§ 11.1. Power to Tax: Tax Limit.

Latest version.

The City shall have the power to assess taxes and lay and collect rents, tolls, and excises. Exclusive of any levies authorized by statute to be made beyond charter tax rate limitations, the annual ad valorem tax levy shall not exceed one and one-half percent of the assessed value of all real and personal property, except as provided for in Section 6, Article 20 for the transitional periods.

State law reference

Charter to provide for taxation of real and personal property not to exceed two percent of value, MCL 117.3(g); property taxes, MCL 211.1 et seq.

                    
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