Michigan law requires the Assessor to annually value all taxable property at 50% of market value. Taxable properties include farms, homes, factories, commercial properties, and vacant land. It also includes personal property for commercial and industrial businesses.
The Assessor also keeps records on ownership, addresses, homestead exemptions, sales, and land and building details for hundreds of properties located within the City.
The City, schools, county, library, community college, and state use the annual values to generate revenue. This is in the form of property taxes. It is the fairest way available to them for collecting the money they need to finance their services.
Office hours for the City of Clare Assessor are generally each Thursday and Friday, 8:00 a.m. to 5:00 p.m.