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Finance committee approves Oakland County 2025 equalization report showing 6.3% increase in equalized value
2850693 · April 2, 2025
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Summary
County equalization staff presented the 2025 equalization report showing a recommended equalized value increase of about 6.3% over 2024; the report passed the committee and commissioners asked for follow‑up explanations on community variances.
Terry Schultz, a chief in the Equalization Department, presented the 2025 equalization report and recommended board approval. Schultz said the department’s recommended 2025 equalized value is roughly $113,400,000,000, which he described as “just roughly over 6.3% increase from 2024.” He said taxable…
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