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Everyone Gets a Tax Cut in 2010

The assessments for residential properties will reduce taxable values by an average of 15% and assessed values by an average of 12% and for commercial property assessed values will be reduced by 17% this next year.  That means that everyone will pay less total real estate tax next year.  The total millage for all entities in Troy [...]

Posted by Adhetlefrutle on 14 Jan 2010 at 9:35 am under Troy Challenges, Troy Opportunities | Link

Troy has the lowest tax rate in southeast Michigan

Did you know that Troy has the lowest tax rate of any city in southeastern Michigan and yet is the safest city in the state, voted the best place to live by CNN and provides the highest level of citizen satisfaction for services. That tells me that we have had great management compared to our [...]

Posted by Adhetlefrutle on 05 Jan 2010 at 8:40 am under Leadership, Troy Challenges | Link

Up to 50% reduction in commercial property value in 3 yrs

Commercial Real Estate Taxable values drop by up to 50% in Oakland County, Michigan will effect Troy.

Posted by Administrator on 17 Dec 2009 at 10:14 pm under Troy Challenges | Link

Millage forum Thurs December 17 – 7PM

Thursday December 17, 2009 7PM at CMNTV Studios 1230 Souter Blvd, Troy 48083 Open forum on the proposed millage increase on February 23, 2010 Featuring open questioning of City Manager John Szerlag Sponsored by the Troy Leadership Coalition

Posted by Administrator on 16 Dec 2009 at 11:03 pm under Troy Challenges | Link