Bedford Township Financial and Tax Information Page
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Bedford Township Home
The purpose of this page is to keep Bedford Township residents informed concerning the revenue and expenditures for Bedford Township government. Information concerning property tax and other taxes are also listed on this page.
Bedford Township Financial Information:
Current Bedford Township Salary Information:
At the Bedford Township Board Meeting on April 16, 2013 there was extensive discussion concerning the Compensation Committee’s Recommendation to give raises to the elected officials of Bedford Township. (Click here to view the video of the discussion, go to the 47 minute mark for the discussion and the 1 hour 49 minute mark for the vote on this item.) At the meeting former Bedford Township Supervisor LaMar Frederick spoke during public commentary time concerning the issue of the recommendations. He stated in his comments that Bedford Township elected officials are paid more presently than elected officials at the county level. (Click here to view his comments, go to the 1 hour and 25 minute mark of the video.)
a. Click here to view the Compensation Committee's recommendation (Go to page 37 & 38 of the board agenda).
b. Click here to view information concerning how Bedford Township salaries compare to other townships in Monroe County. This information was obtained from the Bedford Township Compensation Committee Chairman. Also included is a copy of the minutes of the Compensation Committee meeting of March 18, 2013.
c. Click here to view a comparison of Bedford Township salaries with additional Monroe County Townships not listed in "b" above.
d. Click here to view information concerning how Bedford Township salaries compare to other townships in the State of Michigan based on similar population to Bedford Township. Also listed is the current Cost-of-Living Adjustments published by the Social Security Administration. This information was obtained from the Bedford Township Compensation Committee Chairman. Also included is a copy of the minutes of the Compensation Committee meeting of March 18, 2013.
e. Click here to view the current salaries and fringe benefits for Bedford Township elected officials and Bedford Township employees. The source for the information: 2012-13 General Fund Budget & General Fund for Fiscal Year Ending June 30, 2014. Please also note that I sent a copy of the information to David Manning, Bedford Township Finance Director by e-mail. He verified on May 14, 2013 that the salaries and fringe benefits that I have listed is correct.
Current Financial Statements:
Click here to view current financial statements that are posted on the Bedford Township web site.
General Fund Comparison for 2003-2013
Click here to view a copy of the Bedford Township General Fund Revenue/Expenses for Fiscal Years 2003 to 2013 ending June 30.
The ending balance for each year is also listed, which is the amount of excess money in the account (sometimes referred to as the "Rainy Day Fund"). For example on June 30, 2013 the General Fund has a balance of over $3.3 Million Dollars in the "Rainy Day Fund". This balance is "Non Restricted", which means that the Bedford Township Board can approve to spend some or all of the excess funds as they wish. For example in 2007-2008 the Bedford Township Board approved to spend $1 Million Dollars toward the construction of the new Bedford Township Hall. See the newspaper articles listed below for the details of the expenditure for the new Bedford Township Hall.
Click here to view the adjusted Balance Sheet for June 30, 2014 which shows a General Fund Balance of $3,888,363.63 (This page was part of the board packet for the Bedford Township Board Meeting on August 12, 2014.)
Newspaper articles concerning the construction of the new Bedford Township Hall in 2007 ($1 Million Dollars approved from the General Fund toward the construction cost):
Toledo Blade September 20, 2006 "Toledo Builder wins contract for a Municipal Hall"
Toledo Blade September 12, 2007 "Bedford Township's $2.9 Million Government Center To Open Soon"
Click here to view a copy of the 2010-2011 proposed budget for Bedford Township. The statement will show what was budgeted for 2008-2009, 2009-2010 and what is proposed for 2010-2011 for all Township General Fund accounts and all special fund accounts. The 2010-2011 budgeted amounts appear in the far right column of each page. The financial year Bedford Township starts on July 1, 2010 and ends on June 30, 2011.
Click here to read a copy of the Revenue & Expenditure Report for Bedford Township for the month ended January 31, 2010. Since Bedford Township is on a fiscal year from July 1 to June 30, this should give residents a good idea of what was budgeted for 2010 and what has been spent so far this year. Information provided by the Bedford Township Clerk's Office.
Click here to read a copy of the Revenue & Expenditure Report for Bedford Township for the month ended June 30, 2009. Since Bedford Township is on a fiscal year from July 1 to June 30, this should give residents a good idea of what was budgeted and spent for the year of 2008-09. Information provided by the Bedford Township Clerk's Office.
Click here to read a copy of the Revenue & Expenditure Report for Bedford Township for the month ended April 30, 2009. This report also will show budget amounts for each area and will show year-to-date totals thru April 30, 2009. This information was provided by the Bedford Township Clerk's Office. As we receive new reports, we will post them on the web site.
Property Tax Information:
Click here to view articles concerning "Where Do My Tax Dollars Go?" that were published in the Bedford Township Update Spring 2011.
Click on the graphic at the left to see a sample Bedford Township Summer Tax Bill
Click on the graphic at the left to see a sample Bedford Township Winter Tax Bill
(The information below was taken from the Bedford Township web site.)
How is property assessed?
Real property assessments are based on market values and are assessed yearly by the assessor's department. Assessment notices are mailed to taxpayers of record in January or each year. An important part of assessing property is the appeal process. Real property assessments can be appealed at the March board of review.
Personal property assessments originate from a filing of a statement by the taxpayer. If a personal property statement is not furnished the assessor, he/she is authorized to assess such amount of personal property as deemed reasonable and just. The business owner is required by law to report the value of property owned on a personal property statement form provided by the local assessor. Assessment notices are also mailed to business personal property owners in January of each year. Personal property assessments can also be appealed at the March board of review.
FOR MORE INFORMATION ON PROPERTY ASSESSMENTS CONTACT THE TOWNSHIP ASSESSOR'S DEPARTMENT AT (734) 847-6791 (734) 847-6791.
How is my tax rate determined?
The summer tax rate is the State Education Tax determined by the State of Michigan, which is 6 mills. The Monroe County Operating Tax - 4.7952 mils.
The winter tax rates are Township, Township Police, County Library, County Seniors, Special Education, Community College, School Operating and School Debt set by each taxing entity during the month of September.
What is the difference between assessed value and taxable value?
Taxable value (TV) is the value used to compute your tax bill and applies to real property only. "TV" is determined yearly as the LESSER of assessed value (market based as determined by assessor) and capped value. Capped value is the prior year's taxable value, less taxable value of losses, "capped" by an increase of the lesser of 5% or the rate of inflation, plus assessed value of additions. Taxable value becomes uncapped when property is sold or transferred.
What is a Principal Residence Exemption and how do I know if I have one?
A Principal Residence Exemption entitles the owner of real property an exemption from the 18* mills of school operating tax for the percentage of taxable value used as a primary residence. The Principal Residence Exemption must be claimed on a form approved by the Michigan Department of Treasury. The Principal Residence Exemption for your property will be included on your assessment notice expressed as a percentage. The Principal Residence Exemption percentage will also be displayed on your summer and winter tax bill. A Principal Residence Exemption of 100% means your property is exempted from 100% of school operating taxes. Voted school bonded debt millages are NOT exempted.
* Or less subject to Headlee Amendment roll back
FOR QUESTIONS ON YOUR PRINCIPAL RESIDENCE EXEMPTION PLEASE CONTACT THE TOWNSHIP ASSESSOR'S DEPARTMENT AT (734) 847-6791 (734) 847-6791.
Property & Land Search Information :
Property & Land Search Information for Bedford Township
The Bedford Township web site has a page called “Property/Tax Info” which can be very useful if you would like information concerning any parcel in Bedford Township. Information that is available is:
Here are the directions on how to access the information:
By Address: For this example, let’s say you are interested in a piece of property located on Erie Road and have a general idea of the address but do not know the exact address and you know what the house looks like. Under the “Address Search Fields” type in “Erie”, in the “street number” box type “10” in the first box and “500” in the next box (this will be the range of the addresses), next go to the bottom of the page to where is says “records per page” and click on the circle next to “50” and then click on the “search” box at the bottom. The next page that opens will give you all of the parcels in the range that you specified. It will give you the parcel number, the owners name and property address. If you want to see the information on a particular parcel, just click on the “parcel number” which should be highlighted in blue. You can view a photo of the home and other buildings that are on the property by clicking on the “Images/Sketches” tab that is located on the left hand side of the page.
By Parcel Number Search: Just type in the parcel number next to the “parcel number box under “Parcel Number Search Field”, then go to the bottom of the page and click on the “search” box.
By Owners Name: Just type in the last name of the owner in the “owners name” box under the “Owner Search Field”, then go to the bottom of the page and click on the “search” box. The next page will give you the list of all parcels owned by residents with that last name.
Please note that there is a “help” button on the upper right-hand corner of each page if you need more information on a specific item.
Related Newspaper Articles:
Bedford Now April 9, 2011: Letter to the editor by Frank Knoll "Problems need better solution than just money"
Toledo Blade March 29, 2011: "Rage over roads fills Bedford Township forum"
Monroe Evening News March 28, 2011: "The fight is on to fund road improvements"
Toledo Blade March 23, 2011: "Dundee grows as Michigan declines" Complete population changes for local, county and the state of Michigan are posted.
Toledo Blade Neighbors March 23, 2011: "Lot, burial costs to rise in Bedford Township."
Monroe Evening News March 16, 2011: Letter to Editor by Jim Goebel "Businesses gain;seniors and schools lose under Snyder's plan"
Toledo Blade June 9, 2010: "Bedford Township Budget Lacks Big Cuts, Layoffs"
Monroe Evening News May 21, 2010: "Public Notice General Fund Budget Hearing"
Bedford Now April 17, 2010: "Township okays 2 new cell towers"
Toledo Blade April 14, 2010 : "Bedford Township tightens regulations on open burning"
Toledo Blade March 24, 2010: "Bedford Board Seeks Community Input for Possible Road Levy"
Toledo Blade March 24, 2010: "New Tax on Ballot to Fix, Maintain Playgrounds"
Toledo Blade March 3, 2010: "Parks Commission Seeks Property Tax"
Documents related to this article:
June 30, 2009 Park Operating Fund Financial Information from Bedford Township Revenue & Expenditure Report for the month ended June 30, 2009.
January 31, 2010 Park Operating Fund Financial Information from Bedford Township Revenue & Expenditure Report for the month ended January 31, 2010.
Toledo Blade March 2, 2010: "Monroe County Home Values Fall 14.67% In 1 Year"
Bedford Now January 23, 2010: "More Tax Revenue Expected To Be Lost In 2010".
Monroe Evening News May 23, 2009: Bedford residents to see 1% hike in summer property taxes.
Toledo Blade May 12, 2009: Store closings plague busy route to Bedford Township.
Bedford Now April 25, 2009: "3 township workers laid off to cut budget"
Toledo Blade April 15, 2009: "Economic woes hit Bedford Township"
Toledo Blade March 25, 2009: State grant sought for park.
Toledo Blade February 11, 2009: Firm hired to design addition to fire station.