Inland Lakes School District Non Residential Property Tax Renewal (May 2012)
This measure seeks to renew the current non residential levy which is set at a rate of $18 per $1,000 of assessed value for one year in order to continue to pay for operational costs in the school district.
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 Inland Lakes Schools, Cheboygan 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 $3,860,660 (this is a renewal of millage which expired with the 2011 tax levy )?|