Charter Township of Monitor

Assessing

Beth L. Patterson

MAAO MCPPE

Assessor

Deputy Supervisor

assessor@monitortwp.org

The Assessing office maintains all assessment records for residential, commercial and industrial properties within the Township. Information available through our Online Property Inquiry includes: parcel number and address, legal description, general building description, square footage, year built and building sketch. Lot sizes are available in our office. Assessment Notices are sent to property owners by late February every year.

If you are making non-structural changes to your home in the way of normal repair, replacement or maintenance, you should file Form #865 which would exempt the cost of these improvements from assessment until the property is sold.

Terms:  Jan 1, 2021 - Dec 31, 2022

Terry M. Spencer - Secretary

Paul Wenzloff        

Robert Kienbaum   

Darlene Trigg       

Wade Eckenrod - Alternate  

Michigan Property Tax Estimator

You can now access estimates on property taxes by local unit and school district, using 2018 millage rates. Simply enter the SEV (for future owners) or the Taxable Value (for current owners), and select your county from the drop down list provided. You will be prompted to select your city, village/township and your school district.  Click Here for Calculator Access

Assessor's office responsibilities

Analyze market transactions to establish assessments in accordance with Michigan Statutes.

Maintain accurate records and provide easily accessible information to the community, other Departments and Township Board.

Utilize education and training to refine and update our skills and knowledge and implement programs to provide meaningful educational materials to the public.

Complete tasks in a timely, cost-effective manner by following an organized plan.

Assessing OVerview

Michigan Statutes require that all Real and Personal Property, subject to taxation, shall be assessed annually.

Assessments are estimated at 50% of the property`s Market Value. However, property owners pay taxes based on the property`s Taxable Value. Taxable Value is the lesser of Assessed Value (SEV) or the prior year`s taxable value minus losses, increased by the lesser of 5% or the Inflation Rate Multiplier, plus Additions. A transfer of ownership will change the taxable value to the assessed value in the year following the transfer of ownership.

Example:
$100,000 Taxable Value
25 Millage Rate (Dollars per Thousand)
$2500 Estimated Annual Tax Bill

Personal Property

Business Personal Property generally consisting of office furniture and fixtures, machinery and equipment, computers, etc, is subject to taxation in the State of Michigan. Normal household furnishings are specifically exempted from personal property taxation.

Owners of assessable personal property are required to file a personal property statement on or before February 20th of each year. This date may vary for a certain type of personal property.

Contact the Assessor`s Office should you have questions about assessable personal property.

Principal Residence exemptions

To claim a PRE, complete the Principal Residence Affidavit Form 2368 and file it with your Township the year of the claim. A valid affidavit filed on or before June 1st allows an owner to receive a PRE on the current year Summer and Winter tax levy and subsequent tax levies so long as it remains your principal residence. A valid affidavit filed after June 1st and on or before November 1st allows an owner to receive a PRE on the current Winter tax levy and subsequent tax levies so long as it remains your principal residence. Your annual Assessment Notice will indicate whether your home is 100% homestead or PRE, or some percentage thereof.

PRE’s are exempt from some school operating millage rates. A property owner shall only be permitted one principal residence exemption. A signed affidavit is required from the property owner to be eligible. NOTE: It is the responsibility of the homeowner to file this affidavit. They do not expire unless they are rescinded. Please contact the Assessing Office should you have any questions about Principal Residence Exemptions.

ASSESSING FAQ

The Assessed Value of your property reflects an estimate of 50% of your property value. This estimate is based on sales of similar homes within the same or similar neighborhoods. Your Assessed Value changes to reflect the change in selling prices of similar homes. Additionally, property improvements may increase your Assessed Value.

Taxable Value is the amount on which a property owner pays property taxes. Taxable Value is the lesser of Assessed Value (SEV) or the prior year`s taxable value minus losses, increased by the lesser of 5% or the Inflation Rate Multiplier, plus Additions. A transfer of ownership will change the Taxable Value to the assessed value in the year succeeding the transfer of ownership.

Losses are the removal of property, such as removal of a garage. An Addition includes finishing a basement, building a deck, and other improvements.

Over the years, the majority of property values in Monitor Township have increased in value greater than the IRM.  However, many neighborhoods are now experiencing a decline in the market value. The constitutional amendment know as Proposal A requires that the Taxable Value increase by the IRM, however it cannot exceed the Assessed Value.


Some property owners have a significant difference in the amount of their Assessed Values and Taxable Values. Assessed Value represents 50% of the estimated property value. Taxable Value is a mathematical formula which is based on the preceding year`s Taxable Value increased by the Inflation Rate Multiplier (IRM).  The IRM is determined by the entire State and applied by each municipality. Taxable Value may also increase for physical additions and decrease for physical losses.


The year after you purchase your home or lot, the Taxable Value is uncapped` and becomes the same amount as the Assessed Value for that year only. Each year thereafter, the Taxable Value is adjusted by the IRM in the same manner as described above.


Proposal A mandates that the Taxable Value is adjusted each year by the IRM. The assessed Value is adjusted each year based on sales studies. Sales studies are based primarily on actual sales of similar homes in similar areas. The sales analysis may indicate that the market value should increase, decrease or stay the same.


If the Assessed Value of the home is determined to be less than the Taxable Value which has been adjusted by the I RM, the Assessed Value (the lower value) becomes the Taxable Value. Taxable value is the amount on which property taxes are calculated.

Each property is valued annually. Property owners are notified annually of their revised assessment. Review the Assessment notice carefully. If you dispute the Assessed Value, the Assessor`s Office recommends that you discuss your Assessed Value and the calculation Taxable Value with our office. Also, visit the Assessor`s Office to inspect your property record for accuracy.  The property owner may appeal his/her Assessment to the March Board of Review. Taxable Value may change as a result of an Assessment revision, however, may not be appealed independently of the Assessment.

 

The Assessment Notice lists the date that the March Board of Review is in session.  The March Board of Review conducts informal hearings on the current year`s Assessment. Valuation disputes may not be heard by the Board of Review after their March Board sessions have closed. Therefore, it is important that property owners disputing their assessment file their appeal timely.

The Monitor Township Board of Review consists of three members. These three members are appointed by the Township Board in accordance with the Michigan General Property Tax Act.

If you dispute the decision of the March Board of Review, a property owner may appeal to the Michigan Tax Tribunal. The appeal must be filed with the Tribunal.  Certain appeals may require an appearance before the March Board of Review before you may appeal to the Michigan Tax Tribunal.

Virtually all the Assessment records are available to the public. Property owners may examine their property records as well as any other property in the Township.

March Board of Review

The Monitor Township Board of Review for 2021 will be held at the Monitor Township Hall, 2483 Midland Road, Bay City on the dates and times listed below.  Members and attendees will be required to wear a mask at all times during the proceedings and follow recommended public gathering state guidelines.  Virtual attendance is available.  Both in-person and virtual appointments for assessment appeals are required and can be made by calling (989) 684-7203 X 104 or by emailing assessor@monitortwp.org.  Appeals can also be made in writing and mailed to our at 2483 Midland Road, Bay City MI 48706 or emailed to assessor@monitortwp.com.  Written appeals can also be deposited in our secure 24-hour drop box.  The required Petition Appeal Form 618/L-4035 can be found here or can be mailed if a timely request is received. 

For those who would like to attend the March Board of Review or have a VIRTUAL APPOINTMENT you may access the proceedings via the information below:

Please join my meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/266930885

You can also dial in using your phone.

(For supported devices, tap a one-touch number below to join instantly.)

United States: +1 (571) 317-3122

One-touch: tel:+15713173122,,266930885#

Access Code: 266-930-885

New to GoToMeeting? Get the app now and be ready when your first meeting starts: https://global.gotomeeting.com/install/266930885

Organization Meeting Only

No Public Appeals 

Tuesday, March 2, 2021 at 10:00 am

Appeal Hearings-By Appointment

Wednesday, March 10, 2021                          9:00 am-4:30 pm

Thursday, March 11, 2021                               6:00 pm – 9:00 pm

If Required: Monday, March 15, 2021 10:00am

NOTE:  FOR ALL APPEALS, the Petition Form 618/L-4035 and ALL supporting documentation MUST be received in our offices on or before Friday, March 5, 2021 by 4:00 pm

If future guidance requires us to only meet by electronic/virtual means, an updated Public Notice will be posted no less than 18 hours prior to the meeting as required by PA 228 of 2020.  The notice will include the specific telephone number an/or internet address to attend via phone or computer and offer information to assist those with inadequate access or skills required to participate.