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Equalization staff report 6.3% real property assessment increase countywide; commissioners ask for community-level charts
Summary
Macomb County equalization staff told the Finance, Audit and Budget Committee the 2025 equalized-value study shows a 6.3% overall increase in assessed real property values and a 6.7% increase for residential assessments; commissioners asked staff to provide community-level ratio charts and historical comparisons.
Kristen (equalization staff) presented the county’s 2024 study report for 2025 equalized values and told the Finance, Audit and Budget Committee Tuesday that the county’s overall real property assessment increased by 6.3% and residential assessments increased by 6.7%.
Kristen explained the process used this year: a 20% review of ag, commercial and industrial appraisals, plus a sales study for residential properties. She said assessors performed a larger-than-usual reappraisal effort and that staff "did about 43 100 appraisals" (as spoken in the meeting).
Commissioners asked for more granular materials. Chair Brown and other commissioners asked for a chart showing the percent change by local unit so members could compare communities such as Memphis and Centerline. Kristen said the report includes ratios and that she can provide year-over-year charts and the April equalization packet showing longer historical comparisons.
Context on taxable values and Headley Kristen explained the difference between assessed value, equalized assessment ratios and taxable value calculation; she noted the Consumer Price Index (CPI) is used in the taxable-value formula and quoted a CPI of about 3.1% for the year. Commissioners asked how the Headley (millage rollback) mechanism interacts with property sales and taxable values; Kristen explained that sales are not capped by the rollback and that Headley affects millage rollback calculations rather than assessment calculations.
Vote and next steps The committee voted 10-0 to receive the equalization study. Kristen said she will provide community-level ratio charts and the longer historical equalization tables in the April equalization report.
Ending Commissioners praised the thoroughness of the reappraisal work and asked staff to return with visualizations that make community comparisons easier for policymakers.
