Skip to main content

2023 Personal Property Tax (PPT) Reimbursements

2023 PPT Distributions, Calculations, and Breakdowns by Millage

Two parked, yellow school buses.

School Districts and Intermediate School Districts (ISDs)

Person walking on a crosswalk in Grand Rapids Michigan.

Counties, Townships, Cities, Villages, Community Colleges, and Authorities

A road in downtown Marquette Michigan.

Tax Increment Finance Authorities (TIFAs)

2023 Calculation Input Data

Millage Rate Comparison Reports

The LCSA Act requires Treasury to annually calculate each municipality's millage rate eligible for reimbursement by May 1 (MCL 123.1345(x)(ii), MCL 123.1353(5)(b), MCL 123.1353(5)(c), MCL 123.1353(5)(d)).

School Districts 

School District (Non-Debt)

School District (Debt)

Intermediate School Districts 

Intermediate School District (Non-Debt)

Intermediate School District (Debt)

Intermediate School District (Enhancement)

Counties, Townships, Cities, Villages, Community Colleges, and Authorities

Counties, Townships, Cities, Villages, Community Colleges, Authorities

Taxable Values Used in the PPT Reimbursement Calculations

The LCSA Act requires Treasury to annually post the commercial personal property and industrial personal property taxable values that were used in the reimbursement calculations (MCL 123.1358(5))

Tax Increment Finance Authority (TIFA) Reimbursement Captures

The LCSA Act requires Treasury to subtract from a municipality’s PPT reimbursement the portion that has been captured by one or more TIFAs claiming reimbursement due to a decline in captured personal property taxable value related to the municipality’s millages (MCL 123.1354(1)(d), MCL 123.1354(2)(d), MCL 123.1354(2)(f), MCL 123.1354(4)(d), MCL 123.1355(d), MCL 123.1356(d), and MCL 123.1357(4)(b)(iv)). The amount captured by the TIFAs may exceed the amount subtracted from a municipality’s PPT reimbursement if the TIFAs’ decline in captured personal property taxable value exceeds the municipality’s decline in personal property taxable value.

Questions?