  Mheri Member Username: Mheri Post Number: 1 Registered: 12-2005 Posted From: 69.246.107.106 |
Has anyone heard any recent news on bringing the millage rate down for new Detroit home buyers? I just moved here this summer and would really like to buy a home in the University District area, but the tax burden is making me consider other areas. If they are still working this in Lansing, any idea on when it will pass? | ||
Mcp001 Member Username: Mcp001 Post Number: 1972 Registered: 11-2003 Posted From: 69.14.135.95 |
Is this what you're asking about? A version has passed in the Michigan House & Senate. Last I've heard, it's still waiting for the guv to sign off on it. | ||
Mheri Member Username: Mheri Post Number: 2 Registered: 12-2005 Posted From: 69.246.107.106 |
Not sure if that is it. I read an article a few months ago proposing the millage rate would go down from 67 mills to 52 (?). I never thought this much consideration would go into planning where we would live when we agreed to move here (not just with the taxes; the schools, city services, cost of homes...). | ||
Motorcitymayor2026 Member Username: Motorcitymayor2026 Post Number: 290 Registered: 10-2005 Posted From: 71.10.63.140 |
where are u currently living? you could move to an NEZ neighborhood which cuts taxes for 12 years, i thought university district was one of these neighborhoods | ||
Ndavies Member Username: Ndavies Post Number: 1469 Registered: 10-2003 Posted From: 68.255.237.214 |
The NEZ's currently only apply to new or recently rehabbed developments where the developers have applied for NEZ status. Examples of this would be The Crosswinds condos in Brush Park, North Corktown, the Park Shelton and the lofts at new center. The new bills are intended to extend the amount of property allowed to be NEZ's and allow them to be used for non-rehabbed homes. These are the only bills that have been introduced to reduce city property taxes. I haven't yet heard how the new NEZ's will be assigned. | ||
Dougw Member Username: Dougw Post Number: 919 Registered: 11-2003 Posted From: 70.145.43.248 |
MHeri, the bills pointed out by Mcp001 are the ones you're thinking of. Here are a couple of articles referring to the bill numbers and the amount of the cut... http://64.233.187.104/search?q =cache:t9kQYIGWrjkJ:www.detbuz z.com/fridayreport.php+%22SENA TE+PASSES+BILLS+TO+CUT+PROPERT Y+TAXES%22&hl=en http://www.americancityandcoun ty.com/mag/government_housing_ boom_spells/ (I didn't find a single article linking both. But the above bills would cut the city & county share of the homestead property tax by half, but not the state property tax, which should work out to a cut from 67 to around 52 mills.) I believe the only remaining steps are for the governor to sign, and then the city council to approve. As Ndavies says, the big question after that is where the new NEZ's will be assigned. I don't have much of an idea on that, other than that I'm guessing it would be the more historic/stable neighborhoods with higher assessments. | ||
Dougw Member Username: Dougw Post Number: 934 Registered: 11-2003 Posted From: 68.73.197.240 |
This new Crain's article describes the proposed cuts pretty well: http://www.crainsdetroit.com/c gi-bin/article.pl?articleId=28 534 Excerpt:
One question I have for those in the already existing NEZ's such as Brush Park. Are your taxes reduced from 67 mills to roughly 52 mills? Somehow I thought the tax discount was greater than that for those neighborhoods. | ||
1honey Member Username: 1honey Post Number: 45 Registered: 02-2005 Posted From: 208.39.170.90 |
Thanks for sharing that article Dougw. | ||
Jt1 Member Username: Jt1 Post Number: 6338 Registered: 10-2003 Posted From: 198.208.159.19 |
Does anyone know when some of the debt service on our taxes will end. I believe that about 20 mills is for debt service. I assume that this is for a fixed period of time then can be renewed or ended, hopefully ended. Anyone have specifics on how this works? | ||
Dougw Member Username: Dougw Post Number: 935 Registered: 11-2003 Posted From: 136.1.1.154 |
Good question Jt1, I don't know offhand though. I was trying to find the breakdown online of which of the 67 mills currently goes to what (what goes to the state vs county vs city etc), and found this article, which breaks it down in the sidebar: http://www.detnews.com/2005/me tro/0505/27/A01-195630.htm • State education tax 6 mills • General city tax 19.962 mills • Garbage disposal 2.9943 mills • Debt service 7.4796 mills • Library tax 3.63310 mill • School bond debt 13 mills • Wayne County tax 7.822 mills • Huron-Clinton Metropolitan Authority .2154 mills • Wayne County Community College 2.4844 mills • Intermediate School District 3.4643 mills Total : 67.0551 mills Also, the very end of this NEZ document lists the current NEZ rates: http://www.michigan.gov/docume nts/2704_packet_113571_7.pdf Non-homestead rate for 2004: 51.68 Less 18 mills for homestead rate: 33.68 NEZ rate (1/2 statewide homestead rate): 16.84 The only thing I'm not sure about is exactly which of the items in the first list are affected by the homestead calculations. (i.e. which items make up the 33.68... probably not the debt service for example) | ||
Jt1 Member Username: Jt1 Post Number: 6340 Registered: 10-2003 Posted From: 198.208.159.19 |
Homestead deducts the school operating which I believe is 18 mills. The 67 is the homestead amount as the 18 mills for school operating have already been deducted so it is 85.0551 for non-homestead and 67.0551 for homestead. Of that over 20 mills is for debt service. When (if ever) those expire then the mill rate will be competitive again. The question is when will they expire or are they continually renewed: • Debt service 7.4796 mills • School bond debt 13 mills Take that component away and homestead is 46.58. That is much, much more competitive. | ||
Hamtramck_steve Member Username: Hamtramck_steve Post Number: 2601 Registered: 10-2003 Posted From: 69.208.112.135 |
The bonds for the incinerator are paid off in 2007 IIRC. Kwame mentioned this past summer letting those mills fall off, although I don't remember the amount. | ||
Bvos Member Username: Bvos Post Number: 1154 Registered: 10-2003 Posted From: 66.238.170.40 |
The bill has passed! Here's a link to the Crain's article that all can access due to it beign in the Breaking News section: http://www.crainsdetroit.com/c gi-bin/news.pl?newsId=7642 Relief is in site! Can't wait till this thing comes through this year. I just paid my property tax bill and was blown away with the cost (as I am every year). The wife and I will now consider staying in Rosedale Park for a few more years instead of moving to a new NEZ project. Taxes in neighborhoods with property values of $100,000 or greater are killer! | ||
Dougw Member Username: Dougw Post Number: 936 Registered: 11-2003 Posted From: 136.2.1.101 |
Yes, good news... City Council is the final hurdle. I guess the real battle there will be approving which neighborhoods will be in the NEZ. | ||
Alexei289 Member Username: Alexei289 Post Number: 957 Registered: 11-2004 Posted From: 68.61.183.223 |
I am planning on moving in or near Indian Village, I REALLY, REALLY hope that this new NEZ thing will include that area.. as it will definatly make a big difference in my decision to move there. Is this probably the case? or am i just doing some wishful thinking.? I saw it mentioned... but could this really have some teeth? | ||
Gildas Member Username: Gildas Post Number: 322 Registered: 12-2004 Posted From: 147.240.236.8 |
They should reduce our garbage collection millage if we will no longer have bulk pickup. Why continue to pay taxes for a service that is no longer provided. | ||
Jt1 Member Username: Jt1 Post Number: 6353 Registered: 10-2003 Posted From: 198.208.159.17 |
Now will this help increase the values of the homes in the designated areas. I would figure since one component falls one may go up. As I see it people will be willing to pay a bit more for a house if they are paying less for taxes. Any thoughts on stimulating increases in housing prices? | ||
Hamtramck_steve Member Username: Hamtramck_steve Post Number: 2605 Registered: 10-2003 Posted From: 136.181.195.17 |
It's not a 1 to 1 correlation, but generally higher millage rates tend to keep housing prices lower relative to areas with lower rates. There are too many other factors for anyone to make sharp claims one way or the other. | ||
Jt1 Member Username: Jt1 Post Number: 6354 Registered: 10-2003 Posted From: 198.208.159.17 |
Now can they tackle the insurance problem? If so those are two major victories. | ||
Ndavies Member Username: Ndavies Post Number: 1501 Registered: 10-2003 Posted From: 129.9.163.233 |
I don't see this as a major victory. This is just a minor patch of the real issue. Taxes for both individuals and corporations need to be slashed citywide. The budget needs to be cut substantially and taxes lowered to match the cuts. This is just a way to hide from the real problem. | ||
Jt1 Member Username: Jt1 Post Number: 6355 Registered: 10-2003 Posted From: 198.208.159.17 |
Not a major victory at the city level as you are correct it is a band aid but it may be seen as a major victory to keep costs a little lower to help keep people in the city. Definitely short term but necessary. | ||
Dougw Member Username: Dougw Post Number: 938 Registered: 11-2003 Posted From: 136.1.1.101 |
I basically agree that it is a band-aid for the city overall, and there is an element of unfairness to it. But, it is better than nothing, and is not permanent. | ||
Mrsjdaniels Member Username: Mrsjdaniels Post Number: 141 Registered: 08-2005 Posted From: 141.217.46.39 |
They should reduce our garbage collection millage if we will no longer have bulk pickup. Why continue to pay taxes for a service that is no longer provided. ------ ITA - unless they are willing to lower the waste mil of the taxes or lower the water bill for waste its time to raise some cane! | ||
Ilovedetroit Member Username: Ilovedetroit Post Number: 1944 Registered: 02-2005 Posted From: 69.246.4.29 |
I agree it is not the best solution but for now I will take it. | ||
1honey Member Username: 1honey Post Number: 65 Registered: 02-2005 Posted From: 208.39.170.90 |
raise some cane! Yes, indeed!!! | ||
Dougw Member Username: Dougw Post Number: 942 Registered: 11-2003 Posted From: 68.73.58.168 |
Front page article about this in today's paper... http://www.freep.com/apps/pbcs .dll/article?AID=2005601130428 | ||
Fnemecek Member Username: Fnemecek Post Number: 1444 Registered: 12-2004 Posted From: 70.227.85.192 |
I want to know why it is that the City can find a way to cut property taxes, but they can't find a way to hire enough cops to respond properly to all of the 9-1-1 calls. | ||
Bvos Member Username: Bvos Post Number: 1156 Registered: 10-2003 Posted From: 69.212.41.10 |
I don't know if it would be possible to raise sugar cane in Detroit. I suppose their are plenty of empty lots on which this could be tried though. I bet raising some cain would be much more effective in changing city government than raising sugar cane if that's what you are trying to do. | ||
Eevdetroit Member Username: Eevdetroit Post Number: 17 Registered: 04-2004 Posted From: 68.74.5.31 |
Ok, today is the day to pay the piper if you live in the city of Detroit. Easy enough, it's due on the 15th, which is a Sunday, ok opps. It's a large drain on your finances, wait to pay it at the last moment. OOPS again. You cannot pay it on Sunday because the banks and offices are closed, then pay it Monday. But Monday is a holiday. OOPS again. Ok, pay it on line, just go to the front of your tax bill to pay it at: www3.ci.detroit..... WWW3?? what kind of an address is that? Your search engine takes you to an option of Mobly for city council? If I make my payment there, it goes to Mobly campaign fund. OOPS again Ok, I figured it out, WWW (not WWW3) an obvious typo on the part of the city tax department, they are entitled to that. Finally get to the site to pay your taxes on line, and now you need to pay a "convenience" fee, ok probably 3.00 or so... NOPE a fee of 80.00 to pay your taxes on line. I would expect 3.00 is convenience. Oh and look at what it says on your tax bill, Principal Residence Exemption, if it says 0.00 you do not have the exemption. (but you have had the exemption in the past) So you spend 2 hours at city hall to find out that "thats a typo" sorry sir.... (i count it as that's ANOTHER typo) and by the way, it also states that any errors on your tax calculation will be made up on your next tax bill. OK, i made a TYPO when paying my summer tax and switched two numbers around and BINGO, I got a penalty! Most businesses that are struggling to make it, go out of the way for their customers to become the "easy to do business with companies" However, this business (City of Detroit) goes out of its way to make it so hard to do business with, why live here????? Well, I know most of you are saying "if you don't like it get the f out.. well if I could get a decent price for my house I would but I am stuck.. Just venting | ||
1honey Member Username: 1honey Post Number: 70 Registered: 02-2005 Posted From: 205.188.116.137 |
Well, I know most of you are saying "if you don't like it get the f out.. well if I could get a decent price for my house I would but I am stuck.. I would join you!!! |
