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Bay City officials consider tiered property-tax hardship exemption to help homeowners in poverty
Summary
City Assessor Wade Slivick and city appraiser Selena Christopher presented a plan to expand Bay City’s poverty-exemption program for owner‑occupied homes, proposing larger reductions for households at or below the federal poverty level; commissioners referred the measure to staff to explore additional discretion and fiscal language.
City Assessor Wade Slivick and the assessing office presented a proposal on Feb. 16 to expand Bay City’s poverty-exemption program, which reduces the taxable value of owner-occupied homes for households at or below the federal poverty level.
At the commission meeting, Slivick said the city is seeing an unusual 14% jump in residential market growth from 2024 to 2025 and that the assessing office identified roughly 300 homeowners in poverty who could be affected. “People under the federal poverty level receive a 25% discount on their taxes every year,” Slivick said, describing the current policy and the proposing office’s recommendation to increase that reduction to 50% for households at or below the poverty threshold and keep…
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