Friday, October 07, 2005
State to Cut PILT Payments
The Mining Journal reports that the State of Michigan continues to have problems honoring its financial commitments and will cut the annual Payment In Lieu of Taxes (PILT) to compensate townships, counties, school boards and other local units of government whose borders contain Department of Natural Resources land, which technically cannot be taxed.
# posted by farlane @ 10:18 AM
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