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Covert School District Sinking Fund Levy (November 2011)

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A Covert School District Sinking Fund Levy measure was on the November 8, 2011 ballot in the Covert school district area which is in Van Buren County.

This measure was defeated

  • YES 42
  • NO 177 Defeatedd[1]

This measure sought to implement a levy at a rate of $2 per $1,000 of assessed property value for a period of five years in order to pay for a sinking fund for the school district.[2]

Text of measure

The question on the ballot:

This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.

This proposal, if approved by the electors, will allow the Covert Public Schools District No. 18 to levy a building and site sinking fund millage, the proceeds of which will be used to pay the cost of infrastructure improvements and repairs to the School District’s facilities. Pursuant to State Law, the expenditure of the building and site sinking fund millage proceeds must be audited, and the proceeds cannot be used for teacher, administrator or employee salaries, maintenance or other operating expenses. Shall the Covert Public Schools District No. 18, Counties of Van Buren and Berrien, State of Michigan, be authorized to levy 2.0 mills ($2.00 per $1,000 of taxable valuation), for a period of five (5) years, from July 1, 2012 through June 30, 2017, to create a building and site sinking fund for the purpose of the construction or repair of school buildings or any other purpose authorized under Michigan law?

References