Memphis Community School District Levy Renewal Proposal (November 2012)
This proposal authorized the Memphis Community School District to renew a property tax levy of 18 mills ($18 per $1,000 of assessed valuation) for 4 years in order to fund the operating costs of the District. The estimated first year revenue from this tax was $589,240.
The following are election results for the measure:
|Memphis Community School District Levy Renewal Proposal|
Results via Macomb County, November 6, 2012 Election
Text of measure
Language on the ballot:
|“|| This proposal will allow the school district to levy the statutory rate of 18 mills on all property, except principal residence and other property exempted by law, required for the school district to receive its revenue per pupil foundation allowance and renews millage that will expire with the 2012 tax levy.
Shall the currently authorized millage rate limitation of 18 mills ($18.00 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 Memphis Community Schools, St. Clair and Macomb Counties, Michigan, be renewed for a period of 4 years, 2013 to 2016, 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 2013 is approximately $589,240 (this is a renewal of millage which will expire with the 2012 tax levy)?