Summary
Legislation moving through Lansing could eliminate the 'uncapping' of taxable values when homes sell and expand personal property tax exemptions. Commissioner Shumaker pegged the loss at roughly $10 million a year — half of it hitting the general fund — with no clear replacement revenue in sight.
At a glance
- Total mentions
- 1
- Last 30 days
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Last discussed Jun 3, 2026.
Impact analysis
An estimated $10 million a year in lost revenue — about $5.2 million from the general fund and $5 million from voted millages like senior services and veterans.
Potentially homebuyers and businesses if their tax bills drop — though secondary market effects are debated.
The county and every special millage — senior services, veterans, health care — would face cuts or deficit elimination plans without replacement revenue.
Mentions & discussions (1)
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