WebMay 7, 2024 · But where things get complicated, and misunderstood, is via a 1978 amendment to the Michigan Constitution known as the Headlee Amendment. It states that non-homestead millages can be rolled back in the right economic circumstances – primarily rising property values and low inflation rates. WebSep 23, 2024 · 2024 MI HB5337 (Summary) Property tax: Headlee; calculation of Headlee rollback; modify. Amends sec. 34d of 1893 PA 206 (MCL 211.34d).
The Headlee override - Huron Daily Tribune
WebMar 7, 2024 · “The 1978 Headlee Amendment requires voter approval before local governments can levy new taxes or increase existing tax rates, but taxes authorized prior to adoption of the amendment do not require voter approval,” according to the Citizens Research Council of Michigan. WebFeb 14, 2024 · The Headlee millage reduction fraction intends that, ignoring additions and losses, any current operating millage must be reduced if it would produce more tax … santa on roof decoration
Bulletin 2 of 2024 Millage Requests and Rollbacks …
WebThe term “Headlee Rollback” became part of municipal finance lexicon in 1978 with the passage of the Headlee Amendment to Michigan’s Constitution. In a nutshell, Headlee … WebIn 1978, voters approved an amendment to the Michigan constitution known as the Headlee Amendment. Headlee protected property owners from increases in taxes by rolling back the tax rates of millages so that growth would not exceed the rate of inflation from the existing tax base. In 1994, voters approved the Michigan Education WebMar 21, 2024 · Headlee and Proposal A Explained for Michigan Counties DOWNLOAD FILE November 1, 2024 - Author: Robert Kleine, Interim Director and Mary Schulz Center for Local Government Finance and Policy Michigan has more restrictions on the revenue raising ability of local governments than almost any other state. shorts and sleeveless top