What is the limit on ad valorem property tax imposed for road purposes by a county in one year?

The limit on ad valorem property tax that a county can impose for road purposes in one year is established by law, specifically to ensure that local governments have the necessary funding to maintain and improve road infrastructure while also protecting property owners from excessive taxation. In Michigan, this limit is set at 0.5% of the assessed value of the property.

When considering property taxes levied for road purposes, the law delineates clear boundaries to avoid an overwhelming financial burden on property owners, while still providing sufficient resources for road maintenance and development. This 0.5% limit reflects a compromise that allows counties to support essential transportation infrastructure without imposing too high a tax rate.