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County equalization report: SEV up 6.32% for 2025; veterans' exemptions reduce taxable revenues
Summary
Eaton County Equalization director reported a 6.32% countywide increase in State Equalized Value (SEV) for 2025, with residential and agricultural classes rising; the committee voted to forward the report to the full board for adoption.
EATON COUNTY, Mich. — Eaton County's Equalization director told the Ways and Means Committee on Apr. 11 that countywide State Equalized Value (SEV) rose 6.32% for 2025 compared with prior years' larger increases, and the committee recommended the report for full-board action.
Key numbers: The director reported a 6.32% increase in total SEV countywide, with class breakdowns including agricultural up 8.75%, residential up 6.85%, industrial up 5.09% and commercial up 3.4%. The total county SEV was…
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