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MBOR Notice of Action.pdf

Kamal Isso Petitioner V Township Of Waterford Respondent · 26-002262-TT

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Page 1

¥ 

CHARTER TWP OF WATERFORD 

Q 

& 

5200 CIVIC CENTER DRIVE 

2 

WATERFORD 

MI 48329-3773 

KTIP 

1 LLC 

1922 CASS LAKE RD 

KEEGO HARBOR MI 48320 

PARCEL IDENTIFICATION # 

W -13-16-378-019 

BOARD OF REVIEW PETITION #: 

096 

---NOTICE OF BOARD OF REVIEW ACTION--- 

The Board of Review has examined your 2026 Assessed Value and/or Capped Value and 

has made the following decision: 

2026 

~~ Assessed Value From: 

$476,140 

2026 

Assessed Value To: 

$464,250 

2026 

Taxable Value From: 

$476,140 

2026 

Taxable Value To: 

$464,250 

Board of Review reason (code) 060 

Agree 

Board of Review Comment 

Maintenance issues 

The 2026 Capped Value formula is the 2025 Taxable Value, minus Losses, increased by the 

Inflation Rate Multiplier of 1.027%, plus Additions. Taxable Value is the lower of Assessed Value 

or Capped Value unless there was a transfer of ownership in 2025. Your Taxes are levied on the 

Taxable Value. 

Further appeal of valuation may be made to the Michigan Tax Tribunal, PO Box 30232, Lansing MI 

48909, https://www.michigan.gov/taxtrib. The final date for filing a valuation appeal is: 

MAY 31ST OF THE CURRENT YEAR 

CHARTER TWP OF WATERFORD 

Board of Review

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