Property Tax Information
The Village bills taxes once a year in July. Taxes can be paid through September 14 without penalty or interest. In addition to Village taxes, residents receive a summer bill from Vernon Township that can be paid through September 14 without penalty or interest also. The Township mails a third tax bill in December that can be paid through February 14 without penalty or interest.
2016 Village Tax Rate: General Operating Millage11.0043 mills
To estimate your Village tax, you will need your property’s most recent taxable value and us the following formula:
(Taxable Value x Millage Rate) / 1,000 = Village tax
Example: Taxable value of a home in the Village of $50,000
50,000 x 11.0043 / 1000 = $550.22
Yearly Garbage/Recycling Assessment:$154.00 per unit
Questions regarding your Village tax bill, contact the Village Office at 989-288-2300
For assessing information including year built, square footage or questions regarding your Township tax bill please contact Vernon Township at 989-288-4403
Late Tax Payments
After September 14, the Village will forward delinquent taxes to the Shiawassee County Treasurer for collection. For more information on late payments please contact the Treasurer office at 989-743-2224.
What is Taxable Value?
Taxable value is approximately 50% of the true value of your property at the time you purchased it, adjusted annually at the rate of inflation or 5%, whichever is less. The dollar amount of taxes that you pay is based on the taxable value of your home.
What is the State Equalized Value (SEV)?
SEV is 50% of the cash value of a property. Cash value is defined as the usual selling price; the total consideration agreed to in an “arm’s length” transaction, not a forced sale. SEV changes each year based on the value of your property.
Why did the taxes go up when I bought my new home?
When ownership of a parcel of property is transferred, the parcel will be assessed at 50% of the current true cash value – the taxable value is now based on the value of the property at the time it is sold.
What is the difference in taxes on a principal residence and non-principal residence property?
A “homestead” is your principal residence – you own and live in the home. Principal residence removes school operating taxes off your property. Non-homesteads (second homes, rentals, businesses, etc.) pay an additional $18 on each $1,000 of taxable value. For example: two houses in the Village have a taxable value of $50,000. The homestead pays about $2,000 in total property taxes, while the non-homestead pays about $2,900 each year.
Why do I have to file a "Property Transfer Affidavit"?
This form enables the county to keep yearly sales information up-to-date. The affidavit must be filed whenever a property changes ownership as this affects the taxable value of the property. Failure to file this form can result in penalties of $5 per day, up to a maximum of $200; filing is mandatory.
Why do I have to file a "Principal Residence Exemption Affidavit"?
If you own and live in a home, the Principal Residence Affidavit exempts you from paying eighteen additional mills (dollars) for each thousand dollars of the home’s taxable value. In other words, your taxes will be much higher if you do not file this form.
Why am I being taxed at non-principal residence rates?
If you just purchased the home, the former owner may not have filed for an exemption. The deadline to file for the exemption is May 1 or November 1 if purchased after May 1. If you purchased your home after May 1, you will receive the reduced tax rate that same year if filed before November 1 the following year, as long as you file the homestead exemption form when you buy the property. If you owned and occupied the house as your primary residence prior to May 1, please contact Vernon Township at (989) 288-4403 to have your status corrected.
Deferment of Summer Taxes
An owner of eligible property may file a completed summer property tax deferment form with the Township Treasurer before September 15, or before the date your summer taxes are due, whichever is later. The deferment allows summer property taxes to be paid on or before February 14 without any additional penalty and interest.
To see if you qualify for Summer Tax Deferment please click the link
For application for Deferment please click the link
Property Tax Exemption for Disabled Veteran
A Veteran who is disabled and was discharged from the armed forces of the United States under honorable conditions can annually file an Affidavit with the Township Assessor any time before the December Board of Review for real property tax exemption.
For Affidavit of Disabled Veterans Exemption please click link