Holly School District Sinking Fund Levy Increase (August 2012)
This measure sought to increase the sinking fund levy by a rate of $1.20 per $1,000 of assessed value for a period of ten years in order to further pay for the sinking fund for the district and help pay for construction projects. It was defeated.
|Holly School District Levy Increase|
Election Results from:Oakland County Elections Division
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.
|Shall the limitation on the amount of taxes which may be assessed against all property in the Holly Area School District, Oakland County, Michigan, be increased by and the board of education be authorized to levy not to exceed 1.2 mills ($1.20 on each $1,000 of taxable valuation) for a period of 10 years, 2012 to 2021, inclusive, to create 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 $917,692?|