Q: When are property taxes due in Montmorency County?
A: Property taxes are due by February 14 for the current tax year. Interest begins accruing immediately if taxes are not paid by this date. Local treasurers collect taxes until March 1, after which collection may transfer to the county level.
Q: What is the Principal Residence Exemption and how do I apply?
A: The Principal Residence Exemption is a tax credit that reduces your taxable value and caps annual assessment increases. You must file an application with the local assessor's office, and the property must be your primary residence. This requires annual application and is not automatic.
Q: Are there other tax credits available?
A: Yes, Michigan offers various property tax credits including exemptions for seniors, disabled veterans, poverty hardship, and agricultural property. All require separate applications with specific deadlines. Contact the Montmorency County Assessor's office for available programs and application requirements.
Q: How often are properties reassessed?
A: Michigan law requires annual assessment updates, though full appraisals may occur every few years. The county assessor reviews market conditions and property sales to adjust assessed values each year.
Q: What happens if I pay my taxes late?
A: Interest begins accruing immediately after February 14. Additional penalties and fees may apply. Properties with delinquent taxes can eventually face foreclosure proceedings if taxes remain unpaid for several years.
Q: Can I appeal my property assessment?
A: Yes, you can appeal to the local Board of Review, typically meeting in March. You must file your appeal by specific deadlines and provide evidence supporting your claim that the assessment is incorrect.
Q: Can I pay my property taxes online?
A: Payment options vary by local treasurer. Contact your local treasurer's office or check the Montmorency County website for available online payment systems and accepted payment methods.
Q: Why did my taxes increase if I didn't improve my property?
A: Tax increases can result from rising property values in your area, new special district assessments, increased millage rates approved by voters, or the loss of tax credits that require annual renewal applications.
