Full Text
69 OTSEGO COUNTY L-4028 22-Apr-22 Michigan Department of Treasury This form is issued under authority of Sections 211.34d and 11:16 AM 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 4/22/2022 2022 MILLAGE REDUCTION FRACTION COMPUTATION (ALL PROPERTIES) 2021 2022 2022 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-21 1-May-22 LOSSES ADDITIONS (211.24e) M.C.L. 691-010 Bagley 242,734,487 260,694,068 2,574,458 8,720,568 0.9846 0.9531 691-020 Charlton 122,592,732 127,811,596 2,615,082 3,026,500 0.9932 0.9615 691-030 Chester 97,090,069 100,858,318 4,016,955 5,153,300 1.0000 0.9725 691-040 Corwith 71,250,658 75,415,701 2,093,447 2,395,816 0.9784 0.9471 691-050 Dover 37,304,736 38,715,037 1,078,796 852,000 0.9883 0.9568 691-060 Elmira 163,167,814 171,631,339 694,453 6,710,276 1.0000 0.9852 691-070 Hayes 133,744,320 144,806,508 3,510,214 8,869,400 0.9897 0.9580 691-080 Livingston 132,789,679 138,527,175 2,463,316 3,864,300 0.9997 0.9678 691-090 Otsego Lake 174,984,360 184,419,784 726,969 2,113,469 0.9874 0.9558 692-010 City of Gaylord 190,223,006 198,266,796 4,025,471 3,126,500 0.9857 0.9542 690000 Total County 1,365,881,861 1,441,146,322 23,799,161 44,832,129 0.9929 0.9612 693-010 Village of Vanderbilt 9,015,357 9,449,045 89,800 105,800 0.9868 0.9553 INTERMEDIATE DISTRICTS & AUTHORITIES 5/1/2021 5/1/2022 Losses Additions 2022 M. R. F. Truth in Taxation C.O.P. 1,355,591,887 1,430,289,127 23,786,561 44,712,229 *IC C.O.O.R. 10,289,974 10,857,195 12,600 119,900 *IC KIRTLAND 11,406,343 12,023,997 12,600 133,500 *IC GAYLORD DDA 22,982,327 24,375,856 315,100 411,200 0.9771 0.9459 ELMIRA-WARNER FIRE DIST 163,167,814 171,631,339 694,453 6,710,276 *IC School Districts 69020 GAYLORD SCHOOLS TOTAL 1,096,311,242 1,158,461,222 15,690,777 35,671,613 *IC GAYLORD (KIRTLAND) 1,116,369 1,166,802 0 13,600 *IC 69030 JOHANNESBURG/LEWISTON 182,872,358 190,679,313 5,942,837 6,619,500 *IC 69040 VANDERBILT 76,408,287 81,148,592 2,152,947 2,421,116 *IC 20015 CRAWFORD/AUSABLE 10,289,974 10,857,195 12,600 119,900 *IC TOTALS 1,365,881,861 1,441,146,322 23,799,161 44,832,129 **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 2022 MILLAGE REDUCTION FRACTION COMPUTATION (TOTAL&NON-PRE) School Districts Total Taxable/Non-PRE Taxable 5/1/2021 5/1/2022 Losses Additions 69020 Gaylord Community 1,096,311,242 1,158,461,222 15,690,777 35,671,613 *IC Non-PRE/MBT 598,060,853 638,372,559 7,537,691 25,795,329 *IC 69030 Jo-burg-Lewiston Area 182,872,358 190,679,313 5,942,837 6,619,500 *IC Non-PRE/MBT 99,799,099 103,672,626 4,911,935 5,152,600 *IC 69040 Vanderbilt Area School 76,408,287 81,148,592 2,152,947 2,421,116 *IC Non-PRE/MBT 33,528,221 35,107,266 1,159,195 726,400 *IC 20015 Crawford-AuSable 10,289,974 10,857,195 12,600 119,900 *IC Non-PRE/MBT 7,319,539 7,707,207 8,000 101,200 *IC 69 Otsego County Total 1,365,881,861 1,441,146,322 23,799,161 44,832,129 Otsego Cnty Non-PRE Total 738,707,712 784,859,658 13,616,821 31,775,529 *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