Michigan: Board likely to put measure on ballot to raise property taxes

Mon, May 17 2010 — Source: The Michigan Messenger

Facing declining property tax revenues, the city of Mt. Clemens ”” located in Macomb County ”” is expected to approve a ballot measure Monday night to increase property taxes, the Macomb Daily reports. The city, like most in the state, has been socked hard by a stagnant economy, record high unemployment and crashing property values. As a result, Mt. Clemens is facing nearly $1 million in deficits this budget year. Adding to the financial crisis is a 24 percent increase in employee health care costs ”” $800,000 for current employees and $1.4 million for retirees.