Skip to Content

Property tax laws: Why cities' services haven't recovered from housing bust

December 11, 2016 In The News 1 min read

The cost of the housing bust isn't just measured in lost homes and property value.

Michigan communities cut nearly 3,000 police officers as falling property tax revenues stretched budgets. Fire protection and library service took a hit. As did municipal ice rinks, swimming pools and recreation centers. Spending on local roadwork was curtailed, too, leaving potholes and damaged vehicles as proof.

Read more on the Detroit Free Press >>

Related Thinking

Family creating a plan for their grandmother’s personal property.
April 12, 2024

Estate planning and family harmony: How to pass on cherished possessions without creating conflict

Article 5 min read
Two forensic accountants standing in a modern office and discussing how to identify and report fraud.
April 12, 2024

Don’t be a victim: How to empower your employees to identify and report fraud

Article 4 min read
Group of business professionals in a modern conference room meeting and discussing nontraditional lenders.
April 11, 2024

Nontraditional lenders: What your clients need to know to thrive

Article 6 min read