Report - Michigan’s Overlapping Property Tax Limitations Create an Unsustainable Municipal Finance System - Citizens Research Council of Michigan
States generally limit growth of property tax burdens in one of three ways – rate limit, assessment limit, or levy limit. Michigan uses all three, making it among the strictest property tax limitations of the states. Statutory tax rate limits, the Headlee Amendment’s assessment limit, and the taxable value system created by Proposal A all […]| Citizens Research Council of Michigan
