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Home My WebLink AboutResolutions - 1997.04.24 - 24949e. Miscellaneous Resolution #97076 April 24, 1997 Finance and Personnel Committee, Sue Ann Douglas, Chairperson BY: Equalization Report RE: Community and Economic Development - 1997 TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS, the staff of the Equalization Division of the Department of Community and Economic Development has examined the assessment rolls of the several townships and cities within Oakland County to ascertain whether the real and personal property in the respective townships and cities has been equally and uniformly assessed at true cash value; and WHEREAS, based on its findings, the Manager of the Equalization Division has presented to the Finance/Personnel Committee the recommended 1997 equalization values which adds to or deducts from the valuation of the taxable property in the several townships and cities an amount as, in its judgement, will produce a sum which represents the true cash value thereof; and WHEREAS, the Finance/Personnel Committee in accordance with Rule KA8 of the Board of Commissioners adopted January 7, 1993, has reviewed the findings and recommendations of the employees of the Equalization Division and conducted hearings to provide for local intervention into the equalization process; and WHEREAS, the Equalization Factors listed on the attached report are the result of the foregoing process and are for information purposes only. NOW THEREFORE BE IT RESOLVED, that the Oakland County Board of Commissioners adopts the 1997 equalization and authorizes its certification by the Chairperson of the Board and further that it be entered on the County records and delivered to the appropriate official of the proper township or city. Mr. Chairperson, on behalf of the Finance/Personnel Committee, I move the adoption of the foregoing resolution. 46444 FINANCE/PERSONNEL COMM ; ERIC COLEMAN DONALD W. JENSEN If The Attached Copy Is Approved As Is. Please Sign And Return This Copy To Printing Division. Printing WA This Copy Of Thi Will ; Have Received Form W Not Se Done U Mane JOHN P. GARFIELD THOMAS A. LAW SHELLEY G. TAUB JoANNE HOLBERT CHARLES E. PALMER COUNTY MICHIGAN L. BROOKS PATTERSON OAKLAND COUNTY EXECUTIVE 1997 EQUALIZATION OAKLAND COUNTY, MICHIGAN Prepared By DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT JEFF KACZMAREK, Director EQUALIZATION DIVISION ROBERT 0. VANDERMARK, Manager under the direction of the Finance/Personnel Committee of the Board of Commissioners SUE ANN DOUGLAS Chairperson FRAN AMOS JEFF KINGZETT Vice Chairperson Minority Vice Chairperson sir TABLE OF CONTENTS RECOMMENDATION AS TO EQUALIZED VALUE FROM DIRECTOR OF COMMUNITY AND ECONOMIC DEVELOPMENT RECOMMENDATION AS TO EQUALIZED VALUE FROM MANAGER OF EQUALIZATION ii 1997 COMPARISON OF TAXABLE VALUES iii 1997 COMPARISON OF EQUALIZED VALUES iv BOARD OF COMMISSIONERS RESOLUTION OAKLAND COUNTY BOARD OF COMMISSIONERS vi ANALYSIS OF EQUALIZED VALUATION COUNTY SUMMARY 1-3 1997 DISTRIBUTION OF ASSESSED AND EQUALIZED VALUE BY TOWNSHIPS 4-5 - 1997 DISTRIBUTION OF ASSESSED AND EQUALIZED VALUE BY CITIES 6-7 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY TOWNSHIPS 8-11 - 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY CITIES 12-16 1997 ANALYSIS BY CLASS OF PERSONAL PROPERTY VALUATIONS BY TOWNSHIPS 17-20 1997 ANALYSIS BY CLASS OF PERSONAL PROPERTY VALUATIONS BY CITIES 21-25 1997 EQUALIZATION FACTORS ANALYSIS BY CLASS BY TOWNSHIPS 26 1997 EQUALIZATION FACTORS ANALYSIS BY CLASS BY CITIES 27 1997 DISTRIBUTION OF INDUSTRIAL FACILITIES TAX 28 ' 1997 DISTRIBUTION OF COMMERCIAL FACILITIES TAX 28 , 1997 DISTRIBUTION OF TECHNOLOGY PARK DEVELOPMENT TAX 28 1997 DISTRIBUTION OF MCL211.181, 211.182 TAX 28 L. BROOKS PATTERSON, OAKLAND COUNTY EXECUTIVE Jeffrey A Kaczmarek, Director espectfully submitted, Jeff Kaczmarek, Director Community & Economic Development TOAKLAND; COUNTY MICHIGAN DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT April 24, 1997 TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS - FINANCE/PERSONNEL COMMITTEE RE: Recommendation as to Equalized Value The total recommended equalized value for 1997 in Oakland County, Michigan is $38,925,681,816 According to Section 211.34 of the General Property Tax Laws of the State of Michigan, the primary function of the Equalization Division is to assist the Board of Commissioners in equalizing the assessed value for Oakland County. This is accomplished by adding to or deducting from the assessed value of each class of property in all 51 assessing jurisdictions, in order to bring each unit to a common level of valuation. As a result, the equalization process allows Oakland County equalized values to remain the same as the state equalized value. In order to fulfill the requirements of Section 211.34, the Equalization Division conducted sample studies by class of property to determine the relationships between assessed value and true cash value for each assessing district. Oakland County has a total of over 400,000 parcels; during 1996 our division completed approximately 80,000 real property appraisals and conducted approximately 3,000 personal property audits. The attached reports are the findings and recommendations of the Manager of the Equalization Division, and is an analysis of assessed and equalized values by class of property for all assessing districts in Oakland County. This summary was prepared by the staff of the Equalization Division and is within the guidelines as established by the State Tax Commission. Pursuant to the requirements of the General Property Tax Laws and the State Tax Commission rules and procedures, hearings have been held with the local assessing officials and available data reviewed. If you have any questions or desire more information, please do not hesitate to call. EXECUTIVE OFFICE BUILDING • 1200 N TELEGRAPH RD DEPT 409 • PONTIAC MI 4E;341-C)40',4 • (810) 858-0278 • FAY (EMI 4,29172 L. BROOKS PATTERSON, OAKLAND COUNTY EXECUTIVE EQUALIZATION DIVISION Robert 0. Vandermark, Manager ELIZABETH LAKE ROAD CENTER • 259 EL IZABF 1 H LK. RD ;.;TE 1000 WEST Pr.1,111AC tv1I 48341 (F110) 411. IrOmaAND7- COUNTY MICHIGAN DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT April 24, 1997 TO THE OAKLAND COUNTY BOARD OF COMMISSIONS - FINANCE/PERSONNEL COMMITTEE RE: Recommended 1997 Equalized Values Following are the recommended 1997 County equalized values for the several classes of property in each of the cities and townships in Oakland County. The recommended total 1997 equalized value is: $38,925,681,816 The resulting taxable value for 1997 is: $36,468,545,555 The increase in County equalized value is: $3,180,727,833 or 8.9% The increase in taxable value County wide is: $2,175,393,468 or 6.3% The following two pages show the taxable value and equalized value changes for each community. This is an unusually strong performance due to a very large volume of new construction and new personal property. These changes have been reviewed at length with local assessors throughout the County. It is my finding that the following values should be adopted as the 1997 equalized values for Oakland County. If you have further questions, please contact me. Respectfully submitted, a24"et,9a44-41/A--- Robert a Vandermark, Manager Oakland County Equalization ii TOWNSHIPS ADDISON BLOOMFIELD BRANDON COMMERCE GROVELAND HIGHLAND HOLLY INDEPENDENCE LYON MILFORD NOVI OAKLAND ORION OXFORD ROSE ROYAL OAK SOUTHFIELD SPRINGFIELD WATERFORD WEST BLOOMFIELD WHITE LAKE TOTAL TOWNSHIPS CITIES AUBURN HILLS BERKLEY BIRMINGHAM BLOOMFIELD HILLS CLARKSTON CLAWSON FARMINGTON FARMINGTON HILLS FERNDALE HAZEL PARK HUNTINGTON WOODS KEEGO HARBOR LAKE ANGELUS LATHRUP VILLAGE MADISON HEIGHTS NORTHVILLE NOVI OAK PARK ORCHARD LAKE PLEASANT RIDGE PONTIAC ROCHESTER ROCHESTER HILLS ROYAL OAK SOUTHFIELD SOUTH LYON SYLVAN LAKE TROY WALLED LAKE WIXOM TOTAL CITIES 151,741,365 11,444,320 53,465,727 23,434,700 1,578,490 8,082,500 8,453,180 136,594,770 18,663,480 4,013,530 7,018,340 2,231,750 1,463,290 2,370,160 23,455,200 4,947,840 106,871,210 14,137,110 12,173,380 3,488,285 63,191,320 15,950,958 125,984,680 60,906,630 88,904,405 11,896,421 2,331,480 201,595,539 6,064,300 64,762,100 1,237,216,460 1997 OAKLAND ,COUNTY EQUALIZATION COMPARISON OF 1996-97 TAXABLE VALUES NET 1996 1997 CHANGE 161,048,889 173,270,889 12,222,000 2,344,785,060 2,436,762,470 91,977,410 256,218,041 279,420,635 23,202,594 923,859,180 1,019,149,760 95,290,580 134,744,699 143,630,969 8,886,270 386,104,080 418,438,240 32,334,160 149,323,133 159,781,652 10,458,519 726,590,000 787,029,000 60,439,000 266,045,075 283,605,275 17,560,200 454,727,485 491,968,485 37,241,000 5,823,780 6,153,550 329,770 418,886,750 472,717,725 53,830,975 915,773,550 1,014,933,550 99,160,000 317,642,108 331,175,986 13,533,878 125,259,775 134,921,675 9,661,900 51,292,110 54,264,570 2,972,460 646,969,594 676,467,294 29,497,700 292,282,169 324,896,359 32,614,190 1,516,894,037 1,607,391,632 90,497,595 2,269,544,739 2,439,555,747 170,011,008 571,097,023 617,552,822 46,455,799 12,934,911,277 13,873,088,285 938,177,008 723,347,765 875,089,130 305,064,350 316,50E3,670 1,024,026,977 1,077,492,704 554,168,130 577,602,830 29,074,150 30,652,640 263,811,160 271,893,660 289,411,910 297,865,090 2,789,185,490 2,925,780,260 347,212,100 365,875,580 196,071,510 200,085,040 184,733,120 191,751,460 55,890,490 58,122,240 33,595,030 35,058,320 119,143,350 121,513,510 815,840,520 839,295,720 117,002,720 121,950,560 1,538,871,350 1,645,742,560 428,528,750 442,665,860 205,881,910 218,055,290 73,738,740 77,227,025 777,082,880 840,274,200 266,495,150 282,446,108 2,094,618,802 2,220,603,482 1,371,769,014 1,432,675,644 2,425,365,701 2,514,270,106 143,750,663 155,647,084 58,369,420 60,700,900 3,573,653,298 3,775,248,837 131,479,840 137,544,140 421,056,520 485,818,620 21,358,240,810 22,595,457,270 2,175,393,468 TOTAL COUNTY 34,293,152.087 36,468,545,555 CHANGE 7.59% 3.92% 9.06% 10.31% 6.59% 8.37% 7.00% 8.32% 6.60% 8.19% 5.66% 12.85% 10.83% 4.26% 7.71% 5.80% 4.56% 11.16% 5.97% 7.49% 8.13% 7.25% 20.98% 3.75% 5.22% 4.23% 5.43% 3.06% 2.92% 4.90% 5.38% 2.05% 3.80% 3.99% 4.36% 1.99% 2.87% 4.23% 6.94% 3.30% 5.91% 4.73% 8.13% 5.99% 6.01% 4.44% 3.67% 8.28% 3.99% 5.64% 4.61% 15.38% 5.79% 6.34% i i i 1997 OAKLANI? COUNTY. EQUALIZATION COMPARISON OF 1996-97 EQUALIZED VALUES NET ok TOWNSHIPS 1996 1997 CHANGE CHANGE ADDISON 175,917,130 194,153,480 18,236,350 10,37% BLOOMFIELD 2,442,271,550 2,575,677,890 133,406,340 5.46% BRANDON 276,828,000 321,650,250 44,822,250 16.19% COMMERCE 1,033,612,480 1,192,749,600 159,137,120 15.40% GROVELAND 144,210,920 158,798,280 14,587,360 10.12% HIGHLAND 406,945,640 460,031,830 53,086,190 13.05% HOLLY 156,789,400 182,023,900 25,234,500 16.09% INDEPENDENCE 784,650,800 884,098,500 99,447,700 12.67% LYON 277,717,490 307,820,140 30,102,650 10.84% MILFORD 473,688,285 525,120,460 51,432,175 10.86% NOVI 6,310,740 6,654,120 343,380 5.44% OAKLAND 431,626,770 504,804,935 73,178,165 16.95% ORION 949,137,665 1,071,822,820 122,685,155 12.93% OXFORD 324,246,572 352,612,210 28,365,638 8.75% ROSE 132,934,890 154,812,440 21,877,550 16.46% ROYAL OAK 52,016,930 55,801,050 3,784,120 7.27% SOUTHFIELD 689,527,070 742,984,190 53,457,120 7.75% SPRINGFIELD 309,489,080 349,679,155 40,190,075 12.99% WATERFORD 1,637,122,342 1,781,829,035 144,706,693 8.84% VVEST BLOOMFIELD 2,347,181,572 2,561,947,386 214,765,814 9.15% WHITE LAKE 585,884,860 655,264,630 69,379,770 11.84% TOTAL TOWNSHIPS 13,638,110,186 15,040,336,301 1,402,226,115 10.28% CITIES AUBURN HILLS 778,922,920 946,424 ,510 167,501,590 21.50% BERKLEY 320,095,890 343,218,650 23,122,760 722% BIRMINGHAM 1,095,289,075 1,185,994,910 90,705,835 8.28% BLOOMFIELD HILLS 579,522,860 613,068,450 33,545,590 5.79% CLARKSTON 31,835,340 33,447,680 1,612,340 5.06% CLAWSON 271,521,840 287,385,500 15,863,660 5.84% FARMINGTON 299,391,750 310,341,300 10,949,550 3.66% FARMINGTON HILLS 2,830,376,740 2,996,801,200 166,424,460 5.88% FERNDALE 366,088,650 402,744,720 36,656,070 10.01% HAZEL PARK 212,606,810 221,679,170 9,072,360 4.27% HUNTINGTON WOODS 201,250,260 217,741,480 16,491,220 8.19% KEEGO HARBOR 58,710,510 63,268,290 4,557,780 7.76% LAKE ANGELUS 33,973,730 39,907,480 5,933,750 17.47% LATHRUP VILLAGE 124,838,990 131,200,810 6,361,820 5.10% MADISON HEIGHTS 845,759,820 882,350,540 36,590,720 4.33% NORTHVILLE 121,935,790 128,660,000 6,724,210 5.51% NOVI 1,584,646,400 1,712,728,050 128,081,650 8.08% OAK PARK 445,839,790 484,799,630 38,959,840 8.74% ORCHARD LAKE 231,909,410 246,927,440 15,018,030 6.48% PLEASANT RIDGE 82,765,630 94,871,440 12,105,810 14.63% PONTIAC 802,049,507 876,119,447 74,069,940 9.24% ROCHESTER 272,282,710 307,483,487 35.200,777 12.93% ROCHESTER HILLS 2,136,868,620 2,313,679,500 176.810,880 8.27% ROYAL OAK 1,436,146,327 1,561,444,550 125,298,223 8.72% SOUTHFIELD 2,483,678,839 2,641,153,966 157,475,127 6.34% SOUTH LYON 147,046,754 164,154,285 17,107,531 11.63% SYLVAN LAKE 62,755,565 68,817,710 6,062,145 9.66% TROY 3,672,996,870 3,954,663,960 281,667,090 7.67% WALLED LAKE 137,434,200 148,850,230 11,416,030 8.31% WIXOM 438,302,200 505,417,130 67,114,930 15.31% TOTAL CITIES 22,106,843,797 23,885,345,515 1,778,501,718 8.05% TOTAL COUNTY 35,744,953,983 38,925,681,816 3,180,727,833 8.90% iv April 24, 1997 BY: THE FINANCE/PERSONNEL COMMITTEE, SUE ANN DOUGLAS, CHAIRPERSON IN RE: COMMUNITY AND ECONOMIC DEVELOPMENT - 1997 EQUALIZATION TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS, the staff of the Equalization Division of the Department of Community and Economic Development has examined the assessment rolls of the several townships and cities within Oakland County to ascertain whether the real and personal property in the respective townships and cities has been equally and uniformly assessed at true cash value; and WHEREAS, based on its findings, the Manager of the Equalization Division has presented to the Finance/Personnel Committee the recommended 1997 equalization values which adds to or deducts from the valuation of the taxable property in the several townships and cities an amount as, in its judgement, will produce a sum which represents the true cash value thereof; and WHEREAS, the Finance/Personnel Committee in accordance with Rule XA8 of the Board of Commissioners adopted January 7, 1993, has reviewed the findings and recommendations of the employees of the Equalization Division and conducted hearings to provide for local intervention into the equalization process; and WHEREAS, the Equalization Factors listed on the attached report are the result of the foregoing process and are for information purposes only. NOW THEREFORE BE IT RESOLVED, that the Oakland County Board of Commissioners adopts the 1997 equalization and authorizes its certification by the Chairperson of the Board and further that it be entered on the County records and delivered to the appropriate official of the proper township or city. Mr. Chairperson, on behalf of the Finance/Personnel Committee, I move the adoption of the foregoing resolution. FINANCE/PERSONNEL COMMITTEE Sue Ann Douglas, Chairperson OAKLAND COUNTY BOARD OF COMMISSIONERS *Fran Amos *Eric Coleman Dan Devine, Jr. Nancy Dingeldey *Sue Ann Douglas *John P. Garfield *JoAnne Holbert Donna R. Huntoon Gilda Z. Jacobs *Donald W. Jensen Ruth A. Johnson Eugene Kaczmar *Jeff Kingzett *Thomas A. Law John P. McCulloch Ruel E. McPherson Frank H. Millard, Jr. David L. Moffitt Lawrence A. Obrecht *Charles E. Palmer Lawrence R. Pernick Dennis N. Powers Kay Schmid *Shelley G. Taub Donn L. Wolf *Finance/Personnel vi STATE TAX COMMISSION ANALYSIS FOR EQUALIZED VALUE S.T.C. L - 4023 OAKLAND COUNTY COUNTY SUMMARY YEAR 1997 REAL PROPERTY ASSESSED VALUE TRUE CASH VALUE TAXABLE VALUE 100 101 AGRICULTURAL 116,343,716 265,683,389 102 LOSS 2,751,550 6,178,955 103 113,592,166 259,504,434 104 ADJUSTMENT 15,506,280 105 129,098,446 259,504,434 106 NEW 5,879,000 11,890,390 107 108 TOTAL AGRICULTURAL 134,977,446 271,394,824 110,014,191 200 201 COMMERCIAL 5,917,622,736 12,396,611,512 202 LOSS 112,256,596 236,549,088 203 5,805,366,140 12,160,062,424 204 ADJUSTMENT 237,789,186 205 6,043,155,326 12,160,062,424 206 NEW 324,750,371 653,305,887 207 208 TOTAL COMMERCIAL 6,367,905,697 12,813,368,311 6,033,103,331 300 301 INDUSTRIAL 2,082,325,788 4,278,081,597 302 LOSS 47,976,957 99,897,840 303 2,034,348,831 4,178,183,757 304 ADJUSTMENT 42,897,980 305 2,077,246,811 4,178,183,757 306 NEW 133,268,320 268,574,725 307 308 TOTAL INDUSTRIAL 2,210,513,131 4,446,758,482 2,131,568,321 400 401 RESIDENTIAL 24,053,306,683 51,129,196,307 402 LOSS 82,375,844 175,419,064 403 23,970,930,839 50,953,777,243 404 ADJUSTMENT 1,419,088,964 405 25,390,019,803 50,953,777,243 406 NEW 954,530,714 1,914,884,137 407 408 TOTAL RESIDENTIAL 26,344,550,517 52,868,661,380 24,355,021,126 500 501 TIMBER CUT-OVER 507 0 0 0 601 DEVELOPMENTAL 143,212,850 301,702,383 602 LOSS 17,720,510 36,725,235 603 125,492,340 264,977,148 604 ADJUSTMENT 6,424,650 605 131,916,990 264,977,148 606 NEW 17,752,285 35,577,380 607 608 TOTAL DEVELOPMENTAL 149,669,275 _ 300,554,528 120)906 166 _ 800 TOTAL REAL 35,207,616,066 70,700,737,524 32,750,613,135 4,191,320 450 451 RESIDENTIAL 452 LOSS 453 454 ADJUSTMENT 455 456 NEW 457 458 TOTAL RESIDENTIAL 2,816,110 5,998, 104 0 2,816,110 5,998,104 130,490 2,946.600 5,998,104 1,378,050 2,756,100 4,324,650 8,754,204 STATE TAX COMMISSION ANALYSIS FOR EQUALIZED VALUE S.T.C. L -4023 OAKLAND COUNTY COUNTY SUMMARY YEAR 1997 PERSONAL PROPERTY 150 151 AGRICULTURAL 152 LOSS 153 154 ADJUSTMENT 155 156 NEW 157 158 TOTAL AGRICULTURAL 250 ASSESSED VALUE TRUE CASH VALUE TAXABLE VALUE 0 251 COMMERCIAL 1,802,582,960 3,649,981,330 252 LOSS 300,553,810 608,635,892 253 1,502,029,150 3,041,345,438 254 ADJUSTMENT 18,643,590 255 1,520,672,740 3,041,345,438 256 NEW 438,772,490 877,544,980 257 258 TOTAL COMMERCIAL 1,959,445,230 3,918,890,418 1,959,445,230 350 351 INDUSTRIAL 1,030,861,230 2,084,596,505 352 LOSS 174,265,340 353,418,860 353 856,595,890 1,731,177,645 354 ADJUSTMENT 8,992,920 355 865,588,810 1,731,177,645 356 NEW 270,087,960 540,175,920 357 358 TOTAL INDUSTRIAL 1,135,676,770 2,271,353,565 1,135,676,770 550 551 UTILITY 595,881,910 1,191,769,122 552 LOSS 34,743,310 69,486,648 553 561,138,600 1,122,282,474 554 ADJUSTMENT 2,630 555 561,141,230 1,122,282,474 556 NEW 57,477,870 114,955,740 557 558 TOTAL UTILITY 618,619,100 1,237,238,214 618,619,100 3,718,065,750 7,436,236,401 3,717,932,420 850 TOTAL PERSONAL STATE TAX COMMISSION ANALYSIS FOR EQUALIZED VALUE S.T.C. L -4023 OAKLAND COUNTY COUNTY SUMMARY YEAR 1997 PARCELS ASSESSED VALUE TRUE CASH VALUE EQUALIZED VALUE TAXABLE VALUE 108 TOTAL AGRICULTURAL 1,197 134,977,446 271,394,824 134,977,446 110,014,191 208 TOTAL COMMERCIAL 19,840 6,367,905,697 12,813,368,311 6,367,905,697 6,033,103,331 308 TOTAL INDUSTRIAL 6,780 2,210,513,131 4,446,758,482 2,210,513,131 2,131,568,321 408 TOTAL RESIDENTIAL 392,269 26,344,550,517 52,868,861,380 26,344,550,517 24,355,021,126 508 TOTAL TIMBER CUT-OVER 0 0 0 0 0 608 TOTAL DEVELOPMENTAL 1,202 149,669,275 300,554,528 149,669,275 120,906,166 800 TOTAL REAL 421,288 35,207,616,066 70,700,737,524 35,207,616,066 32,750,613,135 158 TOTAL AGRICULTURAL 0 0 0 0 0 258 TOTAL COMMERCIAL 48,290 1,959,445,230 3,918,890,418 1,959,445,230 1,959,445,230 358 TOTAL INDUSTRIAL 3,545 1,135,676,770 2,271,353,565 1,135,676,770 1,135,676,770 458 TOTAL RESIDENTIAL 55 4,324,650 8,754,204 4,324,650 4,191,320 558 TOTAL UTILITY 377 618,619,100 1,237,238,214 618,619,100 618,619,100 850 TOTAL PERSONAL 52,267 3,718,065,750 7,436,236,401 3,718,065,750 3,717,932,420 900 GRAND TOTAL 473,555 38,925,681,816 78,136,973,925 38,925,681,816 36,468,545,555 Page 3 REAL PROPERTY PERSONAL PROPERTY OAKLAND COUNTY 1997 DISTRIBUTION OF ASSESSED AND EQUALIZED VALUES BY TOWNSHIPS ASSESSING NUMBER I ASSESSED EQUALIZED TAXABLE I ASSESSED EQUALIZED TAXABLE DISTRICT OF ACRES I VALUE VALUE VALUE I VALUE VALUE VALUE ADDISON TWP 19,957.13 184,462,980 184,462,980 163,580,389 9,690,500 9,690,500 9,690,500 BLOOMFIELD TWP 13,370.36 2,507,844,540 2,507,844,540 2,368,929,120 67,833,350 67,833,350 67,833,350 BRANDON TWP 20,421.40 312,130,500 312,130,500 269,900,885 9,519,750 9,519,750 9,519,750 COMMERCE TVVP 14,951.56 1,113,113,300 1,113,113,300 939,513,460 79,636,300 79,636,300 79,636,300 GROVELAND TWP 19,349.76 149,051,330 149,051,330 133,884,019 9,746,950 9,746,950 9,746,950 HIGHLAND T1NP 20,201.69 438,573,380 438,573,380 396,979,790 21,458,450 21,458,450 21,458,450 HOLLY TWP 20,389.03 170,327,650 170,327,650 148,085,402 11,696,250 11,896,250 11,696,250 INDEPENDENCE TWP 18,667.71 849,254,100 849,254,100 752,184,600 34,844,400 34,844,400 34,844,400 LYON TVVP 18,232.12 269,797,340 269,797,340 245,582,475 38,022,800 38,022,800 38,022,800 MILFORD TWP 17,934.68 451,008,960 451,008,960 417,856,985 74,111,500 74,111,500 74,111,500 NOVI TVVP 59.84 6,598,820 6,598,820 6,098,250 55,300 55,300 55,300 OAKLAND T1NP 20,227.14 488,784,785 488,784,785 456,697,575 16,020,150 16,020,150 16,020,150 ORION TnNP 18,641.08 929,702,070 929,702,070 872,812,800 142,120,750 142,120,750 142,120,750 OXFORD TWP 19,283.26 319,836,810 319,836,810 298,400,586 32,775,400 32,775,400 32,775,400 ROSE TWP 19,798.44 149,038,360 149,038,360 129,147,595 5,774,080 5,774,080 5,774,080 ROYAL OAK 71NP 320.41 47,109,500 47,109,500 45,573,020 8,691,550 8,691,550 8,691,550 SOUTHFIELD TVVP 4,046.98 711,901,790 711,901,790 645,384,894 31,082,400 31,082,400 31,082,400 SPRINGFIELD TIN? 18,340.28 326,125,555 326,125,555 301,342,759 23,553,600 23,553,600 23,553,600 WATERFORD TWP 14,980.80 1,679,241,985 1,679,241,985 1,504,804,582 102,587,050 102,587,050 102,587,050 WEST BLOOMFIELD TWP 15,619.53 2,499,289,186 2,499,289,186 2,376,897,547 62,658,200 62,658,200 62,658,200 WHITE LAKE TWP 19,984.18 631,479,180 631,479,180 593,767,372 23,785,450 23,785,450 23,785,450 TOTAL TOWNSHIPS 334,777.38 I 14,234,672,121 14,234,672,121 13,067,424,105 I 805,664,180 805,664,180 805,664,180 Page 4 OAKLAND COUNTY 1997 DISTRIBUTION OF ASSESSED AND EQUALIZED VALUES BY TOWNSHIPS REAL/PERSONAL ASSESSING NUMBER ASSESSED EQUALIZED TAXABLE DISTRICT OF ACRES VALUE VALUE VALUE ADDISON TVVP 19,957.13 194,153,480 194,153,480 173,270,889 BLOOMFIELD TWP 13,370.36 2,575,677,890 2,575,677,890 2,436,762,470 BRANDON TWP 20,421.40 321,650,250 321,650,250 279,420,635 COMMERCE TVVP 14,951.56 1,192,749,600 1,192,749,600 1,019,149,760 GROVELAND TWP 19,349.76 158,798,280 158,798,280 143,630,969 HIGHLAND TVVP 20,201.69 460,031,830 460,031,830 418,438,240 HOLLY TWP 20,389,03 182,023,900 182,023,900 159,781,652 INDEPENDENCE TWP 18,667.71 884,098,500 884,098,500 787,029,000 LYON TVVP 18,232.12 307,820,140 307,820,140 283,605,275 MILFORD TWP 17,934.68 525,120,460 525,120,460 491,968,485 NOVI TVVP 59.84 6,654,120 6,654,120 6,153,550 OAKLAND TVVP 20,227.14 504,804,935 504,804,935 472,717,725 ORION 'TVVP 18,641.08 1,071,822,820 1,071,822,820 1,014,933,550 OXFORD TVVP 19,283.26 352,612,210 352,612,210 331,175,986 ROSE TWP 19,798,44 154,812,440 154,812,440 134,921,675 ROYAL OAK TVVP 320.41 55,801,050 55,801,050 54,264,570 SOUTHFIELD TWP 4,046.98 742,984,190 742,984,190 676,467,294 SPRINGFIELD TVVP 18,340.28 349,679,155 349,679,155 324,896,359 WATERFORD TVVP 14,980.80 1,781,829,035 1,781,829,035 1,607,391,632 WEST BLOOMFIELD TWP 15,619.53 2,561,947,386 2,561,947,386 2,439,555,747 WHITE LAKE TWP 19,984.18 655,264,630 655,264,630 617,552,822 TOTAL TOWNSHIPS 334,777.38 15,040,336,301 15,040,336,301 13,873,088,285 Page 5 OAKLAND COUNTY 1997 DISTRIBUTION OF ASSESSED AND EQUALIZED VALUES BY CITIES REAL PROPERTY PERSONAL PROPERTY ' ASSESSING NUMBER ASSESSED EQUALIZED TAXABLE ASSESSED EQUALIZED TAXABLE _ DISTRICT OF ACRES VALUE VALUE VALUE VALUE VALUE VALUE - AUBURN HILLS CITY 10,649.60 646,374,210 646,374,210 575,038,830 300,050,300 300,050,300 300,050,300 BERKLEY CITY 1,213.93 331,566,550 331,566,550 304,856,570 11,652,100 11,652,100 11,652,100 BIRMINGHAM CITY 2,217.97 1,136,506,820 1,136,506,820 1,028,004,614 49,488,090 49,488,090 49,488,090 BLOOMFIELD HILLS CITY 2,365.32 577,789,200 577,789,200 542,323,580 35,279,250 35,279,250 35,279,250 VILLAGE OF CLARKSTON CITY 322.27 31,743,780 31,743,780 28,948,740 1,703,900 1,703,900 1,703,900 CLAWSON CITY 1,067.54 271,089,850 271,089,850 255,598,010 16,295,650 16,295,650 16,295,650 FARMINGTON CITY 1,250.14 293,014,850 293,014,850 280,538,640 17,326,450 17,326,450 17,326,450 FARMINGTON HILLS CITY 16,476.19 2,746,028,550 2,746,028,550 2,675,007,610 250,772,650 250,772,650 250,772,650 FERNDALE CITY 1,884.72 354,211,720 354,211,720 317,342,580 48,533,000 48,533,000 48,533,000 HAZEL PARK CITY 1,351,79 205,466,420 205,466,420 183,872,290 16,212,750 16,212,750 16,212,750 HUNTINGTON WOODS CITY 576.33 214,851,430 214,851,430 188,861,410 2,890,050 2,890,050 2,890,050 KEEGO HARBOR CITY 285.31 60,307,890 60,307,890 55,161,840 2,960,400 2,960,400 2,960,400 LAKE ANGELUS CITY 1,049.60 39,586,000 39,586,000 34,736,840 321,480 321,480 321,480 LATHRUP VILLAGE CITY 761.99 125,828,260 125,828,260 116,140,960 5,372,550 5,372,550 5,372,550 MADISON HEIGHTS CITY 3,204.27 713,022,540 713,022,540 669,967,720 169,328,000 169,328,000 169,328,000. NORTHVILLE CITY 472.38 126,500,610 126,500,610 119,791,170 2,159,390 2,159,390 2,159,390 NOVI CITY 16,447.86 1,575,527,700 1,575,527,700 1,508,542,210 137,200,350 137,200,350 137,200,350 OAK PARK CITY 2,384.73 439,973,530 439,973,530 397,839,760 44,826,100 44,826,100 44,826,100 ORCHARD LAKE CITY 2,079.03 243,012,640 243,012,640 214,140,490 3,914,800 3,914,800 3,914,800' PLEASANT RIDGE CITY 285.59 92,055,890 92,055,890 74,411,475 2,815,550 2,815,550 2,815,550 PONTIAC CITY 8,031.63 631,929,397 631,929,397 596,084,150 244,190,050 244,190,050 244,190,050 ROCHESTER CITY 1,593.95 263,006,737 263,006,737 237,969,358 44,476,750 44,476,750 44,476,750 ROCHESTER HILLS CITY 15,280.38 2,114,890,800 2,114,890,800 2,021,948,112 198,788,700 198,788,700 195,655,370 ROYAL OAK CITY 5,599.72 1,456,637,850 1,456,637,850 1,327,868,944 104,806,700 104,806,700 104,806,700 SOUTHFIELD CITY 13,492.16 2,172,866,966 2,172,866,966 2,045,983,106 468,287,000 468,287,000 468,287,000 SOUTH LYON CITY 1,105.81 152,151,885 152,151,885 143,644,684 12,002,400 12,002,400 12,002,400 SYLVAN LAKE CITY 402.83 66,292,760 66,292,760 58,175,950 2,524,950 2,524,950 2,524,950 TROY CITY 15,987.26 3,375,246,250 3,375,246,250 3,195,831,127 579,417,710 579,417,710 579,417,710 WALLED LAKE CITY 1,204.00 136,382,030 136,382,030 125,075,940 12,468,200 12,468,200 12,468,200 WIXOM CITY 4,765.38 379,080,830 379,080,830 359,482,320 126,336,300 126,336,300 126,336,300 TOTAL CITIES 133,809.68 20,972,943,945 20,972,943,945 19,683,189,030 2,912,401,570 2,912,401,570 2,912,268,240 TOTAL TOWNSHIPS 334,777.38 14,234,672,121 14,234,672,121 13,067,424,105 1 805,664,180 805,664,180 805,664,180 TOTAL COUNTY 468,587.06 35,207,616,066 35,207,616,066 32,750,613,135 3,718,065,750 3,718,065,750 3,717,932,42(5 Page 6 946,424,510 343,218,650 1,185,994,910 613,068,450 33,447,680 287,385,500 310,341,300 2,996,801,200 402,744,720 221,679,170 217,741,480 63,268,290 39,907,480 131,200,810 882,350,540 128,660,000 1,712,728,050 484,799,630 246,927,440 94,871,440 876,119,447 307,483,487 2,313,679,500 1,561,444,550 2,641,153,966 164,154,285 68,817,710 3,954,663,960 148,850,230 505,417,130 23,885,345,515 875,089,130 316,508,670 1,077,492,704 577,602,830 30,652,640 271,893,660 297,865,090 2,925,780,260 365,875,580 200,085,040 191,751,460 58,122,240 35,058,320 121,513,510 839,295,720 121,950,560 1,645,742,560 442,665,860 218,055,290 77,227,025 840,274,200 282,446,108 2,220,603,482 1,432,675,644 2,514,270,106 155,647,084 60,700,900 3,775,248,837 137,544,140 485,818,620 22,595,457,270 15,040,336,301 13,873,088,285 OAKLAND COUNTY 1997 DISTRIBUTION OF ASSESSED AND EQUALIZED VALUES BY CITIES REAL/PERSONAL ASSESSING DISTRICT NUMBER OF ACRES ASSESSED VALUE EQUALIZED VALUE TAXABLE VALUE AUBURN HILLS CITY BERKLEY CITY BIRMINGHAM CITY BLOOMFIELD HILLS CITY VILLAGE OF CLARKSTON CITY CLAWSON CITY FARMINGTON CITY FARMINGTON HILLS CITY FERNDALE CITY HAZEL PARK CITY HUNTINGTON WOODS CITY KEEGO HARBOR CITY LAKE ANGELUS CITY LATHRUP VILLAGE CITY MADISON HEIGHTS CITY NORTHVILLE CITY NOVI CITY OAK PARK CITY ORCHARD LAKE CITY PLEASANT RIDGE CITY PONTIAC CITY ROCHESTER CITY ROCHESTER HILLS CITY ROYAL OAK CITY SOUTHFIELD CITY SOUTH LYON CITY SYLVAN LAKE CITY TROY CITY WALLED LAKE CITY WIXOM CITY TOTAL CITIES TOTAL TOWNSHIPS 10,649.60 946,424,510 1,213.93 343,218,650 2,217.97 1,185,994,910 2,365.32 613,068,450 322.27 33,447,680 1,067.54 287,385,500 1,250.14 310,341,300 16,476.19 2,996,801,200 1,884.72 402,744,720 1,351.79 221,679,170 576.33 217,741,480 285.31 63,268,290 1,049.60 39,907,480 761.99 131,200,810 3,204.27 882,350,540 472.38 128,660,000 16,447.86 1,712,728,050 2,384.73 484,799,630 2,079.03 246,927,440 285.59 94,871,440 8,031.63 876,119,447 1,593.95 307,483,487 15,280.38 2,313,679,500 5,599.72 1,561,444,550 13,492.16 2,641,153,966 1,105.81 164,154,285 402.83 68,817,710 15,987.26 3,954,663,960 1,204.00 148,850,230 4,765.38 505,417,130 133,809.68 23,885,345,515 334,777.38 15,040,336,301 TOTAL COUNTY 468,587.06 38,925,681,816 38,925,681,816 36,468,545,555 Page 7 ASSESSING DISTRICT AGRICULTURAL COMMERCIAL REAL INDUSTRIAL RESIDENTIAL TIMBER REAL REAL CUT OVER DEVELOPMENTAL REAL TOTAL REAL PROPERTY REAL OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY TOWNSHIPS (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR ADDISON 'MP 0 (1) 6,264,870 5,653,290 1,350,990 163,589,230 (2) 0 0 0 0 (3) 6,264,870 5,653,290 1,350,990 163,589,230 (4) 1.0000 1.0000 1.0000 1.0000 (5) 5,192,460 4,415,100 1,177,130 146,781,069 7,604,600 184,462,980 0 7,604,600 184,462,980 1.0000 6,014,630 163,580,389 0 0 0 BLOOMFIELD TWP (1) 0 170,311,600 18,309,480 2,319,223,460 (2) 0 0 0 0 (3) 0 170,311,600 18,309,460 2,319,223,460 (4) 0.0000 1.0000 1.0000 1.0000 _(.5) 0 167,771,730 18,276,130 2,182,881,260 BRANDON 1VVP (1 ) 5,957,000 21,202,150 883,500 284,087,850 (2) 0 0 0 0 (3) 5,957,000 21,202,150 883,500 284,087,850 (4) 1.0000 1.0000 1.0000 1.0000 (5) 4,042,110 17,798,650 818,590 247,241,535 & COMMERCE TVVP (1) 11,243,000 105,921,200 89,155,600 894,448,900 (2) 0 0 0 0 (3) 11,243,000 105,921,200 89,155,600 894,448,900 (4) 1.0000 1.0000 1.0000 1.0000 (5) 5,630,720 85,878,910 73,529,660 766,957,730 O 2,507,844,540 O 0 O 2,507,844,540 0.0000 O 2,368,929,120 O 312,130,500 O 0 0 312,130,500 0.0000 O 269,900,885 12,344,600 1,113,113,300 O 0 12,344,600 1,113,113,300 1.0000 7,516,440 939,513,460 0 0 GROVELAND TWP (1) 11,338,010 10,203,780 3,667,430 110,985,380 (2) 0 0 0 0 (3) 11,338,010 10,203,780 3,667,430 110,985,380 (4) 1.0000 1.0000 1.0000 1.0000 (5_)_. 8,372430 9,399,820 2,675,860 102,486,148 HIGHLAND TWP (1) 16,879,100 33,531,020 7,549,180 378,069,980 (2) 0 0 0 0 (3) 16,879,100 33,531,020 7,549,180 378,069,980 (4) 1.0000 1.0000 1.0000 1.0000 a 14,805,220 29,370,025 6,596,060 343,956,795 12,856,730 149,051,330 O 0 12,856,730 149,051,330 1.0000 10,949,761 133,884,019 2,544,100 438,573,380 O 0 2,544,100 438,573,380 1.0000 2,251,690 396,979,790 Page 8 ASSESSING DISTRICT HOLLY TWP OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY TOWNSHIPS (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENTAL TOTAL REAL REAL REAL REAL REAL CUT OVER REAL PROPERTY 0 0 0 0 0 0 (1) 13,037,300 20,530,500 4,588,900 123,378,150 (2) 0 0 0 0 (3) 13,037,300 20,530,500 4,588,900 123,378,150 (4) 1.0000 1.0000 1.0000 1.0000 (5) 9,588,970 16,926,805 3,754,150 110,950,127 INDEPENDENCE 'MVP (1) 0 95,527,700 5,279400 733,395,800 (2) 0 0 0 0 (3) 0 95,527,700 5,279,400 733,395,800 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 79,681,300 3,537,300 658,086,100 LYON TVVP (1) 12,179,790 29,545,230 23,138,960 196,320,700 (2) 0 0 0 0 (3) 12,179,790 29,545,230 23,138,960 196,320,700 (4) 1.0000 1.0000 1.0000 1.0000 (5) 10,436,440 26,745,740 20,695,580 180,260,295 MILFORD TVVP (1) 5,215,790 36,464,230 39,458,120 364,892,770 (2) 0 0 0 0 (3) 5,215,790 36,464,230 39,458,120 364,892,770 (4) 1.0000 1.0000 1.0000 1.0000 (5/.. 4,474,400 33,147,670 36,536,940 339,479,185 NOVI TWP (1) 0 0 0 6,598,820 (2) 0 0 0 0 (3) 0 0 0 6,598,820 (4) 0.0000 0.0000 0.0000 1.0000 (5) 0 0 0 6,098,250 OAKLAND TVVP (1 ) 9,526,660 13,247,540 3,955,660 438,943,385 (2) 0 0 0 0 (3) 9,526,660 13,247,540 3,955,660 438,943,385 (4) 1.0000 1.0000 1.0000 1.0000 (5) 8,679,350 13,029,850 3,827,580 409 A86,875 8,792,800 170,327,650 O 0 8,792,800 170,327,650 1.0000 6,867,350 148,085,402 15,051,200 849,254,100 O 0 15,051,200 849,254,100 1.0000 10,879,900 752,184,600 8,612,660 269,797,340 O 0 8,612,660 269,797,340 1.0000 7,444,420 245,582,475 4,978,050 451,008,960 O 0 4,978,050 451,008,960 1.0000 4,218,790 417,856,985 0 6,598,820 O 0 O 6,598,820 0.0000 a 6,098,250 23,111,540 488,784,785 O 0 23,111,540 488,784,785 1.0000 21,673,920 456,697,575 Page 9 ASSESSING AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENTAL DISTRICT REAL REAL REAL REAL CUT OVER REAL TOTAL REAL PROPERTY OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY TOWNSHIPS (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR ORION TVVP 0 (1) 6,463,900 89,604,220 114,367,100 719,266,850 (2) 0 0 0 0 (3) 6,463,900 89.604,220 114,367,100 719,266,850 (4) 1.0000 1.0000 1.0000 1.0000 (5) 6,364,940 86,121,400 113,245,670 667,080,790 O 929,702,070 O 0 929,702,070 0.0000 O 872,812,800 0 0 OXFORD1VVP (1) (2) (3) (4) (5) ROSE TIAP (1) (2) (3) (4) (5) 8,650,086 32,279,457 27,072,128 251,300,459 O 0 0 0 8,650,086 32,279,457 27,072,128 251,300,459 1.0000 1.0000 1.0000 1.0000 8,612,346 30,974,026 26,509,824 231,769,710 12,697,100 413,870 481,930 135,042,170 O 0 0 0 12,697,100 413,870 481,930 135,042,170 1.0000 1.0000 1.0000 1.0000 10,085,790 300,040 476,830 117,888,575 534,680 319,836,810 0 534,680 319,836,810 1.0000 534,680 298,400,586 403,290 149,038,360 0 0 403,290 149,038,360 1.0000 396,360 129,147,595 0 0 0 ROYAL OAK TVVP (1) 0 33,863,910 5,832,600 7,412,990 (2) 0 0 0 0 (3) 0 33,863,910 5,832,600 7,412,990 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 33,661,020 4,703,010 7,208,990 SOUTHFIELD 1VVP (1) 0 69,688,780 148,200 642,064,810 (2) 0 0 0 0 (3) 0 69,688,780 148,200 642,064,810 (4) 0.0000 1 0000 1.0000 1.0000 (5) 0 67,825,410 148,200 577,411,284 SPRINGFIELD 11/VP (1) 5,243,000 17,636,100 10,148,850 286,695,400 (2) 0 0 0 0 (3) 5,243,000 17,636,100 10,148,850 286,695,400 (4) 1.0000 1.0000 1.0000 1.0000 (5) 4,043,985 16,687,380 9,900,810 265,779,864 O 47,109,500 0 0 O 47,109,500 0.0000 O 45,573,020 O 711,901,790 O 0 O 711,901,790 0.0000 • 645,384,894 6,402,205 326,125,555 O 0 6,402,205 326,125,555 1.0000 4,930,720 301,342,759 Page 10 DEVELOPMENTAL REAL TOTAL REAL PROPERTY 0 0 0 0 WHITE LAKE TWP (1) 8,065,980 43,635,960 3,807,870 574,116,060 (2) 0 0 0 0 (3) 8,065,980 43,635,960 3,807,870 574,116,060 (4) 1.0000 1.0000 1.0000 1.0000 (5) 7,561,080 39,026,700 3,428,660 542,112,042 TOTAL TOWNSHIPS (1) 134,485,336 1,369,395,633 384,440,658 12,241,260,729 (2) 0 0 0 0 (3) 134,485,336 1,369,395,633 384,440,658 12,241,260,729 (5) 109,611,991 1,259,749,428 354,106,463 11,258,638,672 OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY TOWNSHIPS (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR ASSESSING AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DISTRICT REAL REAL REAL REAL CUT OVER WATERFORD TWP (1) (2) (3) (4) WEST BLMFLD TWP (1) (2) (3) (4) 151 1,723,750 348,514,426 19,559,120 1,309,444,689 O 0 0 0 1,723,750 348,514,426 19,559,120 1,309,444,689 1.0000 1.0000 1.0000 1.0000 1,723,750 315,055,116 19,376,900 1,168,648,816 0 191,620,670 5,685,640 2,301,982,876 O 0 0 0 O 191,620,670 5,685,640 2,301,982,876 0.0000 1.0000 1.0000 1.0000 O 186,932,736 4,891,579 2,186,073,232 O 1,679,241,985 O 0 O 1,679,241,985 0,0000 O 1,504,804,582 O 2,499,289,186 O 0 O 2,499,289,186 0.0000 O 2,376,897,547 1,853,310 631,479,180 O 0 1,853,310 631,479,180 1.0000 1,638,890 593,767,372 105,089,765 14,234,672,121 O 0 105,089,765 14,234,672,121 85,317,551 13,067,424,105 Page 11 OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY CITIES (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR ASSESSING AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENTAL TOTAL REAL DISTRICT REAL REAL REAL REAL CUT OVER REAL PROPERTY 0 0 0 0 0 0 AUBURN HILLS CITY (1) 0 226,816,010 244,260,550 175,297,650 (2) 0 0 0 0 (3) 0 226,816,010 244,260,550 175,297,650 (4) 0.0000 1.0000 1.00e0 1.0000 n 0 194,295,200 222,691,815 158,051 815 BERKLEY CITY (1) 0 31,808,380 2,299,090 297,459,080 (2) 0 0 0 0 (3) 0 31,808,380 2,299,090 297,459,080 (4) 0.0000 1.0000 1.0000 1.0000 (51 0 31,186,750 2,277,710 271,392,110 BIRMINGHAM CITY (1) 0 247,005,920 10,112,550 879,388,350 (2) 0 0 0 0 (3) 0 247,005,920 10,112,550 879,388,350 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 219,777,222 9,293,650 798,933,742 BLOOMFIELD HILLS CITY (1) 0 97,707,620 113,030 479,968,550 (2) 0 0 0 0 (3) 0 97,707,620 113,030 479,968,550 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 97,032,800 113,030 445,177,750 VLG OF CLARKSTON CITY (1) 0 5,932,180 0 25,811,600 (2) 0 0 0 0 (3) 0 5,932,180 0 25,811,600 (4) 0.0000 1.0000 0.0000 1.0000 (5) 0 5,151,450 0 23,797,290 CLAWSON CITY (1) 0 46,909,200 13,849,220 210,331,430 (2) 0 0 0 0 (3) 0 46,909.200 13,849,220 210,331,430 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 46,547,290 13,792,330 195,258,390 FARMINGTON CITY (1) 0 73,805,230 11,908,510 207,301,110 (2) 0 0 0 0 (3) 0 73,805,230 11,908,510 207,301,110 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 72,782,350 111721,310 196,034,980 O 646,374,210 O 0 O 646,374,210 0.0000 O 575,038,830 0 331,566,550 O 0 O 331,566,550 0.0000 O 304,856,570 O 1,136,506,820 O 0 O 1,136,506,820 0.0000 O 1,028,004,614 O 577,789,200 O 0 O 577,789,200 0.0000 O 542,323,580 O 31,743,780 O 0 O 31,743,780 0.0000 O 28,948,740 O 271,089,850 O 0 O 271,089,850 0.0000 O 255,598,010 0 293,014,850 O 0 0 293,014,850 0,0000 O 280,538,640 Page 12 OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY CITY (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR ASSESSING AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENTAL TOTAL REAL DISTRICT REAL REAL REAL REAL CUT OVER REAL PROPERTY 0 FARMINGTON HILLS CITY (1) 0 606,417,920 199,834,180 1,939,776,450 (2) 0 0 0 0 (3) 0 606,417,920 199,834,180 1,939,776,450 (4) 0.0000 1.0000 1.0000 1.0000 151 0 599,175,500 196,065,580 1,879,766,530 O 2,746,028,550 O 0 O 2,746,028,550 0.0000 O 2,675,007,610 FERNDALE CITY 0 HAZEL PARK CITY 0 (1) 0 56,236,820 37,238,480 260,736,420 (2) 0 0 0 0 (3) 0 56,236,820 37,238,480 260,736,420 (4) 0.0000 1.0000 1.0000 1.0000 (51 0 52,731,260 36,069,590 228,541,730 (1) 0 35,694,970 12,419,780 157,351,670 (2) 0 0 0 0 (3) 0 35,694,970 12,419.780 157,351,670 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 29,111,690 10,145,320 144,615,280 O 354,211,720 O 0 O 354,211,720 0.0000 O 317,342,580 O 205,466,420 O 0 O 205,466,420 0.0000 O 183,872,290 0 0 0 0 HUNTINGTON WOODS CITY (1) 0 5,508,160 0 209,343,270 (2) 0 0 0 0 (3) 0 5,508,160 0 209,343,270 (4) 0.0000 1.0000 0.0000 1.0000 (5) 0 5,508,160 0 183,353,250 KEEGO HARBOR CITY (1 ) 0 13,224,150 0 47,083,740 (2) 0 0 0 0 (3) 0 13,224,150 0 47,083,740 (4) 0.0000 1.0000 0.0000 1.0000 (5) 0 12,680,480 0 42,481,360 LAKE ANGELUS CITY (1) 0 85,200 0 39,500,800 (2) 0 0 0 0 (3) 0 85,200 0 39,500,800 (4) 0.0000 1.0000 0.0000 1.0000 (5) 0 77,700 0 34,659,140 LATHRUP VILLAGE CITY (1) 0 16,785,010 0 109,043,250 (2) 0 0 0 0 (3) 0 16,785,010 0 109,043,250 (4) 0.0000 1.0000 0,0000 1.0000 (5) 0 15,607,420 0 100,533,540 O 214,851,430 O 0 O 214,851,430 0.0000 O 188,861,410 O 60,307,890 O 0 O 60,307,890 0.0000 O 55,161,840 O 39,586,000 O 0 O 39,586,000 0.0000 O 34,736,840 O 125,828,260 O 0 O 125,828,260 0.0000 O 116,140,960 Page 13 (1) 0 175,219,790 171,098,160 366,704,590 (2) 0 0 0 0 (3) 0 175,219,790 171,098,160 366,704,590 (4) 0.0000 1.0000 1.0000 1.0000 n 0 162,203,260 170,807,080 336,957,380 NORTHVILLE CITY (1) 0 2,771,850 756,650 122,972,110 (2) 0 0 0 0 (3) 0 2,771,850 756,650 122,972,110 (4) 0.0000 1.0000 1 0000 1.0000 (5) 0 2,763,150 731,920 116,296,100 NOVI CITY (1) 0 379,108,350 134,748,900 1,026,671,900 (2) 0 0 0 0 (3) 0 379,108,350 134,748,900 1,026,671,900 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 372,639,730 134,267,660 973,602,400 OAK PARK CITY (1) 0 62,814,500 41,315,930 335,843.100 (2) 0 0 0 0 (3) 0 62,814,500 41,315,930 335,843,100 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 60,404,500 41,264,410 296,170,850 ORCHARD LAKE CITY (1) 466,200 9,271,650 28,160 232,585,630 (2) 0 0 • 0 0 (3) 466,200 9,271,650 28,160 232,585,630 (4) 1.0000 1.0000 1.0000 1.0000 (5) 379,380 8,919,010 27,660 204,170,440 MADISON HEIGHTS CITY PLEASANT RIDGE CITY PONTIAC CITY (1) (2) (3) (4) L5/ (I) (2) (3) (4) 0 0 0 0 0 0 0 OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY CITY (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR ASSESSING AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENTAL TOTAL REAL DISTRICT REAL REAL REAL REAL CUT OVER REAL PROPERTY O 2,547,740 989,750 88,518,400 O 0 0 0 O 2,547,740 989,750 88,518,400 0.0000 1.0000 1.0000 1.0000 O 2,401,300 870,640 71,139,535 O 152,909,080 117,194,710 361,825,607 O 0 0 0 O 152,909,080 117,194,710 361,825,607 0.0000 1.0000 1.0000 1.0000 O 149,570,770 117,143,780 329,369.600 O 713,022,540 O 0 O 713,022,540 0.0000 O 669,967,720 0 126,500,610 0 O 126,500,610 0.0000 0 119,791,170 34,998,550 1,575,527,700 O 0 34,998,550 1,575,527,700 1.0000 28,032,420 1,508,542,210 O 439,973,530 O 0 O 439,973,530 0.0000 O 397,839,760 661,000 243,012,640 O 0 661,000 243,012,640 1.0000 644,000 214,140,490 O 92,055,890 O 0 O 92,055,890 0.0000 O 74,411,475 O 631,929,397 O 0 O 631,929,397 0,0000 O 596,084,150 Page 14 OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY CITIES (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR ASSESSING AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENTAL TOTAL REAL DISTRICT REAL REAL REAL REAL CUT OVER REAL PROPERTY ROCHESTER CITY 0 (1) 0 61,466,467 28,604,980 167,683,290 (2) 0 0 0 0 (3) 0 61,466,467 28,604,980 167,683,290 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 56,730,427 26,592,330 151,232,596 5,252,000 263,006,737 O 0 5,252,000 263,006,737 1.0000 3,414,005 237,969,358 0 0 0 0 0 ROCHESTER HILLS CITY (1) 0 276,197,530 155,239,610 1,683,453,660 (2) 0 0 0 0 (3) 0 276,197,530 155,239,610 1,683,453,660 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 265,798,030 150,203,650 1,605,946,432 ROYAL OAK CITY (1) 0 254,851,560 34,357,570 1,167,428,720 (2) 0 0 0 0 (3) 0 254,851,560 34,357,570 1,167,428,720 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 245,525,839 33,526,440 1,048,816,665 SOUTHFIELD CITY (1) 0 1,099,749,470 41,967,890 1,031,149,606 (2) 0 0 0 0 (3) 0 1,099,749,470 41,967,890 1,031,149,606 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 1,052,215,230 41,787,710 951,980,166 SOUTH LYON CITY (1) 0 26,151,817 5,340,183 120,481,085 (2) 0 0 0 0 (3) 0 26,151,817 5,340,183 120,481,085 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 24,067,435 4,810,693 114,587,756 SYLVAN LAKE CITY (1) 0 6,491,240 2,569,450 57,232,070 (2) 0 0 0 0 (3) 0 6,491,240 2,569,450 57,232,070 (4) 0.0000 1.0000 1.0000 1.0000 151 0 6,146,180 2.236,920 49,792,850 O 2,114,890,800 O 0 O 2,114,890,800 0.0000 0 2,021,948,112 O 1,456,637,850 O 0 O 1,456,637,850 0.0000 O 1,327,868,944 O 2,172,866,966 O 0 O 2,172,866,966 0.0000 0 2,045,983,106 178,800 152,151,885 0 178,800 152,151,885 1.0000 178,800 143,644,684 O 66,292,760 O 0 O 66,292,760 0.0000 O 58,175,950 TROY CITY 0 (1) 0 929,449,830 407,887,170 2,037,909,250 (2) 0 0 0 0 (3) 0 929,449,830 407,887,170 2,037,909,250 (4) 0.0000 1.0000 1.0000 1.0000 (5) 0 893,495,360 404,623,590 1,897,712,177 O 3,375,246,250 O 0 O 3,375,246,250 0.0000 O 3,195,831,127 Page 15 WALLED LAKE CITY (1) 0 29,983,620 7,831,800 98,566,610 (2) 0 0 0 0 (3) 0 29,983,620 7,831,800 98,566,610 (4) 0.0000 1.0000 1.0000 1.0000 0 27,037,850 7,103,090 90,935,000 VVIXOM CITY (1) 25,910 65,588,800 144,106,170 165,870,790 (2) 0 0 0 0 (3) 25,910 65,588,800 144,106,170 165,870,790 (4) 1.0000 1.0000 1.0000 1.0000 (5) 22,820 61,770,560 139,293,950 155,075,600 TOTAL CITIES (1) 492,110 4,998,510,064 1,826,072,473 14,103,289,788 (2) 0 0 0 0 (3) 492,110 4,998,510,064 1,826,072,473 14,103,289,788 (5) 402,200 4,773,353,903 1,777,461,858 13,096,382,454 TOTAL TOWNSHIPS (1) 134,485,336 1,369,395,633 384,440,658 12,241,260,729 (2) 0 0 0 0 (3) 134,485,336 1,369,395,633 384,440,658 12,241,260,729 (5) 109,611,991 1,259,749,428 354,106,463 11,258,638,672 0 0 0 0 (1) 134,977,446 6,367,905,697 2,210,513,131 26,344,550,517 (2) 0 0 0 0 (3) 134,977,446 6,367,905,697 2,210,513,131 26,344,550,517 (5) 110,014,191 6,033,103,331 2,131,568,321 24,355,021,126 TOTAL COUNTY 0 OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY' VALUATIONS BY CITIES (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR ASSESSING AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENTAL TOTAL REAL DISTRICT REAL REAL REAL REAL CUT OVER REAL PROPERTY O 136,382,030 O 0 O 136,382,030 0.0000 0 125,075,940 3,489,160 379,080,830 O 0 3,489,160 379,080,830 1.0000 3,319,390 359,482,320 44,579,510 20,972,943,945 O 0 44,579,510 20,972,943,945 35,588,615 19,683,189,030 105,089,765 14,234,672,121 O 0 105,089,765 14,234,672,121 85,317,551 13,067,424,105 149,669,275 35.207,616,066 O 0 149,669,275 35,207,616,066 120,906,166 32,750,613,135 Page 16 OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF PERSONAL PROPERTY VALUATIONS BY TOWNSHIPS (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR ASSESSING DISTRICT AGRICULTURAL PERSONAL COMMERCIAL INDUSTRIAL RESIDENTIAL UTILITIES PERSONAL PERSONAL PERSONAL PERSONAL TOTAL PERSONAL PROPERTY ADDISON TWP BLOOMFIELD TVVP BRANDON TWP COMMERCE TVVP GROVELAND TWP HIGHLAND TAIP O 1,515,400 2,058,800 0 6,116,300 (1) 9,690,500 (2) 0 (3) 9,690,500 (4) 1.0000 (5) 9,690,500 O 49,422,050 189,700 0 18,221,600 (1) 67,833,350 (2) 0 (3) 67,833,350 (4) 1.0000 (5) 67,833,350 O 2,595,400 0 0 6,924,350 (1) 9,519,750 (2) 0 (3) 9,519,750 (4) 1.0000 (51 9,519,750 0 28,865,200 26,069,900 0 24,701,200 (1) 79,636,300 (2) 0 (3) 79,636,300 (4) 1.0000 (5) 79,636,300 O 3,071,700 1,054,050 0 5,621,200 (1) 9,746,950 (2) 0 (3) 9,746,950 (4) 1.0000 (5) 9,746,950 0 7,931,400 2,342,000 0 11,185,050 (1) 21,458,450 (2) 0 (3) 21,458,450 (4) 1.0000 (5) 21,458,450 Page 17 ASSESSING DISTRICT OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPER"fY VALUATIONS BY TOWNSHIPS (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR AGRICULTURAL PERSONAL COMMERCIAL INDUSTRIAL RESIDENTIAL UTILITIES PERSONAL PERSONAL PERSONAL PERSONAL TOTAL PERSONAL PROPERTY HOLLY TWP 0 5,269,650 1,778,800 84,150 4,563,650 (1) 11,696,250 (2) 0 (3) 11,696,250 (4) 1.0000 84,150 (5) 11,696,250 INDEPENDENCE NW, 0 14,950,700 2,142,500 133,700 17,617,500 (1) 34,844,400 (2) 0 (3) 34,844,400 (4) 1.0000 133,700 (5) 34,844,400 LYON TWP 0 9,326,950 11,502,550 426,900 16,766,400 (1) 38,022,800 (2) 0 (3) 38,022,800 (4) 1.0000 426,900 (5) 38,022,800 MILFORD TVVP 0 37,544,600 8,791,200 0 27,775,700 (1) 74,111,500 (2) 0 (3) 74,111,500 (4) 1.0000 (5) 74,111,500 NOVI TWP 0 500 0 0 54,800 (I) 55,300 (2) 0 (3) 55,300 (4) 1.0000 (5) 55,300 OAKLAND TWP 0 2,492,800 3,442,100 0 10,085,250 (1) 16,020,150 (2) 0 (3) 16,020,150 (4) 1.0000 (5) 16,020,150 Page 18 28.739,900 (1) 142,120,750 (2) 0 (3) 142,120,750 (4) 1.0000 (5) 142,120,750 ORION 7WP 19,174,500 94,206,350 0 0 OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY TOWNSHIPS (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR ASSESSING DISTRICT AGRICULTURAL PERSONAL COMMERCIAL PERSONAL INDUSTRIAL PERSONAL RESIDENTIAL UTILITIES PERSONAL PERSONAL TOTAL PERSONAL PROPERTY OXFORD TVVP ROSE TVVP ROYAL OAK TWP SOUTHFIELD TWP SPRINGFIELD TVVP O 9,318,150 13,594,450 0 9,862,800 (1) 32,775,400 (2) 0 (3) 32,775.400 (4) 1.0000 (5) 32,775,400 O 298,170 0 0 5,475,910 (1) 5,774,080 (2) 0 (3) 5,774,080 (4) 1.0000 (5) 5,774,080 O 6,144,400 1,667,200 0 879,950 (1) 8,691,550 (2) 0 (3) 8,691,550 (4) 1.0000 (5) 8,691,550 O 25,345,800 0 0 5,738,600 (1) 31,082,400 (2) 0 (3) 31,082,400 (4) 1.0000 (5) 31,082,400 O 4,373,400 7,040,000 0 12,140,200 (1) 23,553,600 (2) 0 (3) 23,553,600 (4) 1.0000 (5) 23,553,600 Page 19 ASSESSING DISTRICT AGRICULTURAL PERSONAL COMMERCIAL PERSONAL INDUSTRIAL PERSONAL RESIDENTIAL PERSONAL UTILMES PERSONAL TOTAL PERSONAL PROPERTY WATERFORD TVVP -- WEST BLMFLD TWP WHITE LAKE 'TWP TOTAL TOWNSHIPS OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY TOWNSHIPS (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR 0 67,675,550 8,515,550 0 26,395,950 (1) 102,587,050 (2) 0 (3) 102,587,050 (4) 1 0000 (5) 102,587,050 O 35,479,350 351,000 733,300 26,094,550 (1) 62,658,200 (2) 0 (3) 62,658,200 (4) 1 0000 733,300 (5) 62,658,200 O 7,504,550 797,050 0 15,483,850 (1) 23,785,450 (2) 0 (3) 23,785,450 (4) 1.0000 A 23,785,450 O 338,300,220 185,543,200 1,378,050 280,442,710 (1) 805,664,180 (2) 0 (3) 805,664,180 (5) 805,664,180 Page 20 OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY CITIES (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR ASSESSING DISTRICT AGRICULTURAL PERSONAL COMMERCIAL INDUSTRIAL RESIDENTIAL UTILITIES PERSONAL PERSONAL PERSONAL PERSONAL TOTAL PERSONAL PROPERTY AUBURN HILLS CITY BERKLEY CITY BIRMINGHAM CITY BLOOMFIELD HILLS CITY VLG OF CLARKSTON CITY CLAVYSON CITY FARMINGTON CITY O 123,723,750 161,884,200 0 14,462,350 (1) 300,050,300 (2) 0 (3) 300,050,300 (4) 1.0000 (8) 300,050,300 O 7,469,400 462,350 0 3,720,350 (1) 11,652,100 (2) 0 (3) 11,652,100 (4) 1.0000 (5) 11,652,100 O 39,710,590 1,333,450 0 8,444,050 (1) 49,488,090 (2) 0 (3) 49,488,090 (4) 1.0000 (5) 49,488,090 O 31,303,150 0 0 3,976,100 (1) 35,279,250 (2) 0 (3) 35,279,250 (4) 1,0000 (5) 35,279,250 O 920,850 0 0 783,050 (1) 1,703,900 (2) 0 (3) 1,703,900 (4) 1 0000 (5) 1,703,900 O 10,704,450 3,212,300 0 2,378,900 (1) 16,295,650 (2) 0 (3) 16,295,650 (4) 1.0000 (5) 16,295,650 O 10,272,750 2,338,200 0 4,715,500 (1) 17,326,450 (2) 0 (3) 17,326,450 (4) 1.0000 (5) 17,326,450 Page 21 FARMINGTON HILLS CITY O 164,701,150 OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY CITY (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR ASSESSING AGRICULTURAL COMMERCIAL DISTRICT PERSONAL PERSONAL INDUSTRIAL RESIDENTIAL UTILITIES PERSONAL PERSONAL PERSONAL TOTAL PERSONAL PROPERTY 44,424,350 0 41,647,150 (1) 250,772,650 (2) 0 (3) 250,772,650 (4) 1.0000 (5) 250,772,650 FERNDALE CITY HAZEL PARK CITY HUNTINGTON WOODS CITY KEEGO HARBOR CITY O 18,633,250 22,517,350 0 7,382,400 (1) 48,533,000 (2) 0 (3) 48,533,000 (4) 1.0000 (5) 48,533,000 0 7,420,500 4,824,450 0 3.967,800 (1) 16,212,750 (2) 0 (3) 16,212,750 (4) 1.0000 (5) 16,212,750 O 1,563,350 0 0 1,326,700 (1) 2,890,050 (2) 0 (3) 2,890,050 (4) 1.0000 (5) Z890,050 O 2,141,400 0 0 819,000 (1) 2,960,400 (2) 0 (3) 2,960,400 (4) 1.0000 (5) 2,960,400 LAKE ANGELUS CITY 0 0 0 0 321,480 (1) 321,480 (2) 0 (3) 321,480 (4) 1.0000 (5) 321,480 LATHRUP VILLAGE CITY 0 4,126,300 0 0 1,246,250 (1) 5,372,550 (2) 0 (3) 5,372,550 (4) 1.0000 (5). 5,372,550 Page 22 ASSESSING DISTRICT AGRICULTURAL PERSONAL COMMERCIAL PERSONAL INDUSTRIAL PERSONAL RESIDENTIAL PERSONAL UTILITIES PERSONAL TOTAL PERSONAL PROPERTY OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY CITY (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR MADISON HEIGHTS CITY NORTHVILLE CITY NOVI CITY OAK PARK CITY ORCHARD LAKE CITY PLEASANT RIDGE CITY PONTIAC CITY O 62,243,010 92,611,310 0 14,473,680 (1) 169,328,000 (2) 0 (3) 169,328,000 (4) 1.0000 (51 169,328,000 O 763,450 158,690 0 1,239,250 (1) 2,159,390 (2) 0 (3) 2,159,390 (4) 1.0000 (5) 2,159,390 O 92,432,850 23,184,900 0 21,582,600 (1) 137,200,350 (2) 0 (3) 137.200,350 (4) 1.0000 (5) 137,200,350 O 28,467,900 10,068,800 0 6,289,400 (1) 44,826,100 (2) 0 (3) 44,826,100 (4) 1.0000 (5) 44,826,100 O 2,444,900 0 0 1,469,900 (1) 3,914,800 (2) 0 (3) 3,914,800 (4) 1.0000 (5) 3,914,800 O 725,400 1,250,550 0 839,600 (1) 2,815,550 (2) 0 (3) 2,815,550 (4) 1.0000 (5) 2,815,550 O 89,695,550 121,860,300 0 32,634,200 (1) 244,190,050 (2) 0 (3) 244,190,050 (4) 1.0000 (5) 244,190,050 Page 23 OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY CITIES (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR ASSESSING DISTRICT AGRICULTURAL PERSONAL COMMERCIAL INDUSTRIAL RESIDENTIAL UTILITIES PERSONAL PERSONAL PERSONAL PERSONAL TOTAL PERSONAL PROPERTY ROCHESTER CITY 0 20,259,750 18,832,800 0 5,384,200 (1) 44,476,750 (2) 0 (3) 44,476,750 (4) 1.0000 (5) 44,476,750 ROCHESTER HILLS CITY 0 70,519,600 90,019,300 2,946,600 35,303,200 (1) 198,788,700 (2) 0 (3) 198,788,700 (4) 1 0000 2,813,270 (5) 198,655,370 ROYAL OAK CITY 0 64,492,850 15,320,800 0 24,993,050 (1) 104,806,700 (2) 0 (3) 104,806,700 (4) 1 0000 (5) 104,806,700 SOUTHFIELD CITY 0 408,855,500 20,156,850 0 39,274,650 (1) 468,287,000 (2) 0 (3) 468,287,000 (4) 1.0000 (5) 468,287,000 SOUTH LYON CITY 0 3,026,500 6,617,550 0 2,358,350 (1) 12,002,400 (2) 0 (3) 12,002,400 (4) 1.0000 (5) 12,002,400 SYLVAN LAKE CITY 0 1,844,100 0 0 680,850 (1) 2,524,950 (2) 0 (3) 2,524,950 (4) 1.0000 (5) 2,524,950 TROY CITY 0 321,925,610 213,430,720 0 44,061,380 (1) 579,417,710 (2) 0 (3) 579,417,710 (4) 1.0000 (5) 579,417,710 Page 24 AGRICULTURAL PERSONAL ASSESSING DISTRICT COMMERCIAL PERSONAL RESIDENTIAL PERSONAL INDUSTRIAL PERSONAL TOTAL PERSONAL PROPERTY UTILITIES PERSONAL 2,851,650 (1) (2) (3) (4) (5) 9,549,350 (1) (2) (3) (4) (5) 12,468,200 0 12,468,200 t0000 12,468,200 126,336,300 0 126,336,300 1 0000 126,336,300 0 5,224,050 4,392,500 OAKLAND COUNTY 1997 ANALYSIS BY CLASS OF REAL PROPERTY VALUATIONS BY CITIES (1) ASSESSED VALUES BY CLASS (3) EQUALIZED VALUES BY CLASS (5) TAXABLE VALUE (2) AMOUNT ADDED OR DEDUCTED (4) EQUALIZATION FACTOR WALLED LAKE CITY VVIXOM CITY 0 25,533,100 91,253,850 0 0 TOTAL CITIES TOTAL TOWNSHIPS O 1,621,145,010 950,133,570 2,946,600 338,176,390 (1) 2,912,401,570 - (2) 0 (3) 2,912,401,570 . . (5) 2,912,268,240 4 4 0 -- - O 338,300,220 185,543,200 1,378,050 280,442,710 (1) 805,664,180 (2) 0 (3) 805,664,180 (5) 805,664,180 TOTAL COUNTY O 1,959,445,230 1,135,676,770 4,324,650 618,619,100 (1) 3,718,065,750 (2) 0 (3) 3,718,065,750 (5) 3,717,932,420 • • Page 25 OAKLAND COUNTY EQUALIZATION FACTORS ANALYSIS BY CLASS BY TOWNSHIPS ASSESSING AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENTAL TOTAL DISTRICT REAL REAL REAL REAL CUTOVER REAL PERSONAL 1.0000 1.0000 1.0000 1.0000 1,0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 ADDISON TWP BLOOMFIELD TVVP BRANDON TWP COMMERCE TVVP GROVELAND TWP HIGHLAND TWP HOLLY TVVP INDEPENDENCE TVVP LYON TWP MILFORD TWP NOVI TVVP OAKLAND TWP ORION TWP OXFORD TWP ROSE TWP ROYAL OAK TNP SOUTHFIELD TVVP SPRINGFIELD TVVP WATERFORD TWP WEST BLC)OMFIELD TVVP WHITE LAKE TVVP 1.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 0.0000 1.0400 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 0.0000 0.0000 0.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1,0000 1.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 0.0000 1.0000 0.0000 0.0000 0.0000 0.0000 0.0000 1.0000 0.0000 1.0000 0.0000 1.0000 0.0000 1.0000 0.0000 1.0000 0.0000 1.0000 0.0000 1.0000 0.0000 0.0000 0.0000 1.0000 0.0000 0.0000 0.0000 1.0000 0.0000 1.0000 0.0000 0.0000 0.0000 0.0000 0.0000 1.0000 0.0000 0.0000 0.0000 0.0000 0.0000 1.0000 n•• Page 26 _ i" OAKLAND COUNTY EQUALIZATION FACTORS ANALYSIS BY CLASS BY CITIES ASSESSING AGRICULTURAL COMMERCIAL INDUSTRIAL RESIDENTIAL TIMBER DEVELOPMENTAL TOTAL DISTRICT REAL REAL REAL REAL CUTOVER REAL PERSONAL AUBURN HILLS CITY BERKLEY CITY BIRMINGHAM CITY BLOOMFIELD HILLS CITY VILLAGE OF CLP,RKSTON CITY CL AWSON CITY FARMINGTON CITY FARMINGTON HILLS CITY FERNDALE CITY HAZEL PARK CITY HUIsMNGTON WOODS CITY KEEGO HARBOR CITY LAKE ANGELUS CITY LATHRUP VILLAGE CITY MADISON HEIGHTS CITY NORTHVILLE CITY NOVI CITY OAK PARK CITY ORCHARD LAKE CITY PLEASANT RIDGE CITY PONTIAC CITY ROCHESTER CITY ROCHESTER HILLS CITY ROYAL OAK CITY SOUTHFIELD CITY SOUTH LYON CITY SYLVAN LAKE CITY TROY CITY WALLED LAKE CITY VVIXOM CITY 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 0.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 0.0000 1.0000 0.0000 1.0000 0.0000 1.0000 0.0000 1.0000 0.0000 1.0000 0.0000 1.0000 0.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 0.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0,0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 1.0000 1.0000 0.0000 0.0000 1.0000 0.0000 1.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1,0000 0.0000 1.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 1.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 0.0000 1.0000 0.0000 1.0000 1.0000 Page 27 • • - 1997 OAKLAND COUNTY EQUALIZATION DISTIRBUTION OF INDUSTRIAL FACILITIES TAX (PA 198 OF 1974) COMMERCIAL FACILITIES TAX (PA 255 OF 1978) TECHNOLOGY PARK DEVELOPMENT TAX (PA 385 OF 1984) MCL211.181, 211.182 (PA 189 OF 1953) FOR INFORMATION ONLY ACT 189 ACT 198 ACT 255 ACT 385 NEW REHAB NEW REHAB NEW NEW TOWNSHIPS Addison 150,800 499,340 46,500 Commerce 1,883,000 Highland 494,360 Holly 119,400 Milford 18,207,660 Orion 58,220,300 Oxford 2,401,040 ; Springfield 1,026,600 - • Waterford 489,600 307,100 r.' CITIES 4. Auburn Hills 324,088,105 13,000 60,572,430 93,500,195 Ferndale 624,130 Hazel Park a Madison Heights 526,860 102,600 171,360 Novi 1,898,050 Oak Park 1,352,010 5,803,230 127,200 Pontiac 19,811,320 127,826,310 296,200 2,373,940 Rochester 621,200 9,012,340 34,100 Rochester Hills 958,000 17,581,040 Royal Oak 306.900 20,370,500 300,600 884,900 Southfield 4,510,450 6.979,300 Troy 14,183,980 Wixom 76,340,750 TOTAL COUNTY 1,791,760 22,037,930 685,751,545 690,400 71,244,870 93,500,195 44 . Page 28 • r .6 r Resolution #97076 April 24, 1997 Moved by Douglas supported by Obrecht the resolution be adopted. AYES: Dingeldey, Douglas, Garfield, Holbert, Huntoon, Jensen, Johnson, Kaczmar, Kingzett, McCulloch, McPherson, Obrecht, Palmer, Pernick, Powers, Schmid, Taub, Wolf, Amos, Coleman, Devine. (21) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. STATE OF MICHIGAN) COUNTY OF OAKLAND) 1, Lynn D. Allen, Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on April 24, 1997 with the original record thereof now remaining in my office. In Testimony Whereof, I have hereunto set my hand and affixed the seal of the County of Oakland at Pontiac, Michigan this 24th day ec,April 997. D. Allen, County Clerk