Skip to Content

Michigan personal property tax reimbursement correction process

January 10, 2020 Article 1 min read
Authors:
Britni McDole David Helisek Ashley Frase
The Local Community Stabilization Authority Act allows Michigan municipalities to correct errors in the 2019 personal property tax reimbursements distributed in October 2019 and February 2020. Here’s what you need to know.
Building with the American flag flying

Michigan municipalities have the option to review the 2019 personal property tax (PPT) reimbursement calculation, along with the millage rates and taxable values, to determine if there was a reporting or calculation error. These documents can be found on the Michigan Department of Treasury’s PPT reimbursement website.

Reimbursement correction process

If you don’t identify an error in the reporting or the calculation, no further action is necessary; municipalities don’t need to file a form to notify the Department of Treasury of their review.

However, if you do identify a reporting or calculation error, you’ll need to notify the Department of Treasury by submitting substantiating documentation, along with the appropriate form, by March 31, 2020. Depending on the type of error noted, the form may require review by the county equalization director in advance of submission to the Department of Treasury, which would require submission by Feb. 28, 2020. The correction forms can be found at the Department of Treasury’s PPT reimbursement website.

Questions?

The State is advising you to contact the Revenue Sharing and Grants Division at TreasORTAPPT@michigan.gov or 517-335-7484 with any questions. You can also reach out to your Plante Moran advisor.

Related Thinking

Old alarm click sitting on a table with a person on a laptop in the background
September 27, 2019

Changes to Michigan Uniform Chart of Accounts Timeline released

Article 1 min read
Professionals working at a desk
January 23, 2020

Are these GASB standards on your radar?

Article 8 min read
Close up image of a marble column and the sky
December 10, 2019

What’s at stake when organizations lack proper segregation of duties (plus three ways to fix it)

Article 4 min read