The Assessor determines the value of all real and personal property in the City every year. The assessments may change based on factors such as an addition to a structure, damage by fire, etc. Additionally, the Assessor's Office maintains property descriptions and maps for taxing purposes. Property owners are responsible for reporting any changes that would affect values. By state law, all property is required to be assessed at 50% of the true cash value as of December 31st. Tax bills are determined by multiplying your taxable value (not assessed value) by the local millage rates and are affected by millage increases approved by the voters and the decisions of various taxing jurisdictions.
The Assessing Department is responsible for the valuing of all residential, commercial, industrial, and personal property in the City of Inkster and answers inquiries from current residents, prospective home-buyers, and all members of the property purchasing process.
Inquiries with the Assessor's office include:
- Legal Descriptions and Lot Sizes
- Lot Splits and Combinations
- Ownership of Property
- Personal Property
- Property Tax Estimates
- Qualifications for Filing of State Exemptions
- Disabled Veterans Exemptions
In the City of Inkster, the Assessor’s department would like to remind you of the deadline for filing a (P.R.E/Homestead) Affidavit. A valid affidavit filed on or before June 1 allows an owner to receive a PRE on the current year summer and winter tax levy and subsequent tax levies so long as it remains the owner’s principal residence. A valid affidavit filed after June 1 and on or before November 1 allows an owner to receive a PRE on the current winter tax levy and subsequent tax levies so long as it remains the owner’s principal residence.
SMALL BUSINESS OWNERS
In the State of Michigan, small business owners with a Personal Property True Cash Value of $80,000 or less are encouraged to file the L-5076 Small Business Property Tax Exemption by February 20 for the current year.
PROPERTY ONLINE ASSESSMENT INFORMATION
New for 2023
Public Act 150 of 2021 was signed by the Governor on December 23, 2021. The Act amends the Small Business Taxpayer Personal Property Tax Exemption (MCL 211.9o) to increase the combined true cash value limit for “eligible personal property” in a local unit from $80,000 to $180,000 beginning in 2023. The exemption is required to be claimed with the local unit (city or township where the property is located) by February 21, 2023 (postmark is acceptable) by submitting the completed Form 5076 Small Business Property Tax Exemption Claim Under MCL 211.9o. Late filed forms may be filed directly with the 2023 March Board of Review prior to the closure of the March Board.