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Understanding Property Taxes & Proposal A (from 1994)
Proposal A, was approved by Voters in 1994 and was an amendment to the Michigan State Constitution.

Many, still do not always understand the workings of Proposal A and how it affects the SEV and Taxable Value of property.  Below are two different documents created to explain it in plain language for homeowners.

If you still have questions about your property values, how any portion of Proposal A's regulations are affecting your property values or tax bill, Laketon Township Assessor Wanda Budnik is available on Mondays, Tuesdays and Wednesdays from 8:30 am to 4:30 pm and can be reached at 231-744-2454.  

Please note:  her job duties do require her to be outdoors measuring homes, properties and making sure property record information is correct.

Both documents below are designed to explain how Proposal A (approved by voters in 1994) affects property values and property taxes.  Please keep in mind the numbers used are for examples only and do not reflect any particular property.  Each property is different and if you have specific questions, it is still best to speak with the assessor for specific answers.


Disclaimer
Please note:  content here-in, is deemed reliable, but is not guaranteed.  Please call the Township Hall if you have any questions or concerns regarding the content of this website. Thank you.

This website is maintained in house, so if you do not see something you are looking for, please call the Laketon Township Hall at 231-744-2454.