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69 OTSEGO COUNTY L-4028 24-Apr-23 Michigan Department of Treasury This form is issued under authority of Sections 211.34d and 01:32 PM L-4028 (Rev. 4-12) 211.150, M.C.L.. Filing of this form is mandatory. Failure to file is punishable under section 211.119, M.C.L. Revised on 2023 MILLAGE REDUCTION FRACTION COMPUTATION (ALL PROPERTIES) 2022 2023 2023 MILLAGE TRUTH IN TAXABLE VALUE TAXABLE VALUE TAXABLE TAXABLE REDUCTION FRACTIONTAXATION (BTRF) CODE TAXING AS OF AS OF VALUE OF VALUE OF HEADLEE (211.34d) NUMBER JURISDICTION 1-May-22 1-May-23 LOSSES ADDITIONS (211.24e) M.C.L. 691-010 Bagley 260,694,068 284,034,248 1,683,504 10,960,100 1.0000 0.9485 691-020 Charlton 127,811,596 136,511,908 918,441 1,455,411 1.0000 0.9396 691-030 Chester 100,858,318 109,023,415 1,570,218 5,769,900 1.0000 0.9616 691-040 Corwith 75,415,701 79,122,678 940,121 1,211,000 1.0000 0.9559 691-050 Dover 38,715,037 42,284,745 420,628 2,178,100 1.0000 0.9548 691-060 Elmira 171,631,339 179,733,293 846,319 4,548,884 1.0000 0.9749 691-070 Hayes 144,806,508 154,964,064 3,119,532 3,517,800 1.0000 0.9356 691-080 Livingston 138,527,175 149,543,690 1,799,984 6,522,033 1.0000 0.9560 691-090 Otsego Lake 184,419,784 199,425,556 660,563 2,941,316 1.0000 0.9352 692-010 City of Gaylord 198,266,796 205,211,565 8,999,645 5,411,238 1.0000 0.9473 690000 Total County 1,441,146,322 1,539,855,162 20,958,955 44,515,782 1.0000 0.9497 693-010 Village of Vanderbilt 9,449,045 10,174,835 109,141 73,100 0.9976 0.9246 INTERMEDIATE DISTRICTS & AUTHORITIES 5/1/2022 5/1/2023 Losses Additions 2022 M. R. F. Truth in Taxation C.O.P. 1,430,289,127 1,527,960,025 20,949,808 44,230,889 *IC C.O.O.R. 10,857,195 11,895,137 9,147 284,893 *IC KIRTLAND 12,023,997 13,139,771 9,147 304,393 *IC GAYLORD DDA 24,375,856 25,518,388 649,600 462,600 1.0000 0.9469 ELMIRA-WARNER FIRE DIST 169,588,812 177,248,393 736,719 4,300,184 *IC School Districts 69020 GAYLORD SCHOOLS TOTAL 1,158,461,222 1,239,480,335 18,787,040 40,068,778 *IC GAYLORD (KIRTLAND) 1,166,802 1,244,634 0 19,500 *IC 69030 JOHANNESBURG/LEWISTON 190,679,313 203,281,851 1,192,919 2,876,211 *IC 69040 VANDERBILT 81,148,592 85,197,839 969,849 1,285,900 *IC 20015 CRAWFORD/AUSABLE 10,857,195 11,895,137 9,147 284,893 *IC TOTALS 1,441,146,322 1,539,855,162 20,958,955 44,515,782 **NOTE: 1993 P.A. 145(SENATE BILL 1)PROVIDES THAT A MILLAGE REDUCTION FRACTION SHALL NOT EXCEED 1.0000 ---PAGE BREAK--- L-4028 continued OTSEGO COUNTY 2023 MILLAGE REDUCTION FRACTION COMPUTATION (TOTAL&NON-PRE) School Districts Total Taxable/Non-PRE Taxable 5/1/2022 5/1/2023 Losses Additions 69020 Gaylord Community 1,158,461,222 1,239,480,335 18,787,040 40,068,778 *IC Non-PRE/MBT 634,215,900 678,534,384 10,967,540 27,142,487 *IC 69030 Jo-burg-Lewiston Area 190,679,313 203,281,851 1,192,919 2,876,211 *IC Non-PRE/MBT 102,640,069 108,678,918 697,836 2,312,811 *IC 69040 Vanderbilt Area School 81,148,592 85,197,839 969,849 1,285,900 *IC Non-PRE/MBT 34,221,048 36,970,831 230,509 887,500 *IC 20015 Crawford-AuSable 10,857,195 11,895,137 9,147 284,893 *IC Non-PRE/MBT 7,529,464 8,140,045 1,400 143,193 *IC 69 Otsego Cnty Total 1,441,146,322 1,539,855,162 20,958,955 44,515,782 Otsego Cnty Non-PRE Total 778,606,481 832,324,178 11,897,285 30,485,991 *I.C. Indicates Inter-County taxing jurisdictions. The valuations on this form are for Otsego County only. The Millage Reduction Fraction(MRF)and Base Tax Rate Fraction(BTRF)calculations will be based on the valuation of the entire taxing district. Mark Reetz, Director Otsego County Equalization Department 4/24/23