§ 9.1. Power to tax: Tax limit.

Latest version.

The city shall have power to assess taxes and levy and collect rents, tolls and excises. The annual general ad valorem tax levy shall not exceed the statutory limitation of two percent of the assessed value of all real and personal property subject to taxation in the city, exclusive of any levies authorized by statute to be made beyond Charter tax limitations.

State law reference

Limitation on tax rate, MCL 117.3(g), 117.5.

                    
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