“While we have undoubtedly had some key victories in our attempt to restore dignity to impacted homeowners and provide restitution, none of it has been done without a fight and a willingness to stay vigilant,” council President Mary Shefield said. “The most egregious part of the systemic overassessment of properties in Detroit has been the issue of regressivity, which is when low-value homes are assessed at a higher percentage of their true market value than are high-value homes. While we recognize the assessor’s job is difficult, the stakes are too high to sit idly by while the city’s lowest-valued homes are consistently overassessed.”
It’s unlikely that Mayor Mike Duggan’s administration is going to lower assessments because Detroit Assessor Alvin Horhn called the study “utter nonsense” and “politically driven.”
Horhn said the methods used by the University of Chicago “violate Michigan tax law and the practices that every assessor in Michigan is legally required to follow.”
It isn’t yet clear whether Wayne County Treasurer Eric Sabree plans to consider reducing assessments for homes valued at less than $35,000. Metro Times is awaiting a response from him.
Activists for the Coalition for Property Tax Justice , a group that advocates for homeowners in Detroit, called on the council to address the assessments.
Bernadette Atuahene, a property law scholar who has studied Detroit’s property tax foreclosure crisis, called the council’s resolutions “an amazing milestone in our fight for property tax justice.”
“The City Council finally acknowledged the continued over assessments and unanimously demanded that the Duggan administration and the County Treasurer take action to correct the ongoing property tax injustice,” Atuahene said in a statement. “Now Treasurer Sabree and the Duggan administration must follow these resolutions with action.”
The Michigan Constitution prohibits property from being assessed at more than 50% of its market value. Between 2010 and 2016, the city assessed properties at as much as 85% of their market value.
The latest study suggests that homes valued at less than $35,000 are disproportionately overassessed. By contrast, the highest valued homes in the city are the least likely to be overassessed, according to the study.
Activists are worried about another wave of foreclosures based on inflated property taxes on the lower valued houses, which tend to be owned by people struggling financially.
Get updates delivered to you daily. Free and customizable.
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.
Comments / 0