GENESEE COUNTY 2019 EQUALIZA TION Peggy L. Nolde, Director April - PowerPoint PPT Presentation

GENESEE COUNTY 2019 EQUALIZA TION Peggy L. Nolde, Director April 24, 2019

ABOUT THE EQUALIZA TION DEP ARTMENT - 9-

* ASSISTANT EQUALIZATION DIRECTOR Mellissa Hayduk, MMAO (4) (11 month employee) Works with the Equalization Director to oversee the administrative functions of the Equalization Department Works with staff as the immediate supervisor Assists Local Assessors

* EQUALIZATION COORDINATOR Kimberly Moors (19 year employee) Oversees all Local Units database imports Keeps Local Units in balance with county on a monthly basis Monitors MTT Value in Contention Listings , etc……. Works with Local Assessors – main contact person

* LAND RECORDS Nancy Boyer (27 year employee) Trina Sykes (4 year employee-this dept) Processes all land divisions/combinations for local units (except City of Flint) Reviews legal document descriptions for Register of Deeds and County Treasurer upon request Enters sale transfer documents in computer for Sales Study ( 12,000 +– includes foreclosure docs…) Maps information for department upon request

*  EXAMINERS  Tony Ortiz, Chief Examiner(6 year employee)  Bob Gorman (18 year employee)  Mike Walker (2 year employee)  Kathy Webb (1year employee) Inspected and valued over 1,100 Agricultural, Commercial and Industrial properties in 2018 for the 2019 Equalization Study .

GENERAL FUND BUDGET “Property Taxes” (General Operating) 56.36%

2 0 1 9 * GENESEE COUNTY * ASSESSED VALUES – UP!!!!! 7.08%

2 0 1 9 * GENESEE COUNTY * TAXABLE VALUES – UP!!! 4.44%

* EXCITING NEWS!!!!! MAJOR NEW INVESTMENTS IN GENESEE COUNTY DURING 2018

* RESIDENTIAL NEW CONSTRUCTION 196+ Million Residential New value for 2019 UNIT RES ADDITIONS Argentine $4,125,359 Atlas $5,911,178 Clayton $1,065,366 Davison Twp $4,198,916 Fenton Twp $22,805,723 Flint Twp $1,947,721 Flushing Twp $3,292,274 Forest $782,608 Gaines $2,318,284 Genesee $894,158 Grand Blanc Twp $18,500,785 Montrose $1,211,224 Mt. Morris Twp $1,714,376 Mundy $3,321,120 Richfield $2,916,682 Thetford $544,625 Vienna $1,780,865 Burton $6,192,676 Clio $70,565 Davison City $242,487 Fenton City $7,900,264 Flint City $3,829,622 Flushing City $363,094 Grand Blanc City $638,300 Linden $997,745 Montrose City $28,876 Mt. Morris City $173,611 Swartz Creek $1,202,875 TOTAL $98,971,379

* 83 + Million Dollar Personal Property value for 2019

* 29+ Million Dollar property value for 2019

* 10.4+ Million Dollar property value for 2019

* 4.8 Million Dollar property value for 2019

* 5.8+ Million Dollar property value for 2019

* 8.6+ Million Dollar property value for 2019

* 12+ Million Dollar property value for 2019

* 2010 - 2019 BY CLASSIFICA TION OF PROPERTY

* YEAR SEV TV 2010 190,606,490 118,379,816 2011 186,995,800 120,346,797 2012 177,095,135 121,614,177 2013 174,123,261 122,092,317 2014 175,872,300 124,919,520 2015 181,731,800 127,372,575 2016 189,030,200 128,575,582 2017 193,997,600 129,780,959 2018 198,390,700 131,623,455 2019 208,183,150 135,649,981 INCREASE 4.94% 9,792,450 SEV

* SEV TV YEAR 2010 2,248,063,780 2,009,484,789 2011 2,084,884,453 1,890,189,839 2012 1,913,725,454 1,771,241,495 2013 1,846,860,911 1,712,997,352 2014 1,845,090,540 1,675,421,185 2015 1,906,258,841 1,679,748,773 2016 1,992,401,900 1,674,914,805 2017 2,072,265,800 1,677,687,876 2018 2,213,493,500 1,750,015,434 2019 2,336,372,064 1,804,498,660 INCREASE 5.55% 122,878,564 SEV

* SEV TV YEAR 2010 421,919,001 387,987,718 2011 322,095,800 300,632,882 2012 287,390,150 270,729,202 2013 267,113,650 250,527,317 2014 266,219,100 235,571,997 2015 250,349,757 227,245,957 2016 266,410,900 229,771,378 2017 271,068,300 228,927,663 2018 282,128,100 241,420,233 2019 289,946,200 246,323,978 INCREASE 2.77% 7,818,100 SEV

* YEAR SEV TV 2010 7,269,244,631 6,955,393,965 2011 6,684,389,716 6,466,696,290 2012 6,135,793,266 5,972,151,496 2013 6,040,068,705 5,837,245,297 2014 6,322,670,641 5,893,132,429 2015 6,761,003,697 6,024,028,382 2016 7,212,330,002 6,124,892,467 2017 7,655,357,447 6,303,093,066 2018 7,891,455,704 6,546,846,222 2019 8,504,602,416 6,855,004,613 INCREASE 7.77% 613,146,712 SEV

* YEAR SEV TV 2010 662,343,083 662,225,029 2011 672,439,800 672,342,830 2012 669,564,005 669,493,501 2013 668,382,581 668,282,291 2014 630,540,300 630,476,780 2015 650,237,900 649,931,485 2016 614,128,000 614,091,473 2017 628,382,344 622,575,959 2018 654,376,300 648,802,294 2019 696,460,185 691,095,528 INCREASE 6.43% 42,083,885 SEV

* YEAR SEV TV 2010 10,798,912,285 10,135,718,671 2011 9,950,805,569 9,450,208,638 2012 9,183,568,010 8,805,229,871 2013 8,996,549,108 8,591,144,574 2014 9,240,392,881 8,559,521,911 2015 9,749,581,995 8,708,327,172 2016 10,274,301,002 8,772,245,705 2017 10,821,071,491 8,962,065,523 2018 11,239,844,304 9,318,707,638 2019 12,035,564,015 9,732,572,760 INCREASE 7.08% 795,719,711 SEV

* 2019 7.08% 6.77% 5.54% 6.02% 5.07% 2018 3.98% 3.37% 2017 2.16% 2016 0.73% 2015 1.74% 2014 -0.37% 2013 -2.43% 2012 -6.83% 2011 -6.76% 2010 -10.98%

* 1 Grand Blanc Twp 1,630,337,300 15 Richfield 302,648,700 2 Fenton Twp 1,057,006,200 16 Grand Blanc City 296,088,100 3 Flint Twp 1,044,844,514 17 Clayton 267,329,200 4 Flint City 877,906,947 18 Gaines 250,141,300 5 Burton 722,604,195 19 Flushing City 241,143,100 6 Davison Twp 671,846,200 20 Thetford 206,711,410 7 Mundy 627,725,800 21 Swartz Creek 188,317,500 8 Fenton City 584,536,700 22 Montrose Twp 176,614,300 9 Vienna 434,783,900 23 Forest 174,061,600 10 Atlas 426,663,610 24 Linden 143,216,500 11 Genesee 388,171,500 25 Davison City 134,042,800 12 Mt. Morris Twp 386,640,600 26 Clio 50,288,900 13 Flushing Twp 345,610,400 27 Mt. Morris Ctiy 37,788,400 14 Argentine 341,424,600 28 Montrose City 27,069,739

* 2019 S EV Difference % Unit 2018 S EV Mt. Morris Ctiy 34,024,900 37,788,400 3,763,500 11.06% Fenton Twp 965,263,300 1,057,006,200 91,742,900 9.50% Fenton City 536,985,350 584,536,700 47,551,350 8.86% Flushing Twp 317,994,800 345,610,400 27,615,600 8.68% Genesee 357,941,800 388,171,500 30,229,700 8.45% Davison City 124,006,680 134,042,800 10,036,120 8.09% Flushing City 223,113,000 241,143,100 18,030,100 8.08% Grand Blanc Twp 1,509,717,100 1,630,337,300 120,620,200 7.99% Argentine 316,549,400 341,424,600 24,875,200 7.86% Mundy 582,118,800 627,725,800 45,607,000 7.83% Linden 132,958,700 143,216,500 10,257,800 7.72% Richfield 281,525,100 302,648,700 21,123,600 7.50% Grand Blanc City 275,611,800 296,088,100 20,476,300 7.43% Mt. Morris Twp 359,906,700 386,640,600 26,733,900 7.43% Thetford 192,865,800 206,711,410 13,845,610 7.18% Forest 162,493,600 174,061,600 11,568,000 7.12% Gaines 233,822,200 250,141,300 16,319,100 6.98% Vienna 407,459,800 434,783,900 27,324,100 6.71% Burton 677,307,812 722,604,195 45,296,383 6.69% Montrose City 25,417,800 27,069,739 1,651,939 6.50% Swartz Creek 177,415,300 188,317,500 10,902,200 6.15% Clayton 252,133,700 267,329,200 15,195,500 6.03% Davison Twp 634,462,800 671,846,200 37,383,400 5.89% Flint Twp 988,253,900 1,044,844,514 56,590,614 5.73% Atlas 404,415,220 426,663,610 22,248,390 5.50% Montrose Twp 168,141,700 176,614,300 8,472,600 5.04% Clio 48,047,000 50,288,900 2,241,900 4.67% Flint City 849,890,242 877,906,947 28,016,705 3.30%

* 2019 4.44% 2018 3.98% 5.23% 6.07% 5.59% 2017 2.16% 4.79% 4.68% 2016 0.73% 2015 1.74% 2014 -0.37% 2013 -2.43% 2012 -6.83% 2011 -6.76% 2010 -10.98%

* TAXABLE VALUE RANKING 15 Grand Blanc City 235,874,583 1 Grand Blanc Twp 1,343,982,781 16 Richfield 233,103,932 2 Fenton Twp 855,762,208 17 Clayton 214,234,673 3 Flint Twp 827,957,081 18 Gaines 193,546,676 4 Flint City 742,647,433 19 Flushing City 192,305,717 5 Burton 597,794,297 20 Thetford 171,444,399 6 Davison Twp 552,950,558 21 Swartz Creek 153,806,903 7 Mundy 501,828,014 8 Fenton City 437,904,885 22 Montrose Twp 136,825,821 9 Vienna 371,594,688 23 Forest 132,626,144 10 Atlas 340,934,609 24 Davison City 112,916,826 11 Mt. Morris Twp 317,582,029 25 Linden 112,420,998 12 Genesee 313,487,247 26 Clio 43,342,275 13 Flushing Twp 294,006,981 27 Mt. Morris Ctiy 29,878,797 14 Argentine 247,104,276 28 Montrose City 24,707,929