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Treasurer walks commissioners through 2025 apportionment report, millage reduction fraction
Summary
Gratiot County Treasurer explained the components of the county apportionment report, showed how the millage reduction fraction is calculated and asked the board to approve the certification that determines millages to be levied in 2025.
Gratiot County Treasurer Jesse presented the county’s 2025 apportionment report and walked commissioners through the forms and calculations that determine how millages are certified and applied to taxable values.
The presentation summarized each piece of the apportionment paperwork: the L4028 intercounty millage reduction fraction form, the L4034 calculation worksheet and the L4029 tax rate request form used by taxing authorities to request levies. Jesse explained the millage…
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