July 11, 2014 – The Midland Board of Review will consider principal residence exemptions, poverty exemption applications and any clerical errors or mutual mistakes of fact during a meeting scheduled for Tuesday, July 22 from 9 – 10 a.m. at Midland City Hall, 333 W. Ellsworth Street.
Public Act 74 of 1995 gives authority to local Boards of Review to consider 2014 poverty exemption applications that were not previously considered during the March 2014 Board of Review sessions.
Poverty exemption is determined based on income and asset levels. Qualified applicants may be granted a percentage exemption from the payment of property taxes based on income and asset information provided to the Assessor’s Office. Poverty exemption will be considered for candidates who complete an application form and provide a copy of their W2 form or other proof of income to the City Assessor’s Office by 5 p.m. on Friday, July 18, 2014.
Additionally, property owners who owned and occupied a property as their principal residence by the following dates: May 1, 2011; June 1, 2012, 2013 or 2014; or November 1, 2012 or 2013, but did not file a “Principal Residence Exemption Affidavit,” for any of those years, may do so at the City Assessor’s Office by 5 p.m., Friday, July 18, 2014. A qualifying principal residence exemption entitles the property to receive the lower principal residence property tax millage. Property owners can verify their “Principal Residence Exemption” percentage by referring to the “PRE/MBT %” listed on their July tax bill.
Principal residence exemption affidavits and poverty exemption applications are available through the City Assessor’s Office, located at Midland City Hall.
For more information, contact the City Assessor’s Office at 989-837-3334.