A Dryden School District Non Residential Property Tax Renewal
measure was on the May 8, 2012
ballot in the Dryden school district area which is in Lapeer County
This measure seeks to renew the current non residential property tax which is set at a rate of $18 per $1,000 of assessed value for a period of three years in order to continue to pay for school operational costs.
Text of measure
The question on the ballot:
|| Shall the limitation on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Dryden Community Schools, Lapeer County, Michigan, be increased by 18 mills ($18.00 on each $1,000 of taxable valuation) for a period of 3 years, 2012, 2013 and 2014, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and levied in 2012 is approximately $518,000 (this is a renewal of millage which expired with the 2011 tax levy)?