Exhibit A_TV_Recalculation.pdf
Westbrook Farmstead Ministry Petitioner V Township Of Lowell Respondent · 26-000397-TT
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EXHIBIT A – TAXABLE VALUE RE-CALCULATION (CORRECTED ADDITIONS) Step Calculation Result Prior Year TV (2025) 74,083 $74,083 IRM Adjustment (1.033) $74,083 × 1.033 $76,528 Actual Additions Receipts (MEP) $24,635 Corrected TV $76,528 + $24,635 $101,163 This calculation reflects the statutory formula under MCL 211.27a, applying the capped prior taxable value and adding only the value of actual construction completed.