Mar Lee School District Sinking Fund Increase (August 2012)

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A Mar Lee School District Sinking Fund Increase measure was on the August 7, 2012 ballot in the Mar Lee school district, which is in Calhoun County.

This measure was approved

  • YES 123 Approveda
  • NO 103[1]

This measure sought to increase the current school levy by a rate of $.75 per $1,000 of assessed value for a period of five years in order to further pay for the school sinking fund which pays for construction projects in the district.[2]

Text of measure

The question on the ballot:

Shall the currently authorized millage rate limitation on the amount of taxes which may be assessed against all property in Mar Lee School District, Calhoun County, Michigan, be increased by .75 mill ($0.75 on each $1,000 of taxable valuation) for a period of 5 years, 2013 to 2017, inclusive, to continue to provide for a sinking fund for the purchase of real estate for sites for, and the construction or repair of school buildings and all other purposes authorized by law; if approved, the estimate of the revenue the school district will collect the first year of levy, 2013, is approximately $38,945 (.7255 mill of the above is a renewal of millage which will expire with the 2012 tax levy and .0245 mill is a restoration of millage lost as a result of the "Headlee" reduction)?[3]

References

  1. 'Calhoun County Elections, Current Election Results
  2. Calhoun County Elections, August Proposal List
  3. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.