Cassopolic Public School District Operating Tax Levy Renewal Proposal (May 2013)
If approved, this measure authorizes the Cassopolic Public School district to renew an operating property tax levy of 19.734 mills ($19.734 per $1,000 of assessed valuation) for 5 years. 18 mills of this tax is a renewal of a previously expired levy while the remaining 1.734 mills is an increase to restore taxes lost due to reductions. The estimted first year revenue from this tax is $3,095,195.
Text of measure
Language on the ballot:
|“||This proposal will allow the school district to continue to levy the statutory rate of 18 mills on all property, except principal residence and other property exempted by law, required for the school district to receive its revenue per pupil foundation allowance and renews millage that will expire with the 2013 tax levy.
Shall the currently authorized millage rate limitation of 19.734 mills($19,734 on each $1,000 of taxable valuation) on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Cassopolis Public Schools, Cass County, Michigan, be renewed for a period of 5 years, 2014 to 2018, inclusive, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and levied in 2014 is approximately $3,095,195(this is a renewal of millage which will expire with the 2013 tax levy; and 1.734 mills of the total 19.734 mills is authorized only to restore any millage lost as a result of a reduction that may be required by the Michigan Constitution of 1963 and will be levied only to the extent necessary to restore that reduction)?
- Michigan SoS Public Ballot Search
- Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
State of Michigan
|State executive officers||
Governor | Lieutenant Governor | Attorney General | Secretary of State | Treasurer | Auditor General | Superintendent of Public Instruction | Commissioner of Insurance | Director of Agriculture and Rural Development | Director of Natural Resources | Director of Labor and Economic Growth | Chairman of Public Service Commission |