General Assessing InformationAssessing Office Hours: M-F 8am-4pm (Closed 12pm-1pm)
Assessing Office Telephone: 231.223.7313
Peninsula Township is staffed by one full-time assessor (Sally A. Akerley) and one part-time assessor (Gil Uithol).
The Assessing Department is responsible for identifying and valuing all taxable real and personal property within the township. Peninsula Township has approximately 4,200 parcels.
The Assessor determines values through an analysis of recently sold properties. By law, assessments must be set at 50% of the True Cash Value (Market Value). There are three key value components to each property. These must be calculated every year.
- State Equalized Value (SEV): Half of Market Value
- Capped Value: (Last Year’s Taxable Value – Losses) x Consumer Price Index + Additions
- Taxable Value (TV): The lesser of: SEV or Capped Value
In addition, the Assessing Department is responsible for:
- Maintaining property record cards for each parcel within the unit…these records include legal descriptions, land values, land improvements, building information, exemption status, value-enhancing amenities, zoning information, etc.
- Creating and maintaining an Assessment Roll annually.
- Maintenance of all sales transactions on both vacant and improved properties; identifying and recording all new ownerships, processing related Property Transfer Affidavits, Homeowner’s Principal Residence Exemptions and Requests to Rescind.
- Establishing land values throughout the township annually.
- Field inspections of all new construction projects and updating the property record cards accordingly.
- Land Division requests and processing.
- Periodic inspections of all real property parcels.
- Defending appeals to the Michigan Tax Tribunal.
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