,246,72 353,938,98-5.43 % SOUTH LYON 16,52,67 12,437,75-22.52 % 16,52,67 12,437,75-22.52 % SYLVAN LAKE 2,747,6 2,573,63-6.31 % 2,747,6 2,573,63-6.31 % TROY 437,23,62 381,971,5-12.64 % 437,23,62 381,971,5-12.64 % WALLED LAKE 12,88,26 12,65,87-6.32 % 12,88,26 12,65,87-6.32 % WIXOM 14,43,61 113,588,19-18.89 % 14,43,61 113,588,19-18.89 % TOTAL CITIES 2,743,187,328 2,33,38,19-15.5 % 2,743,134,528 2,33,293,38-15.5 % TOTAL COUNTY 3,882,782,774 3,49,99,116-12.2 % 3,882,23,584 3,47,953,246-12.22 % Page 12 of 49

216 COMPARISON OF EQUALIZED VALUES 26 211 215 216 1 YR 5 YR 1 YR AGRICULTURAL 144,357,345 81,771,18 67,583,6 67,42,325 -.24 % -17.55 % -53.3 % COMMERCIAL 12,74,731,14 1,795,35,52 9,416,529,95 9,867,734,99 4.79 % -8.59 % -22.33 % INDUSTRIAL 4,491,747,19 1,928,636,7 1,67,792,58 1,86,943,546 8.15 % -6.31 % -59.77 % RESIDENTIAL 54,926,992,118 35,954,354,243 45,768,414,87 49,933,653,218 9.1 % 38.88 % -9.9 % TIMBER CUTOVER DEVELOPMENTAL 23,51,58 7,33,51-1. % -1. % TOTAL 72,291,329,373 48,766,831,153 56,923,321, 61,675,751,998 8.35 % 26.47 % -14.68 % TOTAL 4,148,396,21 3,686,629,19 3,882,782,774 3,49,99,116-12.2 % -7.53 % -17.82 % GRAND TOTAL 76,439,725,583 52,453,46,343 6,86,13,774 65,84,851,114 7.4 % 24.8 % -14.85 % Page 13 of 49

216 COMPARISON OF TAXABLE VALUES 26 211 215 216 1 YR 5 YR 1 YR AGRICULTURAL 54,987,428 45,72,54 42,98,71 42,597,45 -.73 % -6.8 % -22.53 % COMMERCIAL 9,959,236,636 1,54,37,362 8,668,179,912 8,731,176,989.73 % -13.16 % -12.33 % INDUSTRIAL 3,71,576,99 1,842,489,88 1,575,95,217 1,66,675,259 1.95 % -12.8 % -56.7 % RESIDENTIAL 44,249,526,81 35,166,132,285 37,726,99,14 38,997,799,934 3.37 % 1.9 % -11.87 % TIMBER CUTOVER DEVELOPMENTAL 11,825,63 5,2,63-1. % -1. % TOTAL 57,986,152,765 47,113,715,697 48,13,137,853 49,378,249,227 2.84 % 4.81 % -14.84 % TOTAL 4,147,262,47 3,684,824,56 3,882,23,584 3,47,953,246-12.22 % -7.51 % -17.83 % GRAND TOTAL 62,133,415,235 5,798,54,257 51,895,341,437 52,786,22,473 1.72 % 3.91 % -15.4 % Page 14 of 49

STATE TAX COMMISSION L - 423 YEAR 216 ANALYSIS FOR EQUALIZED VALUE COUNTY SUMMARY PROPERTY ASSESSED VALUE TRUE CASH VALUE TAXABLE VALUE 1 11 AGRICULTURAL 67,583,6 138,29,115 12 LOSS 2,732,2 5,65,267 13 64,851,4 132,423,848 14 ADJUSTMENT 943,55 15 65,794,95 132,423,848 16 NEW 1,625,42 3,263,867 17 18 TOTAL AGRICULTURAL 67,42,325 135,687,715 42,597,45 2 21 COMMERCIAL 9,416,529,95 19,738,73,72 22 LOSS 168,142,53 35,438,932 23 9,248,387,42 19,387,634,77 24 ADJUSTMENT 377,457,763 25 9,625,845,183 19,387,634,77 26 NEW 241,889,726 486,81,69 27 28 TOTAL COMMERCIAL 9,867,734,99 19,874,435,839 8,731,176,989 3 31 INDUSTRIAL 1,67,792,58 3,582,127,249 32 LOSS 21,93,43 45,882,571 33 1,648,889,15 3,536,244,678 34 ADJUSTMENT 18,912,856 35 1,757,82,6 3,536,244,678 36 NEW 49,141,54 98,919,743 37 38 TOTAL INDUSTRIAL 1,86,943,546 3,635,164,421 1,66,675,259 4 41 RESIDENTIAL 45,768,414,87 99,595,266,191 42 LOSS 146,374,645 318,441,568 43 45,622,4,225 99,276,824,623 44 ADJUSTMENT 3,612,26,946 45 49,234,247,171 99,276,824,623 46 NEW 699,46,47 1,41,957,859 47 48 TOTAL RESIDENTIAL 49,933,653,218 1,687,782,482 38,997,799,934 5 51 TIMBER CUTOVER 57 6 61 DEVELOPMENTAL 62 LOSS 63 64 ADJUSTMENT 65 66 NEW 67 68 TOTAL DEVELOPMENTAL 8 TOTAL 61,675,751,998 124,333,7,457 49,378,249,227 Page 15 of 49

STATE TAX COMMISSION L - 423 YEAR 216 ANALYSIS FOR EQUALIZED VALUE COUNTY SUMMARY PROPERTY ASSESSED VALUE TRUE CASH VALUE TAXABLE VALUE 15 151 AGRICULTURAL 152 LOSS 153 154 ADJUSTMENT 155 156 NEW 157 158 TOTAL AGRICULTURAL 25 251 COMMERCIAL 1,816,563,144 3,64,227,949 252 LOSS 355,851,798 713,3,456 253 1,46,711,346 2,927,224,493 254 ADJUSTMENT 255 1,46,711,346 2,927,224,493 256 NEW 315,626,68 632,472,97 257 258 TOTAL COMMERCIAL 1,776,338,26 3,559,697,463 1,776,357,46 35 351 INDUSTRIAL 1,52,717,28 2,19,66,182 352 LOSS 556,57,14 1,114,143,77 353 496,66,14 994,922,475 354 ADJUSTMENT 355 496,66,14 994,922,475 356 NEW 62,116,87 124,374,346 357 358 TOTAL INDUSTRIAL 558,777,1 1,119,296,821 558,777,1 45 451 RESIDENTIAL 452 LOSS 453 454 ADJUSTMENT 455 456 NEW 457 458 TOTAL RESIDENTIAL 55 551 UTILITIES 1,13,52,35 2,27,4,7 552 LOSS 21,359,36 42,718,72 553 992,142,99 1,984,285,98 554 ADJUSTMENT 555 992,142,99 1,984,285,98 556 NEW 81,841,9 163,682,18 557 558 TOTAL UTILITIES 1,73,984,8 2,147,968,16 1,72,819,19 85 TOTAL 3,49,99,116 6,826,962,444 3,47,953,246 Page 16 of 49

STATE TAX COMMISSION L - 423 YEAR 216 ANALYSIS FOR EQUALIZED VALUE COUNTY SUMMARY PARCELS ASSESSED VALUE TRUE CASH VALUE EQUALIZED VALUE TAXABLE VALUE 18 TOTAL AGRICULTURAL 38 67,42,325 135,687,715 67,42,325 42,597,45 28 TOTAL COMMERCIAL 21,434 9,867,421,11 19,874,435,839 9,867,734,99 8,731,176,989 38 TOTAL INDUSTRIAL 4,611 1,86,911,86 3,635,164,421 1,86,943,546 1,66,675,259 48 TOTAL RESIDENTIAL 454,324 49,913,569,275 1,687,782,482 49,933,653,218 38,997,799,934 58 TOTAL TIMBER CUTOVER 68 TOTAL DEVELOPMENTAL 8 TOTAL 48,749 61,655,322,57 124,333,7,457 61,675,751,998 49,378,249,227 158 TOTAL AGRICULTURAL 258 TOTAL COMMERCIAL 5,247 1,776,338,26 3,559,697,463 1,776,338,26 1,776,357,46 358 TOTAL INDUSTRIAL 2,85 558,777,1 1,119,296,821 558,777,1 558,777,1 458 TOTAL RESIDENTIAL 558 TOTAL UTILITIES 431 1,73,984,8 2,147,968,16 1,73,984,8 1,72,819,19 85 TOTAL 52,763 3,49,99,116 6,826,962,444 3,49,99,116 3,47,953,246 9 GRAND TOTAL 533,512 65,64,421,686 131,16,32,91 65,84,851,114 52,786,22,473 Page 17 of 49

216 DISTRIBUTION OF ASSESSED AND EQUALIZED VALUES BY TOWNSHIPS ASSESSING DISTRICT - TOWNSHIPS ADDISON BLOOMFIELD BRANDON PROPERTY ASSESSED EQUALIZED PROPERTY TAXABLE ASSESSED EQUALIZED TAXABLE 362,123,315 382,552,743 289,95,891 4,268,33 4,268,33 39,668,58 4,415,66,19 4,415,66,19 3,388,752,65 82,176,9 82,176,9 82,176,9 563,89,52 563,89,52 448,535,55 58,833,34 58,833,34 58,833,34 COMMERCE 2,23,56,45 2,23,56,45 1,759,686,3 93,666,1 93,666,1 93,666,1 GROVELAND 24,175,29 24,175,29 182,997,65 22,131,13 22,131,13 22,29,98 HIGHLAND 851,75,6 851,75,6 675,965,77 29,814,13 29,814,13 29,828,43 HOLLY 323,133,96 323,133,96 257,277,3 16,847,64 16,847,64 16,914, INDEPENDENCE 1,769,535, 1,769,535, 1,394,67,323 63,165,5 63,165,5 63,165,5 LYON 1,154,512,95 1,154,512,95 927,429,38 8,18,39 8,18,39 8,18,39 952,718,91 952,718,91 748,227,42 82,22,71 82,22,71 82,22,71 9,816,86 9,816,86 8,48,43 172, 172, 172, OAKLAND 1,485,851,75 1,485,851,75 1,26,849,3 35,84,21 35,84,21 35,84,21 ORION 1,769,733,61 1,769,733,61 1,398,181,7 14,892,9 14,892,9 14,91,13 OXFORD 899,696,6 899,696,6 712,,2 64,514,59 64,514,59 64,364,42 ROSE 275,945,94 275,945,94 25,738,5 37,943,76 37,943,76 37,646,88 27,923,9 27,923,9 25,345,8 4,992,32 4,992,32 4,992,32 SOUTHFIELD 1,291,421,92 1,291,421,92 986,55,64 24,59,15 24,59,15 24,59,15 SPRINGFIELD 689,494,6 689,494,6 553,271,28 56,599,7 56,599,7 56,599,7 WATERFORD 2,424,59,61 2,424,59,61 1,96,766,17 75,399,276 75,399,276 75,399,276 WEST BLOOMFIELD 3,987,968,31 3,987,968,31 3,267,164,31 66,65,79 66,65,79 66,65,79 MILFORD NOVI ROYAL OAK WHITE LAKE TOTAL TOWNSHIPS 1,269,271,61 1,269,271,61 981,439,96 39,431,32 39,431,32 39,431,32 26,995,182,355 27,15,611,783 21,323,949,74 1,78,718,926 1,78,718,926 1,77,659,866 * County Equalization Factor (See Page 22 for detail). Page 18 of 49 *

216 DISTRIBUTION OF ASSESSED AND EQUALIZED VALUES BY TOWNSHIPS / ASSESSING DISTRICT - TOWNSHIPS NUMBER OF ACRES ASSESSED VALUE EQUALIZED VALUE % OF COUNTY TAXABLE VALUE % OF COUNTY ADDISON 23,44.14 42,391,645 422,821,73.65 % 328,764,471.62 % BLOOMFIELD 16,71.8 4,497,242,28 4,497,242,28 6.91 % 3,47,928,74 6.58 % BRANDON 23,17.14 622,723,86 622,723,86.96 % 57,368,89.96 % COMMERCE 19,142.39 2,324,226,55 2,324,226,55 3.57 % 1,853,352,4 3.51 % GROVELAND 23,6.39 262,36,42 262,36,42.4 % 25,27,63.39 % HIGHLAND 23,151.1 881,564,19 881,564,19 1.35 % 75,794,2 1.34 % HOLLY 23,274.95 339,981,6 339,981,6.52 % 274,191,3.52 % INDEPENDENCE 23,221.81 1,832,7,5 1,832,7,5 2.82 % 1,457,835,373 2.76 % LYON 2,497.98 1,234,621,34 1,234,621,34 1.9 % 1,7,537,77 1.91 % MILFORD 22,52.7 1,34,741,62 1,34,741,62 1.59 % 83,25,13 1.57 % NOVI 68. 9,988,86 9,988,86.2 % 8,22,43.2 % OAKLAND 23,472.59 1,52,935,96 1,52,935,96 2.34 % 1,241,933,24 2.35 % ORION 23,8.69 1,874,626,51 1,874,626,51 2.88 % 1,53,82,83 2.85 % OXFORD 22,627.4 964,211,19 964,211,19 1.48 % 776,364,44 1.47 % ROSE 23,142.72 313,889,7 313,889,7.48 % 243,385,38.46 % 422.98 32,916,22 32,916,22.5 % 3,338,12.6 % SOUTHFIELD 5,144.87 1,316,12,7 1,316,12,7 2.2 % 1,11,95,79 1.92 % SPRINGFIELD 23,45.8 746,94,3 746,94,3 1.15 % 69,87,98 1.16 % WATERFORD 22,643.37 2,499,989,886 2,499,989,886 3.84 % 1,982,165,446 3.76 % WEST BLOOMFIELD 2,14.53 4,54,34,1 4,54,34,1 6.23 % 3,333,23,1 6.31 % WHITE LAKE 23,716.6 1,38,72,93 1,38,72,93 2.1 % 1,2,871,28 1.93 % 45,695.14 28,73,91,281 28,94,33,79 ROYAL OAK TOTAL TOWNSHIPS 43.17 % 22,41,68,94 42.44 % * County Equalization Factor (See Page 22 for detail). Page 19 of 49 *

ASSESSING DISTRICT - CITIES 216 DISTRIBUTION OF ASSESSED AND EQUALIZED VALUES BY CITIES PROPERTY PROPERTY ASSESSED EQUALIZED TAXABLE ASSESSED EQUALIZED TAXABLE AUBURN HILLS 1,442,217,45 1,442,217,45 1,246,814,95 262,15,43 262,15,43 262,15,43 BERKLEY 621,798,34 621,798,34 496,694,61 12,251,88 12,251,88 12,251,88 BIRMINGHAM 2,689,646,67 2,689,646,67 2,46,964,92 63,223,86 63,223,86 63,223,86 BLOOMFIELD HILLS 963,616,6 963,616,6 767,61,21 23,517,1 23,517,1 23,517,1 CLARKSTON VILLAGE 46,172,49 46,172,49 37,574,61 1,852,49 1,852,49 1,852,49 CLAWSON 411,994,47 411,994,47 319,38,2 11,356,57 11,356,57 11,349,57 FARMINGTON 36,892,42 36,892,42 299,427,7 14,197,83 14,197,83 14,197,83 FARMINGTON HILLS 3,548,68,55 3,548,68,55 2,923,765,24 23,299,3 23,299,3 23,299,78 FENTON 984,7 984,7 91,34 15,3 15,3 15,3 FERNDALE 648,49,19 648,49,19 492,62,61 41,945,91 41,945,91 41,945,91 HAZEL PARK 18,964,92 18,964,92 155,186,8 14,386,27 14,386,27 14,367,93 HUNTINGTON WOODS 449,733,81 449,733,81 326,463,48 4,318,86 4,318,86 4,318,86 KEEGO HARBOR 15,791,88 15,791,88 82,55, 3,13,99 3,13,99 3,13,99 LAKE ANGELUS 93,583,77 93,583,77 7,629,96 598,7 598,7 598,7 LATHRUP VILLAGE 152,848,1 152,848,1 117,553,21 4,533,83 4,533,83 4,525,87 MADISON HEIGHTS 85,9,71 85,9,71 66,813,91 12,531,42 12,531,42 12,56,12 NORTHVILLE 197,88,3 197,88,3 151,325,28 1,666,61 1,666,61 1,666,61 NOVI 3,714,798,2 3,714,798,2 3,6,857,2 237,292,83 237,292,83 237,292,83 OAK PARK 488,148,6 488,148,6 49,67,56 3,539,46 3,539,46 3,565,35 ORCHARD LAKE 45,159,91 45,159,91 346,267,51 4,971,39 4,971,39 4,971,39 PLEASANT RIDGE 189,97,19 189,97,19 138,859,98 2,867,43 2,867,43 2,867,43 PONTIAC 652,99,27 652,99,27 558,255,33 14,424,4 14,424,4 14,424,4 ROCHESTER 815,657,93 815,657,93 658,56,77 2,816,95 2,816,95 2,816,95 ROCHESTER HILLS 3,781,917,67 3,781,917,67 3,6,819,9 164,474,5 164,474,5 164,474,5 ROYAL OAK 2,73,28,79 2,73,28,79 2,312,254,1 123,63,4 123,63,4 123,548,19 SOUTHFIELD 2,481,59,745 2,481,59,745 2,46,399,455 353,938,98 353,938,98 353,938,98 SOUTH LYON 43,792,64 43,792,64 316,714,9 12,437,75 12,437,75 12,437,75 SYLVAN LAKE 112,572,32 112,572,32 82,54,72 2,573,63 2,573,63 2,573,63 TROY 5,244,97,82 5,244,97,82 4,158,63,32 381,971,5 381,971,5 381,971,5 WALLED LAKE 226,722,44 226,722,44 17,947,93 12,65,87 12,65,87 12,65,87 WIXOM 647,495,67 647,495,67 539,216,42 113,588,19 113,588,19 113,588,19 TOTAL CITIES 34,66,14,215 34,66,14,215 28,54,3,153 2,33,38,19 2,33,38,19 2,33,293,38 TOTAL TOWNSHIPS 26,995,182,355 27,15,611,783 21,323,949,74 1,78,718,926 1,78,718,926 1,77,659,866 TOTAL COUNTY 61,655,322,57 61,675,751,998 49,378,249,227 3,49,99,116 3,49,99,116 3,47,953,246 Page 2 of 49

ASSESSING DISTRICT - CITIES NUMBER OF ACRES 216 DISTRIBUTION OF ASSESSED AND EQUALIZED VALUES BY CITIES / ASSESSED VALUE EQUALIZED VALUE AUBURN HILLS 1,655.97 1,74,322,88 1,74,322,88 2.62 % 1,58,92,38 2.86 % BERKLEY 1,652.78 634,5,22 634,5,22.97 % 58,946,49.96 % BIRMINGHAM 3,74.81 2,752,87,53 2,752,87,53 4.23 % 2,11,188,78 4. % BLOOMFIELD HILLS 3,21.98 987,133,16 987,133,16 1.52 % 791,127,31 1.5 % CLARKSTON VILLAGE 323.5 48,24,98 48,24,98.7 % 39,427,1.7 % CLAWSON 1,43.4 423,351,4 423,351,4.65 % 33,387,77.63 % FARMINGTON 1,7.58 375,9,25 375,9,25.58 % 313,625,53.59 % FARMINGTON HILLS 21,312.98 3,751,97,58 3,751,97,58 5.76 % 3,127,65,2 5.92 % FENTON 11. 1,, 1,,. % 916,64. % FERNDALE 2,498.28 69,355,1 69,355,1 1.6 % 534,548,52 1.1 % HAZEL PARK 1,799.66 195,351,19 195,351,19.3 % 169,554,1.32 % HUNTINGTON WOODS 929.67 454,52,67 454,52,67.7 % 33,782,34.63 % KEEGO HARBOR 35.69 18,85,87 18,85,87.17 % 85,68,99.16 % LAKE ANGELUS 1,41.83 94,182,47 94,182,47.14 % 71,228,66.13 % LATHRUP VILLAGE 969.91 157,381,84 157,381,84.24 % 122,79,8.23 % MADISON HEIGHTS 4,534.88 97,622,13 97,622,13 1.39 % 763,32,3 1.45 % NORTHVILLE 64.85 199,474,91 199,474,91.31 % 152,991,818.29 % NOVI 2,18.57 3,952,9,85 3,952,9,85 6.7 % 3,298,149,85 6.25 % OAK PARK 3,253.18 518,687,52 518,687,52.8 % 44,172,91.83 % ORCHARD LAKE 2,635.5 455,131,3 455,131,3.7 % 351,238,9.67 % PLEASANT RIDGE 363.74 191,964,62 191,964,62.29 % 141,727,41.27 % PONTIAC 12,919.62 757,414,31 757,414,31 1.16 % 662,679,37 1.26 % ROCHESTER 2,447.62 836,474,88 836,474,88 1.29 % 679,377,72 1.29 % ROCHESTER HILLS 21,6.12 3,946,392,17 3,946,392,17 6.6 % 3,225,294,4 6.11 % ROYAL OAK 7,573.62 2,853,811,83 2,853,811,83 4.38 % 2,435,82,29 4.61 % SOUTHFIELD 16,824.81 2,835,448,725 2,835,448,725 4.36 % 2,4,338,435 4.55 % SOUTH LYON 2,28.81 416,23,39 416,23,39.64 % 329,152,65.62 % SYLVAN LAKE 527.9 115,145,95 115,145,95.18 % 84,628,35.16 % TROY 21,47.94 5,626,878,87 5,626,878,87 8.65 % 4,54,34,37 8.6 % WALLED LAKE 1,513.69 238,788,31 238,788,31.37 % 183,13,8.35 % WIXOM 5,985.62 761,83,86 761,83,86 1.17 % 652,84,61 1.24 % TOTAL TOWNSHIPS 45,695.14 28,73,91,281 28,94,33,79 43.17 % 22,41,68,94 42.44 % TOTAL CITIES 174,85.89 36,99,52,45 36,99,52,45 56.83 % 3,384,593,533 57.56 % TOTAL COUNTY 58,546.3 65,64,421,686 65,84,851,114 1. % 52,786,22,473 1. % % OF COUNTY TAXABLE VALUE % OF COUNTY Page 21 of 49

216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY TOWNSHIPS (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE ASSESSING DISTRICT - TOWNSHIPS AGRICULTURAL * ADDISON BLOOMFIELD BRANDON COMMERCE GROVELAND HIGHLAND COMMERCIAL (2) EQUALIZATION FACTOR (4) PARCEL COUNT INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENT TOTAL 1 14,966,675 6,927,16 1,545,67 338,683,81 362,123,315 2 1. 1.453 1.25 1.593 1.564 3 14,966,675 7,24,959 1,577,356 358,767,753 382,552,743 4 57 5 2 2,977 3,14 5 7,987,615 5,221,99 1,354,9 274,531,386 289,95,891 1 32,19,84 2,387,59 4,11,658,76 4,415,66,19 2 1. 1. 1. 1. 3 32,19,84 2,387,59 4,11,658,76 4,415,66,19 4 392 11 17,749 18,152 5 247,26,39 2,15,57 3,139,476,69 3,388,752,65 1 8,235,99 32,776,5 1,755,86 521,122,17 563,89,52 2 1. 1. 1. 1. 1. 3 8,235,99 32,776,5 1,755,86 521,122,17 563,89,52 4 38 193 14 5,895 6,14 5 3,246,48 29,645,84 1,415,57 414,227,66 448,535,55 1 249,454,16 34,89,77 1,946,215,52 2,23,56,45 2 1. 1. 1. 1. 3 249,454,16 34,89,77 1,946,215,52 2,23,56,45 4 558 163 16,682 17,43 5 234,622,24 31,124,19 1,493,939,87 1,759,686,3 1 3,174,75 16,773,48 3,437,61 216,789,45 24,175,29 2 1. 1. 1. 1. 1. 3 3,174,75 16,773,48 3,437,61 216,789,45 24,175,29 4 27 78 29 2,35 2,439 5 2,685,33 15,823,72 2,533,15 161,955,45 182,997,65 1 3,682,53 61,717,74 9,15,89 777,243,9 851,75,6 2 1. 1. 1. 1. 1. 3 3,682,53 61,717,74 9,15,89 777,243,9 851,75,6 4 24 274 41 7,482 7,821 5 2,886,75 56,618,97 8,53,7 67,929,35 675,965,77 * Amount Added From Equalization Factor Commercial Industrial Residential +313,799 +31,686 +2,83,943 Page 22 of 49

ASSESSING DISTRICT - TOWNSHIPS 216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY TOWNSHIPS AGRICULTURAL (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENT HOLLY 1 6,474,42 34,989,6 4,984,45 276,686,3 323,133,96 2 1. 1. 1. 1. 1. 3 6,474,42 34,989,6 4,984,45 276,686,3 323,133,96 4 48 234 4 4,865 5,187 5 4,773, 31,395,93 4,398,33 216,71,4 257,277,3 INDEPENDENCE 1 2,82, 15,822,2 1,553,63,8 1,769,535, 2 1. 1. 1. 1. 3 2,82, 15,822,2 1,553,63,8 1,769,535, 4 366 67 12,865 13,298 5 166,375,382 13,44,749 1,214,89,192 1,394,67,323 LYON 1 4,943,5 149,66,2 51,988,33 947,975,1 1,154,512,95 2 1. 1. 1. 1. 1. 3 4,943,5 149,66,2 51,988,33 947,975,1 1,154,512,95 4 17 317 131 7,356 7,821 5 2,194,86 126,297,15 39,622,39 759,314,98 927,429,38 MILFORD 1 1,544,35 79,699,1 49,86,76 822,388,7 952,718,91 2 1. 1. 1. 1. 1. 3 1,544,35 79,699,1 49,86,76 822,388,7 952,718,91 4 8 355 96 6,272 6,731 5 77,14 69,64,56 46,148,2 631,767,7 748,227,42 NOVI 1 9,816,86 9,816,86 2 1. 1. 3 9,816,86 9,816,86 4 63 63 5 8,48,43 8,48,43 OAKLAND 1 2,279,35 22,42,76 1,398,7 1,459,752,94 1,485,851,75 2 1. 1. 1. 1. 1. 3 2,279,35 22,42,76 1,398,7 1,459,752,94 1,485,851,75 4 5 55 15 7,35 7,38 5 974,2 2,471,26 1,335,44 1,184,68,31 1,26,849,3 TOTAL Page 23 of 49

ASSESSING DISTRICT - TOWNSHIPS 216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY TOWNSHIPS AGRICULTURAL (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENT ORION 1 28,499,94 53,957,59 1,57,276,8 1,769,733,61 2 1. 1. 1. 1. 3 28,499,94 53,957,59 1,57,276,8 1,769,733,61 4 528 111 14,123 14,762 5 187,995,33 5,298,91 1,159,887,46 1,398,181,7 OXFORD 1 4,651,62 85,17,71 34,776,53 775,16,74 899,696,6 2 1. 1. 1. 1. 1. 3 4,651,62 85,17,71 34,776,53 775,16,74 899,696,6 4 22 315 128 7,421 7,886 5 3,96,3 77,382,68 25,749,55 64,97,49 712,,2 ROSE 1 1,327,38 856,74 589,2 264,172,8 275,945,94 2 1. 1. 1. 1. 1. 3 1,327,38 856,74 589,2 264,172,8 275,945,94 4 82 11 19 3,151 3,263 5 7,713,92 685,83 434,25 196,94,5 25,738,5 ROYAL OAK 1 15,832,14 2,495,14 9,596,62 27,923,9 2 1. 1. 1. 1. 3 15,832,14 2,495,14 9,596,62 27,923,9 4 111 9 74 86 5 13,49,49 2,455,38 9,48,93 25,345,8 SOUTHFIELD 1 81,981,47 21,4 1,29,239,5 1,291,421,92 2 1. 1. 1. 1. 3 81,981,47 21,4 1,29,239,5 1,291,421,92 4 96 3 5,949 6,48 5 76,339,87 191,71 99,974,6 986,55,64 SPRINGFIELD 1 3,49,3 39,724,8 7,354,6 639,365,9 689,494,6 2 1. 1. 1. 1. 1. 3 3,49,3 39,724,8 7,354,6 639,365,9 689,494,6 4 24 213 38 5,379 5,654 5 2,481,58 35,437,4 6,854,75 58,497,55 553,271,28 TOTAL Page 24 of 49

ASSESSING DISTRICT - TOWNSHIPS 216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY TOWNSHIPS AGRICULTURAL (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENT WATERFORD 1 398,12,97 28,515,84 1,997,953,8 2,424,59,61 2 1. 1. 1. 1. 3 398,12,97 28,515,84 1,997,953,8 2,424,59,61 4 1,495 131 29,38 31,6 5 345,541,68 26,741,6 1,534,483,43 1,96,766,17 WEST BLOOMFIELD 1 33,528,73 1,533,29 3,655,96,29 3,987,968,31 2 1. 1. 1. 1. 3 33,528,73 1,533,29 3,655,96,29 3,987,968,31 4 328 14 24,9 25,242 5 31,535,97 1,319,44 2,964,38,9 3,267,164,31 WHITE LAKE 1 4,9,46 13,69,13 2,574,2 1,158,997,82 1,269,271,61 2 1. 1. 1. 1. 1. 3 4,9,46 13,69,13 2,574,2 1,158,997,82 1,269,271,61 4 28 385 26 11,672 12,111 5 2,986,5 89,776,97 2,429,74 886,247,2 981,439,96 TOTAL TOWNSHIPS 1 67,42,325 2,42,727,45 38,41,44 24,198,633,14 26,927,762,3 3 67,42,325 2,421,41,249 38,433,126 24,218,717,83 27,15,611,783 4 38 6,354 1,16 194,531 22,371 5 42,597,45 2,131,442,652 268,357,799 18,881,551,578 21,323,949,74 TOTAL Page 25 of 49

ASSESSING DISTRICT - CITIES 216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY CITIES AGRICULTURAL (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENT AUBURN HILLS 1 559,273,7 496,19,21 386,835,17 1,442,217,45 2 1. 1. 1. 1. 3 559,273,7 496,19,21 386,835,17 1,442,217,45 4 576 277 5,61 6,463 5 57,17,83 434,912,75 34,884,37 1,246,814,95 BERKLEY 1 56,147,75 858,44 564,792,15 621,798,34 2 1. 1. 1. 1. 3 56,147,75 858,44 564,792,15 621,798,34 4 415 9 6,747 7,171 5 51,74,43 795,42 444,824,76 496,694,61 BIRMINGHAM 1 374,941,63 1,884,85 2,312,82,19 2,689,646,67 2 1. 1. 1. 1. 3 374,941,63 1,884,85 2,312,82,19 2,689,646,67 4 541 8 9,146 9,695 5 39,427,8 1,181,57 1,736,355,55 2,46,964,92 BLOOMFIELD HILLS 1 13,274,64 833,341,42 963,616,6 2 1. 1. 1. 3 13,274,64 833,341,42 963,616,6 4 64 1,777 1,841 5 119,113,45 648,496,76 767,61,21 CLARKSTON VILLAGE 1 7,443,9 38,728,59 46,172,49 2 1. 1. 1. 3 7,443,9 38,728,59 46,172,49 4 42 387 429 5 6,853,81 3,72,8 37,574,61 CLAWSON 1 67,646,31 2,981,53 341,366,63 411,994,47 2 1. 1. 1. 1. 3 67,646,31 2,981,53 341,366,63 411,994,47 4 414 17 4,916 5,347 5 63,489,15 2,784,24 252,764,81 319,38,2 TOTAL Page 26 of 49

ASSESSING DISTRICT - CITIES 216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY CITIES AGRICULTURAL (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENT FARMINGTON 1 81,441,99 4,232,57 275,217,86 36,892,42 2 1. 1. 1. 1. 3 81,441,99 4,232,57 275,217,86 36,892,42 4 279 11 3,424 3,714 5 77,84,33 4,55,4 218,288,33 299,427,7 FARMINGTON HILLS 1 72,713,63 99,325,2 2,746,569,9 3,548,68,55 2 1. 1. 1. 1. 3 72,713,63 99,325,2 2,746,569,9 3,548,68,55 4 1,21 26 26,494 27,91 5 649,15,68 93,312,6 2,181,346,96 2,923,765,24 FENTON 1 984,7 984,7 2 1. 1. 3 984,7 984,7 4 8 8 5 91,34 91,34 FERNDALE 1 17,91,72 22,492,38 518,825,9 648,49,19 2 1. 1. 1. 1. 3 17,91,72 22,492,38 518,825,9 648,49,19 4 689 157 9,336 1,182 5 93,181,7 2,524,18 378,897,36 492,62,61 HAZEL PARK 1 4,458,54 5,261,18 135,245,2 18,964,92 2 1. 1. 1. 1. 3 4,458,54 5,261,18 135,245,2 18,964,92 4 541 8 7,21 7,831 5 36,973,2 4,56,75 113,652,13 155,186,8 HUNTINGTON WOODS 1 7,166,49 442,567,32 449,733,81 2 1. 1. 1. 3 7,166,49 442,567,32 449,733,81 4 26 2,461 2,487 5 6,438, 32,25,48 326,463,48 TOTAL Page 27 of 49

ASSESSING DISTRICT - CITIES 216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY CITIES AGRICULTURAL (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENT KEEGO HARBOR 1 17,642,49 88,149,39 15,791,88 2 1. 1. 1. 3 17,642,49 88,149,39 15,791,88 4 13 1,321 1,451 5 16,254,71 65,8,29 82,55, LAKE ANGELUS 1 79,86 93,53,91 93,583,77 2 1. 1. 1. 3 79,86 93,53,91 93,583,77 4 1 188 189 5 78,48 7,551,48 7,629,96 LATHRUP VILLAGE 1 2,757,6 132,9,41 152,848,1 2 1. 1. 1. 3 2,757,6 132,9,41 152,848,1 4 16 1,764 1,87 5 19,371,7 98,181,51 117,553,21 MADISON HEIGHTS 1 275,49,88 73,96,54 455,774,29 85,9,71 2 1. 1. 1. 1. 3 275,49,88 73,96,54 455,774,29 85,9,71 4 889 294 1,331 11,514 5 252,424,11 66,56,79 342,333,1 66,813,91 NORTHVILLE 1 4,387,68 193,42,62 197,88,3 2 1. 1. 1. 3 4,387,68 193,42,62 197,88,3 4 19 1,32 1,339 5 4,185,92 147,14,116 151,325,28 NOVI 1 961,99,15 41,564,1 2,711,324,77 3,714,798,2 2 1. 1. 1. 1. 3 961,99,15 41,564,1 2,711,324,77 3,714,798,2 4 896 173 17,59 18,659 5 853,36,37 38,362,3 2,169,188,62 3,6,857,2 TOTAL Page 28 of 49

ASSESSING DISTRICT - CITIES 216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY CITIES AGRICULTURAL (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENT OAK PARK 1 98,333,1 2,94,9 368,874,6 488,148,6 2 1. 1. 1. 1. 3 98,333,1 2,94,9 368,874,6 488,148,6 4 59 154 9,926 1,589 5 95,836,93 19,829,1 293,941,53 49,67,56 ORCHARD LAKE 1 1,545,31 53,95 439,56,65 45,159,91 2 1. 1. 1. 1. 3 1,545,31 53,95 439,56,65 45,159,91 4 22 1 1,17 1,4 5 9,962,29 41,57 336,263,65 346,267,51 PLEASANT RIDGE 1 6,96,55 182,136,64 189,97,19 2 1. 1. 1. 3 6,96,55 182,136,64 189,97,19 4 34 1,225 1,259 5 5,629,45 133,23,53 138,859,98 PONTIAC 1 235,265,71 54,21,4 363,73,52 652,99,27 2 1. 1. 1. 1. 3 235,265,71 54,21,4 363,73,52 652,99,27 4 1,861 263 23,26 25,384 5 26,917,8 49,742,89 31,594,64 558,255,33 ROCHESTER 1 124,71,1 29,193,86 662,393,6 815,657,93 2 1. 1. 1. 1. 3 124,71,1 29,193,86 662,393,6 815,657,93 4 361 52 4,54 4,953 5 112,38,58 26,465,19 519,787, 658,56,77 ROCHESTER HILLS 1 458,975,37 13,938,16 3,192,4,14 3,781,917,67 2 1. 1. 1. 1. 3 458,975,37 13,938,16 3,192,4,14 3,781,917,67 4 687 281 24,44 25,48 5 432,989,87 122,63,67 2,55,199,36 3,6,819,9 TOTAL Page 29 of 49

ASSESSING DISTRICT - CITIES 216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY CITIES AGRICULTURAL (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENT ROYAL OAK 1 439,131,98 41,961,27 2,249,115,54 2,73,28,79 2 1. 1. 1. 1. 3 439,131,98 41,961,27 2,249,115,54 2,73,28,79 4 1,329 189 24,255 25,773 5 393,81,37 39,7,3 1,879,373,7 2,312,254,1 SOUTHFIELD 1 1,269,247,25 52,421,39 1,159,841,15 2,481,59,745 2 1. 1. 1. 1. 3 1,269,247,25 52,421,39 1,159,841,15 2,481,59,745 4 1,51 133 22,862 24,496 5 1,95,757,5 46,718,3 93,924,15 2,46,399,455 SOUTH LYON 1 33,86,7 4,171,71 365,814,23 43,792,64 2 1. 1. 1. 1. 3 33,86,7 4,171,71 365,814,23 43,792,64 4 161 2 3,644 3,825 5 31,197,45 3,874,26 281,643,19 316,714,9 SYLVAN LAKE 1 11,859,41 197,66 1,515,25 112,572,32 2 1. 1. 1. 1. 3 11,859,41 197,66 1,515,25 112,572,32 4 56 1 874 931 5 1,211,25 149,43 71,694,4 82,54,72 TROY 1 1,74,211,48 329,55,27 3,841,146,7 5,244,97,82 2 1. 1. 1. 1. 3 1,74,211,48 329,55,27 3,841,146,7 5,244,97,82 4 1,21 955 27,479 29,455 5 893,54,33 286,584,67 2,977,938,32 4,158,63,32 WALLED LAKE 1 51,83,85 5,28,93 169,889,66 226,722,44 2 1. 1. 1. 1. 3 51,83,85 5,28,93 169,889,66 226,722,44 4 264 27 2,833 3,124 5 48,81,64 4,9,79 117,245,5 17,947,93 TOTAL Page 3 of 49

ASSESSING DISTRICT - CITIES 216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY CITIES AGRICULTURAL (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENT WIXOM 1 217,695,61 81,415,46 348,384,6 647,495,67 2 1. 1. 1. 1. 3 217,695,61 81,415,46 348,384,6 647,495,67 4 436 197 3,48 4,41 5 197,392,16 71,765,19 27,59,7 539,216,42 TOTAL CITIES 1 7,446,693,66 1,498,51,42 25,714,936,135 34,66,14,215 3 7,446,693,66 1,498,51,42 25,714,936,135 34,66,14,215 4 15,8 3,55 259,793 278,378 5 6,599,734,337 1,338,317,46 2,116,248,356 28,54,3,153 TOTAL TOWNSHIPS 1 67,42,325 2,42,727,45 38,41,44 24,198,633,14 26,927,762,3 3 67,42,325 2,421,41,249 38,433,126 24,218,717,83 27,15,611,783 4 38 6,354 1,16 194,531 22,371 5 42,597,45 2,131,442,652 268,357,799 18,881,551,578 21,323,949,74 TOTAL COUNTY 1 67,42,325 9,867,421,11 1,86,911,86 49,913,569,275 61,587,92,245 3 67,42,325 9,867,734,99 1,86,943,546 49,933,653,218 61,675,751,998 4 38 21,434 4,611 454,324 48,749 5 42,597,45 8,731,176,989 1,66,675,259 38,997,799,934 49,378,249,227 TOTAL Page 31 of 49

216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY TOWNSHIPS (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE ASSESSING DISTRICT - TOWNSHIPS AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL UTILITIES TOTAL ADDISON 1 78,77 617,41 38,87,15 4,268,33 2 1. 1. 1. 1. 3 78,77 617,41 38,87,15 4,268,33 4 12 11 2 133 5 78,77 617,41 38,27,4 39,668,58 BLOOMFIELD 1 56,834,65 25,341,44 82,176,9 2 1. 1. 1. 3 56,834,65 25,341,44 82,176,9 4 1,479 13 1,492 5 56,834,65 25,341,44 82,176,9 BRANDON 1 2,54,28 133,83 56,159,23 58,833,34 2 1. 1. 1. 1. 3 2,54,28 133,83 56,159,23 58,833,34 4 254 1 9 264 5 2,54,28 133,83 56,159,23 58,833,34 COMMERCE 1 46,67,14 18,573,26 28,422,7 93,666,1 2 1. 1. 1. 1. 3 46,67,14 18,573,26 28,422,7 93,666,1 4 1,168 52 15 1,235 5 46,67,14 18,573,26 28,422,7 93,666,1 GROVELAND 1 3,57,6 1,122,87 17,51,2 22,131,13 2 1. 1. 1. 1. 3 3,57,6 1,122,87 17,51,2 22,131,13 4 156 6 13 175 5 3,57,6 1,122,87 17,4,5 22,29,98 HIGHLAND 1 8,987,19 4,821,88 16,5,6 29,814,13 2 1. 1. 1. 1. 3 8,987,19 4,821,88 16,5,6 29,814,13 4 519 16 5 54 5 9,1,49 4,821,88 16,5,6 29,828,43 Page 32 of 49

ASSESSING DISTRICT - TOWNSHIPS 216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY TOWNSHIPS (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL UTILITIES TOTAL HOLLY 1 4,254,82 2,47,8 1,185,74 16,847,64 2 1. 1. 1. 1. 3 4,254,82 2,47,8 1,185,74 16,847,64 4 37 16 5 391 5 4,321,18 2,47,8 1,185,74 16,914, INDEPENDENCE 1 21,768,1 3,79, 37,687,95 63,165,5 2 1. 1. 1. 1. 3 21,768,1 3,79, 37,687,95 63,165,5 4 857 12 9 878 5 21,768,1 3,79, 37,687,95 63,165,5 LYON 1 31,315,45 12,717,26 36,75,68 8,18,39 2 1. 1. 1. 1. 3 31,315,45 12,717,26 36,75,68 8,18,39 4 568 42 8 618 5 31,315,45 12,717,26 36,75,68 8,18,39 MILFORD 1 23,769,12 24,75,6 33,53,53 82,22,71 2 1. 1. 1. 1. 3 23,769,12 24,75,6 33,53,53 82,22,71 4 712 3 12 754 5 23,769,12 24,75,6 33,53,53 82,22,71 NOVI 1 172, 172, 2 1. 1. 3 172, 172, 4 3 3 5 172, 172, OAKLAND 1 6,191,51 1,326,25 27,566,45 35,84,21 2 1. 1. 1. 1. 3 6,191,51 1,326,25 27,566,45 35,84,21 4 169 1 1 18 5 6,191,51 1,326,25 27,566,45 35,84,21 Page 33 of 49

ASSESSING DISTRICT - TOWNSHIPS 216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY TOWNSHIPS (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL UTILITIES TOTAL ORION 1 3,755,81 32,24,2 42,113,7 14,892,9 2 1. 1. 1. 1. 3 3,755,81 32,24,2 42,113,7 14,892,9 4 996 43 13 1,52 5 3,764,4 32,24,2 42,113,7 14,91,13 OXFORD 1 1,788,82 12,464,58 41,261,19 64,514,59 2 1. 1. 1. 1. 3 1,788,82 12,464,58 41,261,19 64,514,59 4 68 47 9 664 5 1,788,82 12,464,58 41,111,2 64,364,42 ROSE 1 831,95 37,111,81 37,943,76 2 1. 1. 1. 3 831,95 37,111,81 37,943,76 4 53 11 64 5 831,95 36,814,93 37,646,88 ROYAL OAK 1 3,118,26 993,56 88,5 4,992,32 2 1. 1. 1. 1. 3 3,118,26 993,56 88,5 4,992,32 4 126 6 6 138 5 3,118,26 993,56 88,5 4,992,32 SOUTHFIELD 1 16,335,59 8,254,56 24,59,15 2 1. 1. 1. 3 16,335,59 8,254,56 24,59,15 4 849 14 863 5 16,335,59 8,254,56 24,59,15 SPRINGFIELD 1 7,62,8 3,674,7 45,862,2 56,599,7 2 1. 1. 1. 1. 3 7,62,8 3,674,7 45,862,2 56,599,7 4 182 23 12 217 5 7,62,8 3,674,7 45,862,2 56,599,7 Page 34 of 49

ASSESSING DISTRICT - TOWNSHIPS 216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY TOWNSHIPS (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL UTILITIES TOTAL WATERFORD 1 41,124,636 417,84 33,856,8 75,399,276 2 1. 1. 1. 1. 3 41,124,636 417,84 33,856,8 75,399,276 4 1,781 11 8 1,8 5 41,124,636 417,84 33,856,8 75,399,276 WEST BLOOMFIELD 1 34,776,7 31,289,72 66,65,79 2 1. 1. 1. 3 34,776,7 31,289,72 66,65,79 4 1,428 21 1,449 5 34,776,7 31,289,72 66,65,79 WHITE LAKE 1 14,113,85 1,223,62 24,93,85 39,431,32 2 1. 1. 1. 1. 3 14,113,85 1,223,62 24,93,85 39,431,32 4 455 7 18 48 5 14,113,85 1,223,62 24,93,85 39,431,32 TOTAL TOWNSHIPS 1 365,526,876 12,977,22 592,214,83 1,78,718,926 3 365,526,876 12,977,22 592,214,83 1,78,718,926 4 12,832 324 234 13,39 5 365,615,766 12,977,22 591,66,88 1,77,659,866 Page 35 of 49

216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY CITIES (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE ASSESSING DISTRICT - CITIES AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL UTILITIES TOTAL AUBURN HILLS 1 115,174,92 126,44,89 2,489,62 262,15,43 2 1. 1. 1. 1. 3 115,174,92 126,44,89 2,489,62 262,15,43 4 1,548 25 17 1,77 5 115,174,92 126,44,89 2,489,62 262,15,43 BERKLEY 1 6,686,2 87,41 5,478,45 12,251,88 2 1. 1. 1. 1. 3 6,686,2 87,41 5,478,45 12,251,88 4 571 2 4 577 5 6,686,2 87,41 5,478,45 12,251,88 BIRMINGHAM 1 42,959,31 51,5 2,213,5 63,223,86 2 1. 1. 1. 1. 3 42,959,31 51,5 2,213,5 63,223,86 4 1,611 1 3 1,615 5 42,959,31 51,5 2,213,5 63,223,86 BLOOMFIELD HILLS 1 17,827,95 5,689,15 23,517,1 2 1. 1. 1. 3 17,827,95 5,689,15 23,517,1 4 521 5 526 5 17,827,95 5,689,15 23,517,1 CLARKSTON VILLAGE 1 1,342,37 51,12 1,852,49 2 1. 1. 1. 3 1,342,37 51,12 1,852,49 4 111 2 113 5 1,342,37 51,12 1,852,49 CLAWSON 1 6,341,95 774,81 4,239,81 11,356,57 2 1. 1. 1. 1. 3 6,341,95 774,81 4,239,81 11,356,57 4 529 1 3 542 5 6,341,95 774,81 4,232,81 11,349,57 Page 36 of 49

ASSESSING DISTRICT - CITIES 216 ANALYSIS BY CLASS OF PROPERTY VALUATIONS BY CITIES (1) ASSESSED VALUES BY CLASS (2) EQUALIZATION FACTOR (3) EQUALIZED VALUES BY CLASS (4) PARCEL COUNT (5) TAXABLE VALUE AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL UTILITIES TOTAL FARMINGTON 1 5,966,34 2,181,93 6,49,56 14,197,83 2 1. 1. 1. 1. 3 5,966,34 2,181,93 6,49,56 14,197,83 4 613 7 3 623 5 5,966,34 2,181,93 6,49,56 14,197,83 FARMINGTON HILLS 1 118,227,17 34,399,57 5,672,29 23,299,3 2 1. 1. 1. 1. 3 118,227,17 34,399,57 5,672,29 23,299,3 4 2,886 98 12 2,996 5 118,229,9 34,399,57 5,67,31 23,299,78 FENTON 1 15,3 15,3 2 1. 1. 3 15,3 15,3 4 1 1 5 15,3 15,3 FERNDALE 1 13,988,71 16,284,92 11,672,28 41,945,91 2 1. 1. 1. 1. 3 13,988,71 16,284,92 11,672,28 41,945,91 4 834 56 6 896 5 13,988,71 16,284,92 11,672,28 41,945,91 HAZEL PARK 1 6,669,77 1,268,15 6,448,35 14,386,27 2 1. 1. 1. 1. 3 6,669,77 1,268,15 6,448,35 14,386,27 4 515 23 3 541 5 6,651,43 1,268,15 6,448,35 14,367,93 HUNTINGTON WOODS 1 1,396,69 2,922,17 4,318,86 2 1. 1. 1. 3 1,396,69 2,922,17 4,318,86 4 155 5 16 5 1,396,69 2,922,17 4,318,86 Page 37 of 49