https://www.pfmtaxcalc.com/DeckervilleCommunitySchools/
The increase in taxes could potentially be offset by the Michigan Homestead Property Tax Credit. Below is a summary of the revised Michigan Homestead Property Tax Credit:
Michigan Homestead Property Tax Credit – Households that pay homestead property taxes greater than 3.2% of their annual income may be eligible for Michigan’s Homestead Property Tax Credit. Eligible households may deduct up to 60% (up to 100% for senior citizens, please see the senior credit table below) of the millage increase cost up to a $1,500 Homestead Tax Credit limit. The eligibility for the credit begins to decrease after household income exceeds $51,001 and ends completely after the household income exceeds $60,001. Please see below the general reduction table and senior credit table below:
| General Credit Reduction |
| Senior Credit | ||
| Resources | % Credit |
| Resources | % Credit |
| $51,000 | 100.00% |
| $21,000 | 100% |
| $51,001 | 90.00% |
| $21,001 | 96% |
| $52,001 | 80.00% |
| $22,001 | 92% |
| $53,001 | 70.00% |
| $23,001 | 88% |
| $54,001 | 60.00% |
| $24,001 | 84% |
| $55,001 | 50.00% |
| $25,001 | 80% |
| $56,001 | 40.00% |
| $26,001 | 76% |
| $57,001 | 30.00% |
| $27,001 | 72% |
| $58,001 | 20.00% |
| $28,001 | 68% |
| $59,001 | 10.00% |
| $29,001 | 64% |
| $60,001 | 0.00% |
| $30,001 | 60% |