|| Shall the Village of Pierson be authorized to increase its maximum authorized general millage rate by 1.9646 mills ($1.9646 per $1,000 of taxable value) from 10.5354 mills to 12.5 mills ($12.50 per $1,000 of taxable value), commencing in 2013 and continuing in perpetuity, and to levy such millage to provide funds
for general operating and all other Village purposes?
The following is for informational purposes only:
The Village’s maximum general millage rate of 12.5 mills as authorized by Chapter IX, Section 1 of the General Law Village Act (Public Act No. 3 of 1895, as amended) has been reduced by required Headlee Amendment rollbacks to 10.5354 mills. This new additional millage of 1.9646 mills would restore the millage rate lost due to the required Headlee Amendment rollbacks and would raise an estimated $3,500 in 2013, the first year of the levy