MIDLAND BOARD OF REVIEW CONSIDERS

PRINCIPAL RESIDENCE AND POVERTY EXEMPTION APPLICATIONS

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, December 12, 2006, from 9-10 a.m. at Midland City Hall.

The passage of Public Act 74 of 1995 gives authority to local Boards of Review to consider 2006 poverty exemption applications that were not previously considered at the March or July 2006 Board of Review sessions.

To be considered for poverty exemption, candidates must complete a poverty exemption application and return it to the City Assessor’s Office by 5 p.m. on Friday, December 8, 2006. Poverty exemption is determined based on income and asset levels. For qualified applicants, the Board of Review may grant a percentage exemption from the payment of property taxes based on their qualifying status.

Additionally, property owners who owned and occupied a property as their principal residence by May 1, 2003, 2004, 2005 and/or 2006, but did not file a “Homeowner’s Principal Residence Exemption Affidavit,” for any or all of those years, may do so at the City Assessor’s Office by 5 p.m., Friday, December 8, 2006. A qualifying principal residence exemption entitles the property to receive the lower principal residence property tax millage. Property owners can verify a principal residence credit by referring to the “% Exempt Homeowner’s Principal Residence” listed on their December tax bill.

Principal residence exemption affidavit forms and poverty exemption applications are available through the City Assessor’s Office, located in Midland City Hall, 333 W. Ellsworth.

For further information on principal residence or poverty exemption qualifications, contact the City Assessor’s Office at 989-837-3334.

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