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The City of Detroit property tax bills started going out last week, with this event designed to help those residents get answers on topics like dealing with delinquent taxes and payment plans for ...
If the proposal before voters passes, the Detroit Public Library's renewal millage of 3.9943 mills would be exempt from certain tax captures — a major change that could add about $3.2 million ...
Detroit bankruptcy. Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama 's $4-billion filing in 2011. [ 1]
When a homeowner defaults on property taxes, the county may place a tax lien on the property. This could end in a tax sale with an investor paying the taxes to get the home. While tax sales can be ...
The Detroit Land Bank Authority [1] is a public authority that owns and manages approximately 100,000 parcels of property in the city of Detroit, making it the city's largest landowner. [ 2 ] Occasionally framed as a quasi-governmental entity , the Detroit Land Bank operates a number of programs to reduce the number of Detroit properties that ...
Overview. The Detroit Water and Sewerage Department is a sprawling network covering 1,079 square-miles, [1] [3] servicing more than 40 percent of the U.S. state of Michigan 's population, [1] and employing nearly 2,000 people. [4] The DWSD is one of the most extensive and largest water and sewage systems in the United States. [1]
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The Detroit News reported that more than half of Detroit property owners did not pay taxes in 2012, at a loss to the city of $131 million (equal to 12% of the city's general fund budget). The first comprehensive analysis of the city's tens of thousands of abandoned and dilapidated buildings took place in the spring of 2014.
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