Meeting the City's Obligations & Requirements
The Finance Department is organized into two Divisions, Accounting and Treasury. The Accounting Division is responsible for the Cityâ€™s budget and maintaining the Cityâ€™s accounting records. The Treasury Division is responsible for assessing property in the City of Wayne and for collecting property taxes.
City of Wayne Financial Dashboard
As part of State of Michigan new municipal finance requirements, the City of Wayne is providing information to the local community which provides a clear picture of the City's financial performance.
We Have The Services To Help You!
Various types of assessing information are available at the City Hall Treasurer's Office. Field sheets which show year built, square footage, and general description of the house can be accessed. Tax maps are also available which show lot size. Legal descriptions can be obtained which give the lot, subdivision, and the Wayne County ledger and page of the property. Assessment notices are sent out each March indicating that year's assessed and taxable value and homestead status.
Seniors (62 or older) whose annual income is under $40,000 may sign a deferment to allow payment of summer and winter taxes without penalty after October 1. The signed form must be received in the Treasurer's Office by October 1 and must be completed each tax year. Tax payments must be received by February 28. This deferment also applies to eligible widows, veterans, service members and disabled.
Principal Residence Exemption and Transfer Affidavits
Persons who own their home and use it as their homestead are entitled to an 18 mill property tax exemption. Both a transfer affidavit and a principal residence exemption form must be filed with the assessor's office within 45 days of property transfer. May 1 is the last day a property may be transferred in order to receive a homestead exemption for the current year.
The millage rate for FY 2012/2013 is $48.8957 for each $1,000 of taxable value for homestead properties and $66.8957 for each $1,000 of taxable value for non-homestead properties. An example of how to calculate taxes on a taxable value of $50,000 homestead property is as follows: 50,000 X 46.1700 = $2,308.50 for yearly taxes.
Payment of City Bills
Water, tax, and other City of Wayne invoices can be paid by mail or in person at City Hall between 10:00am and 4:30pm, Monday through Thursday. For the convenience of our customers, there is also a drop box at the entrance of City Hall for after-hour payments.
Summer tax bills are mailed out the first week of July each year and are due by October 1. Starting October 2 until February 28, 1/2% per month penalty is added. Winter tax bills are mailed out the first week of December and are due by February 14. Starting February 15 until February 28, a 3% penalty is added.
Starting March 1, real property taxes are considered delinquent and must be paid to Wayne County. Call (313) 224-5990 for penalties and interest. Personal property taxes are still collected by the City of Wayne after March 1. Call the Treasurer's office at (734) 722-2000 for penalties and interest.
Taxes can be paid by mail, at City Hall, or placed in the drop box at the entrance of City Hall for after-hour payments.
Tax information can also be obtained from the Treasurer's Office either by parcel number, address, or owner name. The five most recent years of tax history are available on computer; prior tax years are kept in binders. Tax payers can access tax amounts and taxable values to be used in preparing federal and state tax returns either by visiting the Treasurer's Office or by phoning (734) 722-2000.
You can access tax information by going here >>>.
Board of Review
The Board of Review meets the third week of March to hear appeals of assessed value and hardship cases. The July and December Boards of Review meet to correct clerical errors of assessed and taxable value, homestead status and also to hear hardship appeals.
The City of Wayne finance team was recognized for outstanding financial reporting by the Government Finance Officers Association of the United States and Canada (GFOA). This most recent award is the 21st consecutive honor for the City of Wayne.
No small achievement, the recognition is difficult to attain. "We must complete 19 schedules in order to qualify," explained City of Wayne Finance Director & Treasurer.
"The GFOA Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management."