Thursday, September 23, 2004

Shift in Tax Collection Dates

According to the Detroit Free Press, the House just passed a bill allowing counties to collect a portion of the December property taxes in July for the next three years. Earlier passed by the Senate and called a 'tax shift' rather than a tax increase, it likely will have the biggest effect in 2006 when there may not be enough in escrow accounts to pay the July 2006 taxes.

No comments: