Daily Detroit Daily Detroit

Catching up as we do every Friday, but this time at the end of a long week in the tail moments of the Mackinac Policy Conference. 
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It's not news that the city of Detroit has one of highest tax rates in metro Detroit, Michigan and the country.
What is news is a new land value tax plan to help change that and get, officials say, a nearly thirty percent cut on property taxes for most Detroit homeowners (and a huge increase on people who own undeveloped vacant land: speculators, downtown parking lots, scrap yard owners, and more).
On your Daily Detroit for Thursday, June 1, 2023 - we’re going to dig in to it with someone who is going to know the ins and outs better than anyone I could think of - Jay Rising, the CFO for the city of Detroit.
Here’s the full proposal if you want to take a look for yourself: https://detroitmi.gov/departments/office-chief-financial-officer/land-value-tax-plan
 These high tax rates are something that discourages people and families from buying and building in the city; and means that many companies just won’t give Detroit a look for locating here. This plan would put Detroit, as far as property taxes, in the middle of the pack in metro detroit. It’s not just about missed development, but the current system costs the city money.
Currently, there are benefits to letting your property rot. The mayor calls it a lottery ticket - you pay almost nothing, but if your land ends up being in a place someone needs, there’s big gains to be made. It’s why so much land is locked up by out of town investors with no intention of doing anything with it.
This land value tax plan would require a change in state law and a vote of the residents of the city, but would give cities in Michigan the option to increase the tax on land and decrease it on buildings.
There’s support from both legislative leadership and a number of heavy hitters like the Metro Detroit black business alliance and the Kresge foundation. but it was clear from our listeners that there are so many questions after the proposal was unveiled on Wednesday by Detroit mayor Mike Duggan.
The details matter.
So let’s unpack it the best we can a day out with Detroit’s Chief Financial Officer, Jay Rising. Feedback as always - dailydetroit - at - gmail - dot - com
Remember we're on Apple Podcasts: https://podcasts.apple.com/us/podcast/daily-detroit/id1220563942?mt=2
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In this conversation at the Detroit Policy Conference, Macomb County Public Works Commissioner gets into what she's doing to keep sewage out of our water systems and lakes, projects they're working on, issues with Highland Park's water debt, the idea of Detroit and Grosse Pointe putting in direct release valves for sewage overflow into the waterways, and more.
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 Remember we're on Apple Podcasts: https://podcasts.apple.com/us/podcast/daily-detroit/id1220563942?mt=2
 And Spotify: https://open.spotify.com/show/1Yhv8nSylVWxlZilRhi4X9
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Today's show is in two parts. First, we do a first look and quick review of the new Mackinac Island Pizza as we've landed at the Mackinac Policy Conference. It is, according to the marketing materials, inspired by a Detroit pizza legend. Does it live up to the hype?
Then, Fletcher Sharpe breaks down a second win in a row for Detroit City FC which is seeing a bit of resurgence, especially as Maxi Rodriguez is stepping up.
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Lots to talk about on the this Friday before the holiday week. But we start with something that shook us to our core - what if Rock and Rye isn't really Rock and Rye?
Feedback as always - dailydetroit - at - gmail - dot - com
Remember we're on Apple Podcasts: https://podcasts.apple.com/us/podcast/daily-detroit/id1220563942?mt=2
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It's not that the robots and automation is coming. It's here. The question is now what are the opportunities and how can Metro Detroit capitalize on our advantages? The Automate Show is in Detroit, bringing 28,000 registered attendees focused on automation, robotics and more.
Feedback as always - dailydetroit - at - gmail - dot - com
 Remember we're on Apple Podcasts: https://podcasts.apple.com/us/podcast/daily-detroit/id1220563942?mt=2
 And Spotify: https://open.spotify.com/show/1Yhv8nSylVWxlZilRhi4X9
 Thanks to our members: http://www.patreon.com/dailydetroit
 Or those who do a one-time contribution: http://www.buymeacoffee.com/dailydetroit