Tax bills that property owners in Leelanau County will start receiving in July will have risen at least 10% over two years, with another substantial increase expected in 2025 due to stubbornly high inflation.
“I wouldn’t be surprised if we get another increase of about 5% next year,” said Julie Krombeen, assessor for four townships in the county. “People are concerned. It hits us all. And nobody is exempt from the 5% increases.”
Krombeen, a township assessor for 26 years, has a leading role but little leeway in the property tax system of Michigan. It’s her job to ensure that the equalized value of property within her jurisdictions is accurate compared to the current market. Both equalized and taxable values were listed on assessment notices mailed in February to property owners.