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City Assessor's Office

Kelly Timm_2024_web

Kelly M. Timm | City Assessor

The City Assessor's Office accurately inventories and appraises every parcel of property in the City of Troy in order to fairly distribute the tax burden, which supports the cost of government. This office is responsible for a combined total City of Troy 2024 State Equalized Value that will top $8.7 billion.

The Michigan Constitution mandates that all property must be assessed at 50% of its Market Value. The first function of this process involves an accurate inventory of all property. This demands that the City Assessor's Office must be able to legally describe all real property, whether it be a "metes and bounds" (engineered survey) or a platted lot (subdivision) description. Accordingly, the City Assessor's Office is responsible for all combinations, splits, corrections, and any other description changes that may be requested by an owner of a property and that any description changes meet local ordinances, and conform to the Land Division Act (1996 - Formerly the Subdivision Control Act).  

Appraisal of Property
The appraisal of property by the City Assessor's Office, at its most basic, covers three types of property:
  • Vacant land
  • Improved land
  • Personal property is all (but not limited to) furniture, fixtures, machinery, signs, equipment, computers, tools, dies, jigs, leased equipment, and leasehold improvements.

The City Assessor's Office is also responsible for the Special Assessment Rolls. This function ensures the equitable disbursement of the cost of infrastructure improvements to all benefited parties. The Principal Residence Exemption, and the Property Transfer Affidavit Programs mandated by the changes brought about by Proposal "A" in 1994 are administered by the City Assessor's Office.

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