A Mayville School District Non Residential Property Tax Renewal
measure will be on the February 28, 2012
ballot in the Mayville school district area which is in Lapeer
and Tuscola Counties
This measure seeks to renew the current non residential property tax which is set at a rate of $18 per $1,000 of assessed property value for a period of four years in order to further pay for operational costs in the school district.
Text of measure
The question on the ballot:
|| 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 Mayville Community Schools, Tuscola and Lapeer Counties, Michigan, be increased by 18 mills ($18.00 on each $1,000 of taxable valuation) for a period of 4 years, 2012 to 2015, 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 2012 is approximately $633,307 (this is a renewal of millage which expired with the 2011 tax levy)?