Board adopts 2025 equalization reports; county equalized value rises ~5%
Lapeer County’s equalized value for 2025 increased about 5% from 2024 and taxable value rose roughly 5.3%; the board reviewed L‑4024/L‑4037 reports and moved to adopt the county equalization documents required by state law.
The full story
Lisa Griffin, the county’s equalization director, presented the annual review of assessment rules and told the board, “The value for 2025 represents a 5% increase county wide in the equalized value from 2024.” She added the taxable value for 2025 rose “approximately 5.3% on 2024.”
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