Property Tax Uncapping, Part 1 of 3: First, Some History
Since the introduction of the Headley amendment (Proposition A) to Michigan’s property tax laws, the property tax assessment has been divided into a Taxable Value (TV) and a State Equalized Value (SEV). The TV is what taxes are actually based upon. The TV may not increase by greater than the COLI or 5% whichever is
Property Tax Uncapping, Part 1 of 3: First, Some History Read More »
