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Committee roundup: online tax estimator, Oracle contract and $42M corporate tax reserve advance
Summary
The committee received a property-tax notice and online estimator demo, advanced an Oracle implementation contract ($449,396) to formal consideration, and approved sending a proposed $42 million corporate income tax reserve measure to formal review; staff also recommended a 10% fee increase for Detroit Health Department services and new NEZ certificates for 11 houses in East Village.
Detroit — At its Oct. 1 standing-committee meeting the City of Detroit’s Budget, Finance and Audit committee advanced several administrative and procurement items for formal consideration and received the monthly financial report.
Property tax outreach and estimator: Alvin Horne, deputy CFO and assessor, described two outreach letters — a notice of uncapping that will go to buyers after a sale and an annual "Five Things to Know" mailing — and demonstrated an online property tax estimator on the city's website that lets prospective buyers enter an address to see next year’s estimated tax. "It will go to every property owner who's bought a home…
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