Are Your Real Estate Taxes Based on a Correct Information about You and Your Property?

Your real estate tax “Notice of Assessment, Taxable Evaluation, and Property Classification” just came in the mail. It’s a white sheet with black lettering and one yellow highlighted area.  It’s a good time to make sure all the information is correct.

1 – Are you getting exempt from about 18 mils of school tax by having a PRE, principle residence exemption?

Look at the long box near the bottom and make sure it says 100%. If somehow you overlooked filing a principal residence exemption in the past you are paying aver 40% too much real estate tax. Call the Township and get one filed.

2 – Does your assessed value look right in box 2.? It should be 50% or less of what you could sell your home for. If the assessed value is too high you pay too much tax. I have no idea of the likelihood of a mistake being made in assessment, but I assume it is possible.

If you think so,  the paper state bulletin that some out with tax statements “Guide to your property Taxes”  lists the link below to instructions telling  what to do.

https://www.oakgov.com/mgtbud/equal/faq/pages/march-board-of-review.aspx

3 – Are you just financially unable to pay your taxes? There can be elimination of all or some of your taxes via a “poverty exemption” Again start with the link above.

If you proceed, you will be presenting your case to our local Board of Review   who were appointed January 22, 2019 for a two year term:

Judy Workings,

John Casadei,

Gary Putz

 

Their meeting date are listed on the “Notice of Assessment, Taxable Evaluation, and Property Classification”

If you want to see a copy of “Guide to your property Taxes”, see the one our Treasurer, Jeanne Langlois posted on the township website here:

https://www.oakgov.com/mgtbud/equal/PublishingImages/Pages/proposals/Proposal%20A%20Brochure.pdf

Reminder / Disclaimer – I am not a lawyer; this is not legal advice. This is just one neighbor trying to help another. See a lawyer for legal advice.

Bob Yager

Editor – Oakland Township Sentinel