Walled Lake Consolidated Schools Repair Levy Renewal (November 2012)
This proposal authorized the Walled Lake Consolidated Schools District to levy a .5 mill property tax ($0.50 per $1,000 of assessed taxable valuation) for 10 years to make a fund for the purpose of paying for construction and repair of school buildings. The estimated first year revenue from this tax is $2,100,000.
|Walled Lake Consolidated School Tax|
Election results from Oakland County Election Results
Text of measure
Language on the ballot:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
|“|| This renewal proposal, if approved by the electors, will allow the Walled Lake Consolidated School District to continue to levy a building and site sinking fund millage, the proceeds of which will be used to make infrastructure improvements and repairs to the School District’s facilities. Pursuant to State Law, the expenditure of the building and site sinking fund millage proceeds must be audited, and the proceeds cannot be used for teacher, administrator or employee salaries, maintenance or other operating expenses.
Shall the Walled Lake Consolidated School District be authorized to levy one-half (0.50) mill ($0.50 per $1,000 of taxable value), for a period of ten (10) years, from July 1, 2013 through June 30, 2023 to create a building and site sinking fund for the purpose of the construction or repair of school buildings or any other purpose allowed under Michigan law? This millage is a request for a renewal of the voter approved building and site sinking fund tax levy which will expire in 2013. This millage would provide estimated revenues to the Walled Lake Consolidated School District of approximately Two Million One Hundred Thousand ($2,100,000) Dollars during the 2013 calendar year, if approved and levied.
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