Stories indexed with the term ‘equalization report’

Equalization Report Shows Stronger Economy

Washtenaw County board of commissioners meeting (April 16, 2014): Most local governments in Washtenaw County will see increases in tax revenue this year, according to the 2014 equalization report that county commissioners approved on April 16.

Raman Patel, Conan Smith, Dan Smith, equalization, Washtenaw County board of commissioners, The Ann Arbor Chronicle

From left: Washtenaw County equalization director Raman Patel with commissioners Conan Smith (D-District 9) and Dan Smith (R-District 2) at the April 16, 2014 board of commissioners meeting. (Photos by the writer.

The report was presented by Raman Patel, the county’s long-time equalization director. “Washtenaw County is showing improvements in the market,” he told commissioners. “We are slowly regaining our county’s equalized base. It appears that the worst part of the decline in market value is behind us.”

For 2014, taxable value in the county increased 2.02% to $14.18 billion. That’s a greater increase than the 1.68% climb in 2013, and an improvement over declines seen in recent years. Patel cautioned that several factors are impacting revenue for local governments, including the phase-out of personal property taxes, a variety of exemptions, and tax capture from entities like downtown development authorities.

More of the tax burden is also being shifted to residential property owners, he noted, compared to other categories, like commercial property. The category of residential property accounts for 67.34% of total property value in the county. Five years ago, in 2009, it was 63%.

In other action on April 16, commissioners gave initial approval to distribute proceeds from a countywide tax on hotels and other accommodations. For 2013, $472,846 was available for distribution. If the resolution is given final approval, the county will keep 10% ($47,285) to pay for enforcement of the accommodation ordinance. The remainder will be divided between the Ann Arbor Convention & Visitors Bureau ($319,171) and the Ypsilanti Convention & Visitors Bureau ($106,390).

During public commentary, Mary Kerr, president of the Ann Arbor Convention & Visitors Bureau, and Jason Morgan, director of government relations for Washtenaw Community College, highlighted the union training programs that will be coming to the area this summer. The CVBs have been instrumental in recruiting these kinds of events to Washtenaw County.

Commissioners also gave initial approval to the annual Urban County action plan, which outlines proposed projects funded by the U.S. Dept. of Housing and Urban Development. The Urban County is a consortium of Washtenaw County and 18 local municipalities that receive federal funding for low-income neighborhoods. Members include the cities of Ann Arbor, Ypsilanti and Saline, and 15 townships.

Final authorization was given to a two-year pricing proposal – for 2016 and 2017 – to provide police services to local municipalities through contracts with the county sheriff’s office. And commissioners gave final approval to a new brownfield redevelopment plan for the Thompson Block in Ypsilanti’s Depot Town.

In other action, the board passed a resolution declaring April 13-19 as National Public Safety Telecommunicator Week in Washtenaw County. They also honored Dr. Eugene Glysson, who had served on the county’s board of public works (BPW) since 1986, and was its chair since 1996. He died on April 2.

Several issues were raised during public commentary, including concerns about emergency sirens installed by a pasture in Scio Township. The owner told commissioners that the sirens spook his horses, causing a dangerous situation if anyone is riding them or standing nearby. Other topics discussed by the public included the creation of a new group to help end homelessness, called Our 2020 Vision, and efforts by University of Michigan students to reduce the use of plastic bags by imposing a per-bag usage fee. They’re garnering support in part through a MoveOn.org petition. [Full Story]

Equalization Report: Taxable Value Up

Most local governments in Washtenaw County will see increases in tax revenue this year, according to the 2014 equalization report that county commissioners approved at their April 16, 2014 meeting. The report was presented by Raman Patel, the county’s long-time equalization director.

Equalized (assessed) value is used to calculate taxable value, which determines tax revenues for the county as well as its various municipalities and other entities that rely on taxpayer dollars, including schools, libraries and the Ann Area Arbor Transportation Authority, among others.

For 2014, taxable value in the county increased 2.02% to $14.18 billion. That’s a greater increase than the 1.68% climb in 2013, and an improvement over declines seen in recent years.

It’s also an improvement over projections made when … [Full Story]

Property Values Up, Budget Decisions Loom

Washtenaw County board of commissioners meeting (April 17, 2013): Major budget issues were the focus of the April 17 county board meeting, including news that tax revenues in 2013 will be higher than anticipated.

Raman Patel, Leila Bauer, Washtenaw County board of commissioners, The Ann Arbor Chronicle

From left: Raman Patel, Washtenaw County’s equalization director, greets Leila Bauer, chief deputy treasurer who is retiring after 41 years with the county. (Photos by the writer.)

After several years of reporting declining tax revenues, Raman Patel – the county’s equalization director – gave commissioners a report showing stronger signs of economic recovery, reflected in a 1.68% increase in taxable value. That translates into an estimated $2.327 million more in property tax revenues for county government than had been budgeted for 2013. [.pdf of Patel's presentation]

Also related to the budget, commissioners gave initial approval to a four-year budget planning cycle, a change from the current two-year cycle that’s been in place since 1994. Voting against the item was Ronnie Peterson (D-District 6). He and other commissioners expressed a range of concerns, including the fact that commissioners are elected every two years and therefore might not be able to contribute adequately to setting budget priorities. Although Peterson remained unconvinced, several commissioners observed that the annual budget affirmation process acted as a fail-safe, allowing the board to make adjustments based on changing priorities.

Another item that could have a dramatic impact on the county’s budget was only briefly mentioned: A proposal to issue up to $350 million in bonds to fully fund the county’s pension and retiree healthcare plans. It would be by far the largest bond issuance in the county’s history. County administrator Verna McDaniel plans to make a formal presentation about the proposal at the board’s May 2 working session. She distributed materials on April 17 to help commissioners prep for that meeting. [.pdf of bond proposal handout]

Commissioners also took a final vote officially to dissolve a countywide public transit authority known as the Washtenaw Ride. There was no discussion, but Conan Smith (D-District 9) – a vocal advocate for public transit – cast the sole vote against the resolution.

Other action handled by the board included a federal weatherization grant, a public hearing for the Urban County strategic plan, and resolutions honoring county employees and residents. Among them was Leila Bauer, the county’s chief deputy treasurer who is retiring after 41 years with the county. She received a standing ovation from the board. [Full Story]

Equalization: Washtenaw Property Values Rise

After several years of reporting declining tax revenues, Raman Patel had good news for Washtenaw County commissioners: Stronger signs of economic recovery, reflected in a 1.68% increase in taxable value. Patel, director of the county’s equalization department, briefed commissioners on the 2013 equalization report at the board’s April 17, 2013 meeting. The board later unanimously approved a resolution accepting the report.

Equalized (assessed) value is used to calculate taxable value, which determines tax revenues for the county as well as its various municipalities and other entities that rely on taxpayer dollars, including schools, libraries and the Ann Arbor Transportation Authority, among others.

For 2013, taxable value in the county increased 1.68% to $14.2 billion. That’s an improvement over declines seen in recent … [Full Story]

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 … [Full Story]

Report: Better-than-Expected ’12 Tax Revenue

Washtenaw County board of commissioners meeting (April 18, 2012): Most of the recent county board meeting was devoted to what’s become an annual ritual: Delivery of the county equalization report.

Raman Patel, Conan Smith

Raman Patel, left, Washtenaw County's equalization director, shares a laugh with county board chair Conan Smith before the April 18, 2012 meeting. (Photos by the writer.)

The report includes a calculation of taxable value for all jurisdictions in the county, which determines tax revenues for those entities that rely on taxpayer funding, including cities and townships, public schools, libraries and the Ann Arbor Transportation Authority, among others.

It was the 41st report that Raman Patel, the county’s equalization director, has completed – and he delivered some positive news. The county’s general fund budget was approved with a projection of $59.734 million in tax revenues. But actual revenues, based on 2012 taxable value, are now estimated at $62.395 million – for an excess in 2012 general fund revenues of $2.66 million.

Despite reporting better-than-expected taxable value, Patel cautioned that if the potential repeal of the state’s personal property tax is passed – being considered by legislators in a set of bills introduced last week – it could result in a loss of more than $5 million in annual revenues for the county government alone, and more than $40 million for all taxing jurisdictions in Washtenaw County.

Although most of the meeting focused on Patel’s presentation, other business covered a variety of issues. Commissioners discussed the next steps in an effort to deal with mandated animal control services in the county. A work group has met that includes representatives from the county, the Human Society of Huron Valley, and other municipalities that have animal control ordinances, such as the cities of Ann Arbor and Ypsilanti, and Ypsilanti Township. Some commissioners highlighted the need to develop a policy to guide the work group, which will give recommendations about the cost of animal control services.

Related to the March 15 tornado that touched down in the Dexter area, board chair Conan Smith reported that he had declared a state of emergency earlier this month and sent a letter to Gov. Rick Snyder requesting reimbursement to local municipalities for costs incurred as a result of the devastation. Local governments itemized about $1 million in costs, but the total – primarily in damages to residences – is estimated at over $9 million. [.pdf of Smith's letter to Snyder] [.pdf summarizing tornado-related expenses]

During the meeting, the board also passed a proclamation recognizing the National Training Institute, put on by the National Joint Apprenticeship & Training Committee – a partnership of the International Brotherhood of Electrical Workers (IBEW) and the National Electrical Contractors Association (NECA). The training institute is held in Ann Arbor at the University of Michigan and this year runs from July 25-Aug. 3, bringing more than 3,000 people to town. Commissioner Rob Turner, an electrical contractor, is a member of both the IBEW and NECA.

Among the other action items at the April 18 meeting, commissioners (1) set a public hearing for May 2 to get public input on an annual plan for the Washtenaw Urban County, which gets federal funding for projects in low-income neighborhoods; (2) authorized the issuance of up to $6 million in notes at the request of the Washtenaw County road commission, for work in Ypsilanti Township; and (3) approved the hiring of Nimish Ganatra as assistant prosecuting attorney over the dissent of Wes Prater, who objected to paying a salary above the midpoint range. [Full Story]

Washtenaw Taxable Value: Signs of Recovery

Following a presentation by Raman Patel, director of the county’s equalization department, the Washtenaw County board of commissioners approved the 2012 equalization report at its April 18, 2012 meeting. Equalized (assessed) value is used to calculate taxable value, which determines tax revenues for the county as well as its various municipalities and other entities that rely on taxpayer dollars, including schools, libraries and the Ann Arbor Transportation Authority, among others.

For 2012, taxable value in the county has fallen 0.77% to $13.7 billion. That’s an improvement over declines in recent years, when taxable value fell 2.85% in 2011 and 5.33% in 2010. It’s also a smaller decrease than was projected when preparing the 2012 budget. The general fund budget was approved … [Full Story]

Washtenaw County’s Taxable Value Falls

Washtenaw County board of commissioners meeting (April 20, 2011): The county’s finances were the focus of Wednesday’s meeting, which included a presentation of the annual equalization report. That report is the basis for determining taxable value of property in the county, which in turn indicates how much tax revenue is collected by local taxing entities. In the world of municipal finance, the equalization report is a very big deal.

Raman Patel

Raman Patel, director of Washtenaw County's equalization department, presented his annual report at the April 20, 2011 board of commissioners meeting. (Photos by the writer.)

Raman Patel, director of the county’s equalization department, told commissioners there was a 2.85% drop in taxable value this year. That’s an improvement over last year’s decline, when taxable value of property in the county fell 5.33%. It’s also a smaller decrease than was projected when preparing the county’s 2011 budget, which was built on the assumption of an 8.5% drop.

The impact on local taxing entities varies. The city of Ann Arbor saw a 1.21% drop, for example, while taxable value in Ypsilanti Township fell 11.39%.

The report also highlighted a shift in the county’s largest taxpayers. Just a few years ago, the top three taxpayers were Pfizer, General Motors and Ford. Now, they are Detroit Edison, McKinley Associates and Toyota.

The meeting also included a presentation of the 2010 comprehensive annual financial report, or CAFR. Kelly Belknap, the county’s finance director, highlighted the fact that the county ended 2010 with a $5.5 million general fund surplus – slightly more than the $5.3 million calculated to carry over into the 2011 budget. Mark Kettner from the accounting firm Rehmann Robson, which conducts the county’s audit, was also on hand to give a brief report on the 2010 audit.

In other business, the board approved an amendment to the brownfield plan for BST Investments in Dexter, and set two public hearings for their May 18 meeting related to brownfield plans that are being proposed: (1) Packard Square, a complex off of Packard Street on the site of the former Georgetown Mall; and (2) the LaFontaine Chevrolet redevelopment at 7120 Dexter-Ann Arbor Road in Dexter.

The board also authorized the office of the water resources commissioner to take court action in setting winter lake levels at Portage and Baseline lakes. The office operates the dam at Portage Lake that controls those levels.

During their time for communications, commissioners raised several issues, including: (1) a call to support the special education millage renewal, which is on the May 3 ballot; (2) discussions about consolidating the office of community development, ETCS (the employment training and community services department) and the economic development & energy department; and (3) what to do about the growing deer population.

Wednesday’s meeting began with a tribute to the long-time director of the Washtenaw Community Concert Band, Jerry Robbins. [Full Story]

Washtenaw Taxable Value Falls 2.85%

Following a presentation by Raman Patel, director of the county’s equalization department, the Washtenaw County board of commissioners approved the 2011 equalization report at its April 20, 2011 meeting. Equalized (assessed) value is used to calculate taxable value, which determines tax revenues for the county as well as its various municipalities and other entities that rely on taxpayer dollars, including schools, libraries and the Ann Arbor Transportation Authority, among others.

For 2011, taxable value in the county has fallen 2.85% to $14.08 billion. That’s an improvement over last year’s decline, when taxable value dropped 5.33%. It’s also a smaller decrease than was projected when preparing the 2011 budget. The budget was approved with a projection of $59.205 million in tax revenues. But actual revenues, based on 2011 taxable value, are now estimated at $62.878 million.

Taxable value is determined by a state-mandated formula, and is the lower of two figures: (1) a parcel’s equalized (assessed) value, or (2) a capped value calculated by taking last year’s taxable value minus any losses (such as a building being torn down), multiplied by 5% or the rate of inflation (whichever is lower – this year inflation is 1.017%), plus the value of any additions or new construction.

In 2011, some types of property saw greater declines than others, according to the report. Commercial property showed a 9.5% drop in equalized value, while equalized value for industrial property dropped 11.82%. Residential property value showed some signs of recovery, dropping 2.74% compared to a 5.69% drop in 2010.

This brief was filed from the boardroom in the Washtenaw County administration building, 220 N. Main St., Ann Arbor. A more detailed report will follow: [link] [Full Story]

Washtenaw Assessed Property Values Drop

Washtenaw County Board of Commissioners meeting (April 21, 2010): The economy was a theme throughout much of last week’s county board meeting, whether commissioners were hearing that this year’s tax revenues have fallen – but not as much as expected – or debating the virtues of a drug discount plan for residents. And concerns over the ability to pay additional road commissioners was one reason cited for tabling a motion to expand that group. The board also got an update on the Detroit Aerotropolis project, which is viewed by some as a way to boost economic development on the county’s east side.

Also at Wednesday’s meeting, commissioners authorized the issuance of up to $405,000 in bonds for a porous pavement project on Sylvan Avenue in Ann Arbor – the Ann Arbor city council had approved a construction contract for the project at their April 19 meeting. The city is working with the county’s water resources commissioner on this effort. If successful, it could pave the way for more porous resurfacing of local roads.

In the category of the local agricultural economy, the board honored the Horning family of Manchester for their work as progressive dairy farmers – Earl Horning in turn invited the public to a June 26 “Breakfast on the Farm” event. “We’d like our city friends to come and visit us,” Horning told commissioners. [Full Story]

Washtenaw County: Equalize This

Washtenaw County Board of Commissioners (April 15, 2009): A report that’s crucial in calculating how much the county can collect in property taxes this year was delivered to the board, one of several budget-related topics as commissioners and the administration grapple with declining revenues and a multimillion-dollar deficit in the coming years.

County administrator Bob Guenzel, left, talks with county clerk Larry Kestenbaum during a break at the April 15 meeting of the Washtenaw County Board of Commissioners.

County administrator Bob Guenzel, left, talks with county clerk Larry Kestenbaum during a break at the April 15 meeting of the Washtenaw County Board of Commissioners.

As county administrator Bob Guenzel had foreshadowed at the commissioners’ April 11 retreat, the 2009 taxable value of property in the county fell 2.16%. It was the first time in 50 years that Washtenaw County saw a decline in both taxable value and assessed value – but it almost assuredly won’t be the last.

The board also took time to honor public health official Ellen Clement, who’s leaving the county staff after nearly 25 years, and to recognize Guenzel for his 35 years of service. He’ll be sticking around. [Full Story]