Alex Alsup’s Post

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Vice President of Research & Development at Regrid

Detroit City Council's resolution last week, calling on the assessor to cut assessments on owner-occupied Detroit homes valued at less than $35,000 by 30%, would do very little for Detroit homeowners. In this article in The Chargeback, I explain why the result of the proposed assessment reduction would see only about 4,200 Detroit homeowners (3% of homeowners citywide) get any tax savings, with an average savings of just $115 / year. Read about it in The Chargeback, and what would do much more to help Detroit homeowners struggling with property taxes.

Cutting Assessments Doesn't Necessarily Cut Property Taxes

Cutting Assessments Doesn't Necessarily Cut Property Taxes

detroit.substack.com

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