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Taxable values up slightly across Alpena Co.

Submitted by on November 1, 2018 – 3:33 amNo Comment

Taxable values in Alpena County are up for the second year in a row following six consecutive years of decline.

County Commissioners received an overview of the 2018 apportionment report when they met this week.

The report shows countywide millages, a list of collecting units, and millage rates levied by all taxing authorities – including the city and all eight townships.

Commissioners also received a report on taxable values for 2018.  The report shows the total taxable value of all properties in the county, both real and personal, is approximately $918 million, an increase over 2017’s total of nearly $12 million or 1.32 percent.

According to Ted Somers, the county’s equalization director, the increase in taxable values equates to a roughly $57,500 increase in revenue for the county.  He said the increase comes directly from higher taxable values since millage rates remain unchanged.

The annual apportionment report is due to the State of Michigan no later than October 31.