Executive Summary

Introduction

The Assessor’s Report for Leland Township provides essential details about the assessment and taxation of property for the year 2025, as mandated by the General Property Tax Act of 1893. The assessment schedule is released annually by the State Tax Commission, with the 2025 schedule published in Bulletin 12 of 2024. The Board of Review, which met in March 2025, examined and certified the assessment roll, crucial for the township’s property tax procedures.

Board of Review and Assessment Details

The 2025 Board of Review, comprising Chairman Jon Stimson, Secretary Clint Mitchell, and members Sandy Reardon and Jim Blair, addressed eight petitions during their meetings on March 10 and 11. The Board will reconvene in July and December as required by law. The certified assessment roll was delivered to Leelanau County Equalization on March 14, confirming compliance with all procedural requirements.

Assessment Roll Statistics

As of December 31, 2024, the tentative assessed value of real property for Leland Township in 2025 stands at $1,209,784,600, reflecting a 9.13% increase from the previous year. The taxable value is set at $647,340,490, marking a 9.36% increase. A breakdown of the property types shows a predominance of residential parcels, making up 95% of the total assessed value. The report includes detailed statistics on the top 20 property owners by State Equalized Value, highlighting significant holdings within the township.

Conclusion

The Assessor’s Report outlines the timely and compliant processes involved in property assessment and taxation for Leland Township. It highlights overall increases in property values and provides transparency in local governance. This report offers a comprehensive view of local economic conditions and property ownership in the township, supporting informed decision-making for stakeholders.

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