Annual equalization report reveals 7.6% increase in assessed property values

Berrien County officials are gearing up for this year's annual equalization process, with a significant report set to be released next week. During the Committee of the Whole meeting on April 17, 2025, Warren, a key presenter, outlined the essential details of the equalization process, emphasizing the extensive data collected this year.

A total of 77 appraisal studies and 33 sales studies were conducted, resulting in a comprehensive analysis of 190 assessment levels. This year's equalization report is expected to show a 7.6% increase in overall assessed values, a notable decrease from last year's 16% surge. Warren attributed this slowdown to a tapering off in the market, indicating that while property values continue to rise, the pace has significantly moderated.

Importantly, Warren confirmed that no adjustments to property classes are necessary, recommending a factor of 1 for all classes, which is considered ideal. He highlighted the relationship between taxable value changes and inflation rates, noting a 3.46% change in taxable value this year, down from 7.36% last year.

The upcoming report will provide a detailed breakdown of these findings, including official paperwork for each municipality. As the county prepares for the next steps in the equalization process, officials are optimistic about maintaining compliance and transparency in property assessments.