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Chapter 20: The Assessing Year
Assessing Calendar
For actual Assessing procedures, please refer to the STC Property Tax Calendar on the STC website:
http://www.michigan.gov/treasury/0,1607,7-121-1751_2228---,00.html
March/April
Send out Change of Assessment Notices
Process March Board of Review
Freeze MBOR values
Process Principal Residence Exemptions
Turn over the Final Assessment Roll to Equalization
May/June
Create new assessing year database
Perform the Rollover utility
Update County multipliers
Perform the Age/Renew Improvements utility
Export to Tax
Re-establish links between Assessing and Tax (instructions are in the Tax Manual)
July
Process July Board of Review
Report or export to Tax
Re-balance with Treasurer
August/September/October
Update land values
Ensure all sale information through March 31st has been entered and verified
Update physical characteristics
Perform Sale and ECF Studies
Apply ECFs
October/November
Add new Personal Property parcels as "discovered"
Update parcels with demolitions and new construction
Assessing .NET
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