SUMMERFIELD TOWNSHIP ASSESSOR
DUTIES & RESPONSIBILTIES
The Assessor is responsible to determine the valuation for each and all parcels. All real and personal property within Summerfield Township is valued annually as of December 31st. The Assessor analyzes market transactions and data to create uniform, equitable and accurate assessments.
The Assessing Department’s duties include:
• Inventory and list all real and personal property in the township
• Equitably evaluate all taxable property in the township
• Calculate the taxable value for all taxable property
• Conducts field audits of existing properties and new construction
• Prepare an assessment roll with all taxable property listed
• Assist the Township Treasurer with the preparation of the tax roll
• Review and record all parcel splits, combinations and boundary adjustments following the State of Michigan Land Division Act and Township Ordinance
Michigan law requires the Township to maintain accurate and updated property record cards for all properties in the township. The Assessing Department will conduct field inspections per State Tax Commission guidelines. Inspection may include listing, physical measuring and review condition of all structures, review aerial photos and update exterior photos.
The Board of Review follows the Michigan Constitution, General Property Tax Act and State Tax Commission Rules and Guidelines to make an independent judgement based on facts and law.
The March Board of Review meets to receive and review the proposed assessment roll of the township. The March board hears appeals from property owners regarding their tentative assessments and may adjust the assessments to make them fair and equitable. The March Board can hear petitions regarding the classification of property.
The July and December Board of Review meets to take action regarding qualified errors and other limited changes authorized by the statute.
The March, July, or December Board of Review meets to hear current year Poverty Exemption applications.
True Cash Value (TCV) is defined in the General Property Tax Act as “the usual selling price at the place where the property to which the term is applied is at the time of assessment, being the price that could be obtained for the property at private sale, and not at auction sale except as otherwise provided in this section, or at forced sale.”
Assessed Value (AV) is 50% of a parcel’s True Cash Value. Michigan law requires that all property be uniformly assessed at 50% of the usual selling price, or the True Cash Value.
If there has been a transfer of ownership, the taxable value will uncap in the year following the transfer. The taxable value for that year will be set equal to the state equalized value. This may result in the increase of taxes on the parcel.
State Equalized Value (SEV) is the Assessed Value after County and State Equalization is completed. The equalization process assures the assessments are uniformly assessed and Assessed Value and State Equalize Value are equal.