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Petoskey School District Non Residential Property Tax Renewal (May 2012)

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A Petoskey School District Non Residential Property Tax Renewal measure was on the May 8, 2012 ballot in the Petoskey school district area which is in Emmet County.

This measure was approved

  • YES 1,732 (80.3%)Approveda
  • NO 425 (19.7%)[1]

This measure sought to renew the current non residential levy which is be set at a rate of $18 per $1,000 of assessed property for a further three years in order to continue to pay for operational costs of the school district.[2]

Text of measure

The question on the ballot:

This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.

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 Public Schools of Petoskey, Emmet and Charlevoix Counties, 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 $14,155,000 (this is a renewal of millage which expired with the 2011 tax levy)?

Additional reading

References