Twin Tax Hikes on the Ballot

Troy and Bloomfield Township voters in a special election next week will consider ballot initiatives to raise property taxes to avoid cuts. Officials say the new revenue is needed to cover expected declines in property tax revenue over the next several years.

Troy's proposal would raise the tax by 1.9 mills — or $190 a year on a $200,000 home — for five years to raise an additional $38 million in order to avoid cuts and the closing of cultural institutions like the library and museum.

Bloomfield will ask voters to approve a 10-year, 1.3 mill increases that would fund public safety and public works services. The increase would raise $4.5 million the first year, officials said. Both proposals have attracted opponents.

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Michigan
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