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Taxable value rises 4.47% countywide; heavy rollback reduces county tax rate to 5.2023
Summary
The county's Director of Equalization reported May 16 that taxable value rose about 4.47% this year while the heavy-roll back (Headley rollback) produced a county tax rate of 5.2023; several jurisdictions experienced significant increases and a few jurisdictions did not have rollbacks.
Tim, Eaton County’s director of equalization and property description, reported to the Ways and Means Committee on May 16 that the countywide taxable value increased 4.47% this year. Tim said the largest local increases included a roughly 10.9% rise reported for the City of Olivet and double-digit and mid-single-digit increases in other jurisdictions he listed.
Tim also presented the county’s heavy-roll back (also referred…
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