Emergency-related state tax relief available for taxpayers located in certain areas of Michigan impacted by severe weather.
2024 Personal Property Tax (PPT) Reimbursements
2024 Personal Property Tax (PPT) Reimbursements
What's on this page?
Information about Tax Year 2024 PPT reimbursements distributed in: October 2024, February 2025, and May 2025
For PPT reimbursements distributed in October 2023, February 2024, and May 2024
View Tax Year 20232024 PPT Distributions, Calculations, and Breakdowns by Millage
Schools Districts and Intermediate School Districts (ISDs)
Two parked, yellow school buses.
Counties, Townships, Cities, Villages, Community Colleges, and Local Authorities
Person walking on a crosswalk in Grand Rapids Michigan.
Tax Increment Finance Authorities (TIFAs)
A road in downtown Marquette Michigan.
2024 PPT 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
Intermediate School Districts
Intermediate School District (Non-Debt)
Intermediate School District (Debt)
Intermediate School District (Enhancement)
Counties, Townships, Cities, Villages, Community Colleges, Local Authorities
Counties, Townships, Cities, Villages, Community Colleges, Local Authorities (updated Oct 2024)
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)).
2013 and 2024 Personal Property Taxable Values Reported in Calendar Year 2024 (updated May 2025)
2013 and 2024 Personal Property Taxable Values of Renaissance Zones
2013, 2014, and 2015 Personal Property Taxable Values of Renaissance Zones
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.