The assessing function establishes the true cash value (fair market value) of real and personal property. The true cash value is used to derive a property’s assessed value which is one-half the true cash value. The true cash value is also used to derive a property’s taxable value which is equal to or less than the assessed value. The taxable value, along with approved millage rates, determines the amount of property tax levied. Factors taken into account when establishing property value include: description of the property and its improvements; lot dimensions; age of building and improvements; land value; building square footage; value enhancing amenities.
The Assessing staff’s responsibilities include:
Conducting sales studies to determine property values
Maintaining and updating personal property tax records
Preparation of annual assessment and tax rolls
Processing deed changes and principle residence (homestead) exemption applications
Processing tax abatements
Updating property records for improvements and valuation changes
The Assessing Department is located at the Holland Charter Township Offices (353 North 120th Avenue) and can be contacted at (616) 395-0236.