If you had property in the city limits of Ann Arbor on December 31, 2008 (Tax Day), you are responsible for Summer & Winter 2009 taxes, even if your business closed during the year. The property is valued at 50% of the true cash or fair market value. State law requires that you complete a personal property statement each year by February 1st. The Assessor will mail a statement to all business owners at the last known address each year in early January. If you fail to complete a statement, an estimated value of your property is assessed based upon the best available information.
Collection of current taxes officially begins on March 1st each year. We encourage business owners to pay their taxes to prevent establishing a history of delinquent payments. Timely payment eliminates the possible interruption of your business.
Collection Steps include, but are not limited to:
- Filing a Jeopardy Tax Assessment to accelerate the due date of current taxes and place a lien on the property to secure payment of the taxes.
- Seizure of the property.
- A minimum collection cost of $200.00.
Tax Payment at Local Banks
Full Payments are accepted at the following Ann Arbor Banks in July and December only (See back of tax bill for further information):
- Ann Arbor Commerce Bank
- Bank of Ann Arbor
- LaSalle Bank
- Republic Bank
- TCF Bank
A $35.00 fee is assessed to all dishonored checks. No post dated checks accepted!