Concord School District Non Residential Property Tax Renewal (November 2011)
This measure was approved
- YES 429 (74.35%)
- NO 148 (25.65%)
This measure sought to renew the current non residential property tax which is set at a rate of $5 per $1,000 of assessed property value for a further four years in order to continue to pay for operational costs in the district.
Text of measure
The question on the ballot:
|Shall the currently authorized millage rate limitation of 5 mills ($5.00 on each $1,000 of taxable valuation) on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Concord Community Schools, Jackson County, Michigan, be renewed for a period of 4 years, 2012 to 2015, inclusive, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and levied in 2012 is approximately $111,045 (this is a renewal of millage which will expire with the 2011 tax levy, restores millage lost as a result of the reduction required by the Michigan Constitution of 1963 and will be levied only to the extent necessary to restore that reduction)?|