East Lansing eyes millage bump (Lansing State Journal)
February 8, 2010 | Lansing
EAST LANSING – A property tax increase is among several options the city is considering to address a two-year, $5 million budget deficit. City officials are talking about raising property taxes to make up for $500,000 they expect to lose from tax revenues due to depreciating home values. The proposed increase amounts to one-half of a mill. A homeowner with a house valued at $200,000 would end up …
