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Many Detroiters To See Their Property Taxes Decrease

When Detroit homeowners receive their annual Notice of Property Assessment, due to be mailed next week, most will see a reduction in the assessed values of their homes. The reappraisals come after a review conducted by Chief Assessor Gary Evanko that showed most of the homes in the city were over assessed by 10 to 20 percent. Accordingly, about three-quarters of the city will see reductions of 10-20 percent, and one-quarter of homeowners will see a reduction of five percent or less. However, h...

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