Property tax rates rise slightly in most of Dickinson
IRON MOUNTAIN — Property tax rates in 2024 are up slightly in all but one Dickinson County community, mainly due to a voter-approved levy for technical education in the Dickinson-Iron Intermediate School District.
In February, voters approved an increase of 0.5206 mills in the ISD levy for 10 years to upgrade the Career and Technical Education Center in Kingsford. The measure drew 58% support in the district, which includes Dickinson and Iron counties and Menominee County’s Faithorn Township.
The ISD levy in 2024 is 3.144 mills, or about $3.14 per $1,000 of taxable value, which is up from 2.6234 mills in 2023, an increase of about 52 cents per $1,000 of taxable value.
This year’s tax rate is down only in Breen Township, where property owners will see a reduction in the township’s extra-voted millage. That rate dropped by 1.9826 mills, or $1.98 per $1,000 of taxable value, according to the 2024 Apportionment Report released in October by Dickinson County Equalization Director Matthew Baumgartner. The extra-voted township rate was 4.944 mills in 2023, compared with 2.9614 mills this year.
Also down is the extra-voted/debt levy for Norway-Vulcan Schools, which includes the city of Norway as well as the townships of Norway and Waucedah. It dipped from 3.4 mills in 2023 to 3 mills this year, a savings of 40 cents per $1,000 of taxable value.
Meanwhile, the North Dickinson County School District’s extra-voted levy rose to 2 mills, up from 1.69 mills a year ago, an increase of 31 cents per $1,000 of taxable value. The district includes Breen, Felch, Sagola and West Branch townships.
The debt levy for Iron Mountain Public Schools remains at 4 mills, while Breitung Township School District’s extra-voted levy stays at 0.8967 mills.
West Branch Township has the lowest property tax rate for resident homeowners in the county at 22.8061 mills, or $22.80 per $1,000 of taxable value. That rate is up 1.3% from a year ago.
The highest tax rate for resident homeowners will be paid in Iron Mountain, where the total rate of 44.2342 mills, or $44.23 per $1,000 of taxable value, is up 1% from 2023.
For a West Branch Township home with an assessed value of $100,000 and a taxable value of $50,000, the 2024 property tax bill for a resident amounts to $1,140. In Iron Mountain, a home of the same value would have a tax bill of $2,212.
The changes in tax rates are apart from any inflationary increases property owners might see on their bills. The Michigan State Tax Commission inflation rate cap for valuations on properties in 2024 is 5%, the same as in 2023. For 2025 it will be 3.1%.
Under Proposal A adopted by Michigan voters in 1994 the taxable value can go up based on the inflation rate in a year, or 5%, whichever is less. That limit applies only if there were no changes in homeownership or major renovations.
On an Iron Mountain home with a taxable value of $50,000 in 2023 and potentially $52,500 in 2024, the 5% inflation factor would amount to a tax increase of up to $111. In Breitung Township, where the millage rate is lower, the maximum inflationary tax increase on a similar home would be about $60.
Total 2024 tax rates for resident homeowners in each county municipality are:
— Breen Township, 25.2127 mills, down 1.1514 mills, a decline of 4.4%.
— Breitung Township, 24.1888 mills, up 0.5212 mills, an increase of 2.2%
— Felch Township, 24.2825 mills, up 0.8781 mills, an increase of 3.8%
— Norway Township, 26.3363 mills, up 0.1028 mills, an increase of 0.4%.
— Sagola Township, 25.179 mills, up 0.8312 mills, an increase of 3.4%.
— Waucedah Township, 26.313 mills, up 0.0673 mills, an increase of 0.3%.
— West Branch Township, 22.8061 mills, up 0.3016 mills, an increase of 1.3%.
— City of Iron Mountain, 44.2342 mills, up 0.4273 mills, an increase of 1%
— City of Kingsford, 40.6888 mills, up 0.4212 mills, an increase of 1%.
— City of Norway, 39.4778 mills, up 0.1127 mills, an increase of 0.3%.
Resident homeowners in the annexed portion of Iron Mountain within the Breitung Township School District will pay 41.1309 mills, up 0.4273 mills, an increase of 1%.
City government levies included in the above rates are:
— Iron Mountain will levy 21.1421 mills, a decline of 0.0939 mills, due to a dip in the voter-approved levy for a school liaison officer.
— Kingsford’s city levy of 20.7 mills is a decline of 0.1 mills. The drop is due to a reduction in the public works facility millage from 0.8 mills to 0.7 mills.
— Norway’s city government levy is 17.3857 mills, reflecting a dip of 0.0085 mills in the extra-voted millage.
Apart from the ISD increase and two minor decimal roundings, all county-wide millages are the same as a year ago. Those millages are: county operating, 6.1323 mills; state education tax, 6 mills; Bay College, 0.9987 mills; library, 0.8988 mills; road commission, 0.4994 mills; health department, 0.4195 mills; senior citizen programs, 0.4 mills; enhanced 911, 0.3995 mills; veterans services office, 0.0999 mills; and health care benefits assistance, 0.1 mills.
Additional school taxes are levied for properties that do not qualify for Homestead exemptions. The non-Homestead school levies are: North Dickinson, 18 mills; Breitung Township, 18 mills; Norway-Vulcan, 17.8259 mills; and Iron Mountain, 17.937 mills.
In the city of Iron Mountain, properties in the Downtown Development Authority district pay an additional levy of 2 mills.
According to the 2024 Apportionment Report, the total taxable value in Dickinson County is $1.11 billion, up from $1.02 billion in 2023.