12-13-2024 Ways & Means Committee

Eaton County Ways and Means Committee · December 13, 2024

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2025 SEV and valuation class updates

Presentation

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Presenter reviewed taxable value (SEV) increases across property classes for the coming year: agricultural class up 8.3% countywide with townships ranging from ~10%–15% increases (Eaton Township +15.2%, Chester +13.8%, Brookfield +13.2%); residential class up 6.76% (City of Bellevue up 18.7%); commercial +3.39%; industrial +5.48% with Lansing up 9.4%. Presenter said appraisals matched sales closely (about $48.73/acre vs $48.78 sales).

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Eaton County Ways & Means met to review property valuation changes, approve staffing and benefits items, consider insurance renewals, obligate ARPA funds for a drainage project via a resolution and MOU, and vote to send a proposed dedicated public-safety millage to the full board for Wednesday. Multiple motions passed and the committee entered closed session to discuss collective bargaining and personnel settlements.

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Transcript

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