Jennison Public School District Levy Renewal Proposal (November 2012)
If approved, this proposal authorizes the Jennison Public School District to renew a property tax levy of 18 mills ($18 per $1,000 of assessed valuation) for 5 years in order to fund the operations of the District. The estimated first year revenue from this tax is $2,801,185.
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.
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 Jenison Public Schools, Ottawa County, Michigan, be increased by 18 mills ($18.00 on each $1,000 of taxable valuation) for a period of 5 years, 2013 to 2017, 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 2013 is approximately $2,801,185 (this is a renewal of the millage which expired with the 2012 tax levy)?