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What the proposed 5.6529 millage increase would mean for Pierson homeowners
Summary
Staff walked the council through how millage rate changes translate to household tax bills, saying most homeowners could see annual increases of roughly $30–$80, while owners of larger parcels could face several hundred dollars more.
Staff explained the arithmetic residents use to estimate tax changes: multiply the assessed property value by the millage rate, then divide by 1,000. Using sample properties, staff said most homeowners would likely see increases in the range of $30–$80 a year if the higher millage is adopted; owners of very large parcels could see increases of several hundred dollars.
"If you had a real big piece of property, it might go a couple hundred bucks, but most people went anywhere from 30 to $80 more a year," staff said while summarizing illustrative calculations. Staff also noted agricultural exemptions limit increases for qualifying farmland, and cautioned that rising assessments or changes in exemptions could alter individual outcomes.
