Cedar Fair may appeal property tax increase for Michigan's Adventure

Posted Monday, June 24, 2002 4:48 AM | Contributed by MI Trooper1

County officials' reassessment of property values at the 186-acre complex in Fruitland and Dalton townships has more than doubled what the company will pay in taxes on its land this year. The reassessment hiked the taxable value of the amusement park's land in the two townships from $2,260,803 in 2001 to $5,539,400 in 2002. The tax in question is not for the rides or buildings, but the land itself.

Read more from the Muskegon Chronicle.

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Monday, June 24, 2002 8:28 AM
Wow, that's quite an increase!!
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Monday, June 24, 2002 10:45 AM
Seems like they found a way to dip thier hands in Cedar fair's (deeper) pockets.

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Vertigo Shots 3.
Life-Long CP fan.
*** This post was edited by gecko on 6/24/2002. ***

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Monday, June 24, 2002 4:01 PM
That's an expensive parking lot! I shall trod carefully upon it in the future.....
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Brad Sherman
BuzzCon Frequent Flyer, helping to train new ride ops properly!
Model coasters and rides
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Monday, June 24, 2002 5:52 PM
Be gentle when you step upon the lot of gold...sheesh. I still have the article right here on my desk. I think I shall frame it and hang it on the wall with my picture of Kara and I on ST. I laugh at the goggles...I laugh at the article...it all fits. ;)

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144 laps on ST
My worst day fishing is better than my best day at work....
my worst day coastering is better than my best day fishing.

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Tuesday, June 25, 2002 5:57 AM

Way to shoot themselves in the foot.

An addtional $2 million a year invested in the park would help it grow into a destination park; the sort of destination that would draw more people, more hotels, more businesses and substantially develop the overall tax base.

Talk about a bunch of short-sighted and stupid politicians....

-'Playa

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The CPlaya 100--6 days, 9 parks, 47 coasters, 2037 miles and a winner.....LoCoSuMo.

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Tuesday, June 25, 2002 6:03 PM

the additional 2 mill is the increase in taxable value, not what CF would be paying. the tax bill is about 256 thousand....up from 103 thousand the year before.

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144 laps on ST
My worst day fishing is better than my best day at work....
my worst day coastering is better than my best day fishing.

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