In a nutshell: During the past decade, there has been a flurry of local property tax rate increases, especially in those communities with historically high tax burdens. The Citizens Research Council has documented how Michigan’s local governments’ heavy reliance on property taxes has challenged their ability to sustain revenues given Michigan’s constitutional and statutory property […]| Citizens Research Council of Michigan
In a Nutshell: Paying for Local Community Services The nearly $19 billion in property taxes collected each year funds Michigan’s essential local government services and public schools. And these taxes continue to rise. Since 2013, statewide property taxes have risen an average of four percent year over year. From 2021 to 2022, statewide property tax […]| Citizens Research Council of Michigan
In a Nutshell: Michigan’s counties, cities, villages, and townships are breathing a sigh of relief with the passage of next year’s state budget. In Fiscal Year 2025 (FY2025 runs October 2024-September 2025), revenue sharing payments – the sum of those obliged by the state constitution and those approved in the state budget – will increase […]| Citizens Research Council of Michigan