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Bedford School District Non Residential Property Tax Renewals, 2 (May 2012)

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Two Bedford School District Non Residential Property Tax Renewal measures were on the May 8, 2012 ballot in the Bedford school district area which is in Monroe County.

Both measures were approved

The first measure sought to renew the current non residential school levy which is set at a rate of $18 per $1,000 of assessed value for a further five years in order to continue to pay for maintenance and operational costs in the school district.

  • YES 2,110 (76.84%) Approveda
  • NO 636 (23.16%)

The second measure sought to increase the current non residential school levy by a rate of $1 per $1,000 of assessed value for a period of five years in order to further pay for school needs.[1]

  • YES 1,860 (68.58%)Approveda
  • NO 852 (31.42%)[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.

Proposition 1: Shall the 18 mill limitation ($18.00 on each $1,000 of taxable value) previously approved by the electors which may be assessed against all taxable property except principal residence and qualified agricultural property as defined by law, in Bedford Public Schools, County of Monroe, State of Michigan, be renewed and thus continued for five (5) years beyond its scheduled 2013 expiration, for the years 2014 to 2018, inclusive, to provide in part the funds to operate and maintain the school system? It is estimated that the revenue the school district will collect if the millage is approved and levied in the 2014 calendar year shall be approximately $3,256,973 from the local taxes authorized in this proposal. The proposed millage is a renewal of a previously authorized millage of 18 mills.

Proposition 2: Shall the limitation on the amount of taxes which may be assessed against all taxable property except principal residence and qualified agricultural property as defined by law, in Bedford Public Schools, County of Monroe, State of Michigan, be increased by 1 mill ($1.00 on each $1,000 of taxable value) for five (5) years beyond its scheduled 2013 expiration, for the years 2014 to 2018, inclusive, to provide in part the funds to operate and maintain the school system? This is a restoration of the Headlee Reduction for 2014 through 2018. It is estimated that the revenue the school district will collect if the millage is approved and levied in the 2014 calendar year shall be approximately $180,943 from the local taxes authorized in this proposal.

References