Finance Committee, April 23, 2026
Approves Lyon Township Music on the Grand Summer Concert Series Sponsorship, 6-0
What happened
The Finance Committee approved the 2026 Equalization Report showing Oakland County's recommended equalized value at $220 billion (up 5.85%) and taxable value at $88.8 billion (up 4.92%), generating approximately $13.5 million in additional county general revenue.
- Jurisdiction
- Oakland County, MI
- Governing body
- Final authority
- Date
- April 23, 2026
- Decisions
- 10 zoning decisions
- Outcome
- Approved, 6-0
Meeting Summary
The Finance Committee approved the 2026 Equalization Report showing Oakland County's recommended equalized value at $220 billion (up 5.85%) and taxable value at $88.8 billion (up 4.92%), generating approximately $13.5 million in additional county general revenue.
Key Decisions (10)
FY 2025 Deficit Elimination Plan
2026 Equalization Report
Lyon Township Music on the Grand Summer Concert Series Sponsorship
Development Activity (2)
Pontiac Redevelopment Project
Mixed-Use
Pine Lake Park Transformation
Infrastructure
Market Signals (4)
Housing Demand
Oakland County residential property values increased 6.34% year-over-year, 45% over…
Commercial Demand
Industrial property class has shown the strongest market performance post-recession,…
Sentiment
County officials expressed concern about economic uncertainty impacts on Oakland…
Infrastructure
Pontiac redevelopment project remains under budget with construction on track,…
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