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 neighbors. How much less safe, …less livable, or fewer services would you like? Even with the 1.9 mil increase we will have the 4th/5th lowest tax rate.
18 months ago: No one predicted that property values (the primary revenue source for cities) would drop so far or so quickly; No one predicted that GM & Chrysler would declare bankruptcy; No one predicted the bank/capital crisis.
