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Alpena County adopts 2025 equalization report; county equalized value rises about 10.17%

3079352 · April 22, 2025
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Summary

The Alpena County Board approved the 2025 equalization report, which recommends an equalized value of $1,827,263,179 and a taxable value of $1,262,457,797, increases of 10.17% and 6.39% respectively over 2024.

The Alpena County Board of Commissioners on April 10 adopted the county's 2025 equalization report, which sets recommended equalized and taxable values for state certification.

The county's equalization department presented a recommended 2025 equalized value of $1,827,263,179, an increase of 10.17% over 2024, and a recommended taxable value of $1,262,457,797, an increase of 6.39% over 2024. The presenter said residential property accounted for the largest increase, rising approximately 10.06% year over year; Wilson Township recorded the largest unit-level increase in taxable value at 13.36%.

The report includes county totals for real and personal property equalized values and unit-level schedules. The presenter stated the county equalized value for real property is $1,722,090,407 and for personal property $105,172,779; board number references and certification pages (including a certification by the equalization director) will be signed and submitted to the State of Michigan as required.

The board moved to adopt the report and to authorize the chair, county clerk and equalization director to sign the remaining documents for submission to the state; the motion passed on voice/roll-call vote.

Why it matters: The county's equalized and taxable values form the basis for levy calculations, state reporting and allocation of some state-shared revenues. Changes in equalized or taxable value affect taxing jurisdictions and can influence revenue projections for schools, townships and the county.

Ending: Staff said there were no unit-level assessment imbalances requiring adjustment this year and that the department prepared charts and schedules for reference. The board approved the certification requested by the equalization department and directed staff to file the required materials with the State of Michigan.