Q: When are property taxes due in Otsego County for 2025?
A: Property taxes are due by March 1, 2025. Taxes not paid by this date become delinquent and are transferred to the County Treasurer for collection.
Q: What is the Principal Residence Exemption and how do I apply?
A: This exemption removes 18 mills of school operating tax from your primary residence, potentially saving $1,800+ annually on a $200,000 home. You must apply with your local assessor's office and the exemption is not automatic - it requires a signed application form each time you purchase a new primary residence.
Q: Does the Homestead Exemption cap my assessment increases?
A: Yes, Michigan's Proposal A limits assessment increases to 5% annually or the inflation rate, whichever is lower, as long as you maintain the Principal Residence Exemption. This caps taxable value growth but doesn't reduce the actual market value assessment.
Q: When does the county reassess properties?
A: Most jurisdictions in Otsego County conduct annual assessments with notices typically mailed by March. You have the right to appeal your assessment with your local Board of Review, usually meeting in March, then the Michigan Tax Tribunal if needed.
Q: What are the penalties for late property tax payments?
A: Delinquent taxes after March 1st incur interest and fees. Properties not paid by March 1st of the following year forfeit to the county, with additional fees of $175 for title search and $60 for recording. Foreclosure proceedings can begin one year after forfeiture.
Q: Can I pay my property taxes online?
A: Contact the Otsego County Treasurer's Office directly for current online payment options and accepted methods, as availability may vary by municipality within the county.
Q: Are there property tax credits available for seniors or veterans?
A: Michigan offers various tax credits including the Homestead Property Tax Credit for qualified homeowners and the Disabled Veterans Exemption. These require separate applications through the Michigan Department of Treasury or local assessor - they are not automatically applied.
Q: How do special district taxes affect my bill?
A: Your location within Otsego County determines which special districts apply to your property (fire protection, library, school district, etc.). These can add several mills to your effective rate, which is why tax bills vary significantly even within the same township.
