Assessing

Contact

Ann Ratliff
Assessor

1255 Delaware Avenue
Marysville, Michigan 48040

(810) 455-1346
assessor@cityofmarysvillemi.com

 

The Assessing Department is responsible for preparing regular and special assessment rolls, maintaining real and personal property record files, revising of assessment rolls, maintaining certification as required by law and preparing reports and administrative assistance regarding property, taxation and any other matters as required by the city.  The Assessing Department interfaces with the State Tax Commission, Michigan Tax Tribunal, St. Clair County Equalization Department and City of Marysville Board of Review.  More specific duties include the following:

  • Monitor real estate transactions and building construction costs to determine property values.
  • Prepare appraisals of new or remodeled commercial, industrial and residential buildings; inspect buildings; evaluate construction blueprints and specifications; prepare diagrams and descriptions.  Compute property values for tax assessment purposes and make related entries in the assessing records.
  • Schedule/conduct periodic field inspections of all classes of property to locate unrecorded alterations and when necessary reappraise the property.
  • Meet with property owners regarding assessment and taxable value determinations.  Answer concerns and explain appeal procedures.
  • Represent the city before the city’s Board of Review, the State Tax Commission and the Michigan Tax Tribunal.  Work with the city attorney in the city’s defense.
  • Compile annual Ad Valorem, IFT, LDFA, and Special Assessment Rolls for Real and Personal Property by applying prescribed assessment rates to current property valuations.
  • Coordinate city appraisal and assessment activities with those of county and state authorities.
  • Prepare Industrial Facility Tax (IFT) Abatement requests.
  • Advise and assist the city on matters relating to property appraisals and assessments.
  • Prepare land division splits and parcel combinations.

Understanding the Assessment Process

On March 15, 1994, the voters of the State of Michigan approved Proposal A which included significant changes to Section 3 of Article IX of the State Constitution. This law limits the value used to compute property taxes. The following definitions may be helpful in understanding the assessment process.

Assessed Value – Value determined by the local assessor which is equal to 50% of true cash value.

Capped Value – The prior year’s taxable value minus any losses (demolition of a structure, etc.) multiplied by the Consumer Price Index (CPI) for the current year, plus any additions (new construction, etc.). The maximum increase in any one year is limited to 5% plus any construction changes. The capped value is a mathematical calculation which is mandated by the State of Michigan and no one on the local level has the authority to change it.

Taxable Value – The value on which property taxes will be computed. This is either the assessed value or capped value, whichever is less.

Market Value – This is the usual selling price of property on the open market with no stress or unusual conditions placed on the sale, not the actual selling price.

The following is a historical list of the Consumer Price Index (CPI) multiplier:

1995 1.026      2001 1.032      2007 1.037
1996 1.028      2002 1.032      2008 1.023
1997 1.028      2003 1.015      2009 1.044
1998 1.027      2004 1.023      2010 0.997
1999 1.026      2005 1.023      2011 1.017
2000 1.019      2006 1.033      2012 1.027

Property Transfer Information

If there was a transfer of ownership on your property last year, your taxable value for the current year will be the same as your state equalized value. Within 45 days of the property transfer, it is the buyer’s responsibility to file a Property Transfer Affidavit with the Assessor under authority of P.A. 415 of 1994. The information must include the parties to the transfer, the date of the transfer, the actual consideration for the transfer, and the property’s identification number or legal description.

Homeowners may also want to claim an exemption for property they own and occupy as their principal residence by completing the Homeowner’s Principal Residence Exemption Affidavit and filing it with the Assessor’s office before June 1st. If you are moving from one homestead to another, you may also need to file a Request to Rescind Homeowner’s Principal Residence Exemption Affidavit for your former residence. You may claim only one residence as your homestead. These forms are usually provided at a real estate closing.  However, copies of these forms may be obtained from the Assessor’s office or on-line through the Michigan Department of Treasury at http://www.michigan.gov/treasury.

Annual Notice of Assessment and Taxable Valuation

An annual “Notice of Assessment and Taxable Valuation” is mailed to each property owner in late February each year. The notice includes the property classification, along with a comparison of the current year and prior year taxable, assessed, and state equalized values. The notice will also list the percentage of the property which is claimed as a Homestead, and whether or not a transfer of ownership occurred in the previous year. Property owners should review all the information carefully, as this information becomes the basis on which taxes are levied.  This amount may only be disputed during the March Board of Review meeting.


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