Holly Village Police and Fire Special Assessment Levy Proposal (November 2012)
If approved, this proposal authorizes a new levy of up to 2.0 mills ($2 per $1,000 assessed taxable valuation) for 3 years to fund police and fire services. The estimated revenue from this tax for the first year of its levy is $190,176.
Text of measure
Language on the ballot:
|“||Shall the Village of Holly be authorized to levy a special assessment in an amount up to, but not to exceed, 2.0 mills ($2.00 per $1,000.00 of taxable value) against the taxable value of all lands and premises within the corporate limits of the Village of Holly for a period of three (3) years commencing with the fiscal year beginning on July 1, 2012 and running through the fiscal year ending on June 30, 2015 (inclusive), which will raise in the first year of such levy an estimated revenue of One Hundred Ninety Thousand One Hundred and Seventy Six and 00/100 Dollars ($190,176.00) for the purpose of augmenting the cost of continued police and fire protection services at present levels?||”|