Form 612 (L-4028) "Millage Reduction Fraction Computation" - Michigan

What Is Form 612 (L-4028)?

This is a legal form that was released by the Michigan Department of Treasury - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on February 1, 2019;
  • The latest edition provided by the Michigan Department of Treasury;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;

Download a fillable version of Form 612 (L-4028) by clicking the link below or browse more documents and templates provided by the Michigan Department of Treasury.

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Download Form 612 (L-4028) "Millage Reduction Fraction Computation" - Michigan

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Michigan Department of Treasury
612 (Rev. 02-19)
L-4028
2019 Millage Reduction Fraction Computation
This form is issued under authority of Sections 211.34d and 211.150, M.C.L. Filing of this form is mandatory. Failure to file is punishable under Section 211.119, M.C.L.
INSTRUCTIONS: This form is to be completed by the county equalization director for all taxing jurisdictions which levy a property tax in his/her county. This form is to be filed with
each unit of local government and with the State Tax Commission. Also provide a copy of this form to the equalization director of each county which shares an intercounty taxing
jurisdiction. On this initial computation form, the 2019 millage reduction fraction (MRF) can be calculated only for taxing jurisdictions located exclusively within a single county. This
will include the county unit as well as all townships and nearly every city and village. The MRF for a school district which is not fractional with any other county can also be calculated
and listed on this form. For any taxing jurisdiction which extends into one or more other counties, leave the MRF column blank and enter the notation “IC” for intercounty.
County
Code
Taxing
2018 Taxable Value
2019 Taxable Value
Taxable Value
Taxable Value
2019 Millage
Number
Jurisdiction
as of 5/29/18
as of 5/28/19
of Losses
of Additions
Reduction Fraction (1)
(1) If this calculation results in a number greater than 1.0000, enter 1.0000.
Reset Form
Michigan Department of Treasury
612 (Rev. 02-19)
L-4028
2019 Millage Reduction Fraction Computation
This form is issued under authority of Sections 211.34d and 211.150, M.C.L. Filing of this form is mandatory. Failure to file is punishable under Section 211.119, M.C.L.
INSTRUCTIONS: This form is to be completed by the county equalization director for all taxing jurisdictions which levy a property tax in his/her county. This form is to be filed with
each unit of local government and with the State Tax Commission. Also provide a copy of this form to the equalization director of each county which shares an intercounty taxing
jurisdiction. On this initial computation form, the 2019 millage reduction fraction (MRF) can be calculated only for taxing jurisdictions located exclusively within a single county. This
will include the county unit as well as all townships and nearly every city and village. The MRF for a school district which is not fractional with any other county can also be calculated
and listed on this form. For any taxing jurisdiction which extends into one or more other counties, leave the MRF column blank and enter the notation “IC” for intercounty.
County
Code
Taxing
2018 Taxable Value
2019 Taxable Value
Taxable Value
Taxable Value
2019 Millage
Number
Jurisdiction
as of 5/29/18
as of 5/28/19
of Losses
of Additions
Reduction Fraction (1)
(1) If this calculation results in a number greater than 1.0000, enter 1.0000.