CRYSTAL FALLS — Iron County’s total equalized property value for 2025 grew to $1.09 billion, an increase of $73 million, or 7.22%.

In her annual report to the county board Tuesday, Equalization Director Amy Bucek said the taxable value rose 5.23% to $727 million, after a 7.45% increase in 2024.

Bucek said that in previous years when veterans exemptions were granted, the values were removed so it gave a more accurate depiction of what would be used for the tax base. The actual taxable value of the county that taxes will be levied against is $717 million.

The equalization office analyzed 505 sales in the past two years and conducted 495 appraisals.

A contributing factor to the increase in property values is a strong real estate market, Bucek said.

The inflation rate cap on taxable value fell to 1.031%. For the previous two years the cap had been set at 5%, the most that is allowed under Michigan’s Proposal A.

In other business, the board:

— Set a special meeting for 8 a.m. Tuesday on a possible sheriff’s department vehicle purchase and upgrading squad cars with computers.

— Approved a quote from Brandon Jones Leeinit LLC of Marquette for $27,802 to upgrade and replace network equipment in the courthouse.

— Amended the budget to reflect an increase in the Register of Deeds office of $4,900 for office supplies.

— Approved $2,000 for Dickinson-Iron Communities That Care for a Botvin training specialist to attend training. Botvin Life Skills is a substance abuse prevention program proven to reduce the risks of alcohol, tobacco, drug abuse and violence by targeting the major social and psychological factors that promote the initiation of substance use and other risky behaviors.

— Met the new CEO of Northpointe Behavioral Healthcare System, Mandy Padget, who was on hand to deliver Northpointe’s annual report.

— Adopted a resolution proclaiming June 9 through June 15 as Men’s Health Week.