To see detail on 2024 taxes see pages 117-120 of July 9, 2024 Board of Trustees meeting packet at thjis link.
Property Assessments / Board of Review
This article has information about how properties are assessed, links to all property assessments in the township and explains how you challenge your assessment at Board of Review (once a year in March)
Want to Appeal Your Tax Assessment
See also the flier which comes out annually with your tax assessment notice and explains the confusing terms of ACV, SEV, TV, etc.
Budget
Much of Oakland Township budget, investment and audit reports can be accessed from the Township Treasurer website here:
http://www.oaklandtownship.org/township_departments/treasurers_department/index.php
A chart from that website provides a very good summary.
Click to access 2020%20-%20Where%20Your%20Taxes%20Go.pdf
Here are state manuals explaining budgeting laws and the required accounting numbering system
Township Revenue (Income) and Expenditures History in Tables and Graphs
We are working on updating information presented in 2014
Board of Trustees Responsibilities
Here is a chapter on Board of Trustee responsibilities from a MTA guidebook condensed into bullet points with references to state laws.
Budget and Fiscal Responsibilities of a Charter Township Board
Oakland Township Annual Audited Financial Reports
See audited financial reports for any Michigan municipality plus organizations like libraries at this site:
https://treas-secure.state.mi.us/LAFDocSearch/
It is helpful for understanding these reports to understand the difference between the accrual and cash accounting methods explained here:https://www.investopedia.com/ask/answers/09/accrual-accounting.asp
Oakland Township Budget Reports
Budget reports are a way to examine what the Township spends money on and where the money comes from (not all is from your real estate taxes).
Past budget reports can be seen here on the township website back to 2013-14
http://www.oaklandtownship.org/township_departments/treasurers_department/township_financials.php
Here is an older report (no longer on Township website) going back to FY 2007-17
Taxes
A good summary from 2016 on taxes on real estate taxes in Michigan
Oakland Township Sentinel 