Finances
Current Budget
The City is working on implementing a performance based budget, where the budgeted line items are tied to performance measures set by each department. The FY2024 Budget is a hybrid of the two, and it will be fully implemented by 2025.
2024 Budget (Line Item)
2024 Budget (Narrative)
If you have any questions about the budget, please contact City Hall!
2024 Budget (Line Item)
2024 Budget (Narrative)
If you have any questions about the budget, please contact City Hall!
Property Taxes
Property Taxes go out twice per year, on July 1st and December 1st. In Michigan, property taxes are set by millages. So your home has an assed value, which is cut in half to make your taxable value. Each mill is equal to $1 for every $1000 of taxable value. So for example, if your assessed value is $150,000, your taxable value is $75,000, and 1 mill would be equal to $75 in taxes. The Headlee Amendment and Proposition A reduce the number of mills charged each year. Go to the Assessor page to learn more about assessed values.
Each entity chooses how many mills to charge, whether that be from a small entity like the library charging only 1 mill to Fennville Public Schools, our biggest entity, which charges over 20 mills, the amounts collected fund many different public services, from parks to roads to police to senior services.
The City Treasurer collects all millages and distributes them to our partner entities. Below, you can see how your property tax dollar breaks down and how it is distributed amongst entities.
Each entity chooses how many mills to charge, whether that be from a small entity like the library charging only 1 mill to Fennville Public Schools, our biggest entity, which charges over 20 mills, the amounts collected fund many different public services, from parks to roads to police to senior services.
The City Treasurer collects all millages and distributes them to our partner entities. Below, you can see how your property tax dollar breaks down and how it is distributed amongst entities.