Board of Review scheduled in Morenci 2.25

Written by David Green.

Is it possible for a tax bill to go up when property values are heading downward?

Just wait until your property assessment statement arrives. You might see it happen.

Marty Marshall, director of Lenawee County Equilization Department, reminds property owners that taxes are based on the taxable value, a figure that related to the consumer price index (CPI)—the annual rate of inflation.

The CPI is calculated in Lansing based on a fiscal year that ends in September. In the next year, Marshall said, the inflation rate is expected to hit a record low, but that won’t help for current values.

The CPI takes into effect the high gasoline prices of the past year and the inflation rate came in at 4.4 percent.

Proposal A, approved by voters in 1994,  caps the rate of the taxable value increase to no more than five percent each year. This was done to provide a more predictable and stable increase to tax bills.

The taxable value will increase each year by the CPI until it reaches the State Equalized Value (SEV), which is 50 percent of the true cash value of a property.

Any property that had a taxable value less than the SEV in 2008 will be increased by 4.4 percent until it reaches the SEV.

That’s no comfort to the owners of property with a decreasing value, although property that’s declining in value should show a change in the SEV portion of assessment notices.

Morenci is one area of the county where the SEV now exceeds 50 percent which will result in in lowering the value. The multiplier listed for Morenci lowers SEV by -5.6 percent. In Seneca, the multiplier is -6.5 percent and in Medina Township it’s -3.7 percent (see chart below).

Notices should arrive in the mail soon to show changes in the SEV and the taxable assessments. Property owners will have the opportunity to challenge assessments at the annual board of review.

Morenci’s board will meet at city hall March 12. The tax roll will be open for public inspection March 3, 4 and 5 from 8 a.m. to 4 p.m. and again on March 12.

  • Front.train
    WRECKAGE—Morenci Fire Department member Taylor Schisler walks past the smoking wreckage of a semi-truck tractor on the north side of the Norfolk and Southern Railroad tracks on Ranger Highway. The truck trailer was on the south side of the tracks
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    SCULPTORS—Morenci third grade students Emersyn Thompson (left) and Marissa Lawrence turn spaghetti sticks into mini sculptures Friday during a class visit to Stair District Library. All Morenci Elementary School classes recently visited the library to experience the creative construction toys purchased through the “Sculptamania!” project, funded by a Disney Curiosity Creates grant. The grant is administered by the Association for Library Services to Children, a division of the American Library Association.
  • Funcolor
    LEONIE LEAHY was one of three local hair stylists who volunteered time Friday at the Morenci PTO Fun Night. Her customer, Aubrey Sandusky, looks up at her mother while her hair takes on a perfect match to her outfit. Leahy said she had a great time at the event—nothing but happy clients.
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    LEARNING THE ROPES—Kristy Castillo (left), co-owner of Mane Street Salon, works with Kendal Kuhn as Sierra Orner takes a phone call. The two Morenci Area High School juniors spent Friday at the salon as part of a job shadowing experience.
  • KayseInField
    IN THE FIELD—2004 Morenci graduate Kayse Onweller works in a test plot of wheat in Texas. She’s part of Bayer CropScience’s North American wheat breeding program based in Nebraska, where she completed post-graduate work in plant breeding and genetics.
  • Front.winner
    REFEREE Camden Miller raises the hand of Morenci Jr. Dawgs wrestler Ryder Ryan as his opponent leaves the mat in disappointment. Morenci’s youth wrestling program served as host for a tournament Saturday morning to raise money for the club. Additional photos are on the back page.
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    SHERWOOD STATE Bank opened its Fayette office at a grand opening Friday morning, drawing a large crowd to view the renovated building. Above, Burt Blue talks to teller Cindy Funk, while his wife, Jackie, looks around the new office. The Blues missed the opening and took a quick tour on Tuesday. Few traces remain of the former grocery store and theater, however, part of the original brick wall still shows in the hallway leading to the back of the building. The drive-through window should be ready for customers later in the month.
  • Front.make.three
    FROM THE LEFT, Landon Wilkins, Ryan White and Logan Blaker try out their artistic skills Saturday afternoon at the Morenci PTO’s first Date to Create event. More than 50 people showed up to create decorated planks of wood to hang from rope. The event served as a fund-raiser for miscellaneous PTO projects. Additional photos are on the back of this week’s Observer.

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