Draft County Apportionment Report Delivered
A preliminary apportionment report for Washtenaw County – giving details of the 2012 taxable valuations for property in the county, by municipality – was presented to county commissioners at their Oct. 17, 2012 board meeting. The report also includes the amount of millages levied and the dollar amounts collected in taxes. December tax bills will be mailed out to property owners based on these calculations.
In April, the county’s equalization department produces an annual report describing Washtenaw County’s total equalized (assessed) value of property. The report is part of a state-mandated equalization process, and gives an indication of how much revenue the county will receive from property taxes in the coming year. [See Chronicle coverage: "Report: Better-Than-Expected '12 Tax Revenue"]
Later in the year – in October or November – the equalization and property description department presents an apportionment report, which gives details of the taxable valuations for property in the county, by municipality. The report also includes the amount of millages levied and the dollar amounts collected in taxes. [.pdf file of 2012 preliminary apportionment report] Like the equalization report, the board is required by state law to vote on adopting the apportionment report.
This year, all the taxing entities in Washtenaw County will be levying in total about $621.687 million in property taxes – a drop from $622 million in 2011 and $639 million in 2010. The county alone will levy about $80.578 million this year, compared to roughly $81 million in 2011 and $83 million in 2010.
This brief was filed from the boardroom of the county administration building at 220 N. Main St. in Ann Arbor, where the board of commissioners holds its meetings. A more detailed report will follow: [link]