Fulton School District Sinking Fund Levy Increase (February 2012)
This measure was approved
- YES 108
- NO 66
This measure sought to increase the current sinking fund levy to a rate of $3.00 per $1,000 of assessed property value for a further five years in order to continue to pay for the school sinking fund which pays for construction and repair projects in the school district.
Text of measure
The question on the ballot:
|Shall the limitation on the amount of taxes which may be assessed against all property in Fulton Schools, Gratiot and Clinton Counties, Michigan, be increased by and the board of education be authorized to levy not to exceed 3 mills ($3.00 on each $1,000 of taxable valuation) for a period of 5 years, 2012 to 2016, inclusive, to continue to provide for a sinking fund for the construction or repair of school buildings and all other purposes authorized by law; the estimate of the revenue the school district will collect if the millage is approved and levied in 2012 is approximately $410,500?|