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Livingston County (/ l ɪ v ɪ ŋ s t ə n / LIV-ing-stən) is a county in the U.S. state of Michigan. As of the 2020 Census , the population was 193,866. [ 2 ] It is part of the Detroit - Warren - Dearborn , MI Metropolitan Statistical Area .
However, you won’t get a personal property tax bill until the end of the year. If you file after March 1, the county may charge you a late fee. The fee will depend on the value of your vehicle.
The assessment is made up of two components—the improvement or building value and the land or site value. The property tax is the main tax supporting local education, police, fire protection, government, roads, and most infrastructure, e.g. sewers, bridges, street lights. Many state and local jurisdictions add personal property taxes.
Composition of state and local tax revenues by sales taxes (brown), property taxes (white), licenses and other fees (grey), individual and corporate income taxes (green) in 2007. Determining the value of property is a critical aspect of property taxation, as such value determines the amount of tax due.
Livingston County is the name of several counties in the United States: Livingston County, Illinois; Livingston County, Kentucky; Livingston County, Michigan; Livingston County, Missouri; Livingston County, New York; Livingston Parish, Louisiana
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Iosco Township is in western Livingston County, bordered to the west by Ingham County.According to the United States Census Bureau, the township has a total area of 35.4 square miles (91.8 km 2), of which 35.2 square miles (91.1 km 2) are land and 0.2 square miles (0.6 km 2), or 0.71%, are water. [6]
Accountants distinguish personal property from real property because personal property can be depreciated faster than improvements (while land is not depreciable at all). It is an owner's right to get tax benefits for chattel, and there are businesses that specialize in appraising personal property, or chattel.