Vote button trans.png
April's Project of the Month
It's spring time. It's primary election season!
Click here to find all the information you'll need to cast your ballot.




Difference between revisions of "Oak Park City Public Safety Retirement System Proposal (November 2012)"

From Ballotpedia
Jump to: navigation, search
m (Text replace - "is on the" to "was on the")
Line 10: Line 10:
 
</table>
 
</table>
  
A '''Oak Park City Public Safety Retirement System''' proposal was on the [[November 6, 2012 ballot measures in Michigan|November 6, 2012 election ballot]] in [[Oakland County, Michigan ballot measures|Oakland County]], which is in [[Michigan]].
+
A '''Oak Park City Public Safety Retirement System''' proposal was on the [[November 6, 2012 ballot measures in Michigan|November 6, 2012 election ballot]] in [[Oakland County, Michigan ballot measures|Oakland County]], which is in [[Michigan]], where it was '''approved'''.
  
 
Summary and information:
 
Summary and information:
Line 16: Line 16:
 
{{Quote|This proposal, if approved, will allow the City of Oak Park to create a separate retirement system for public safety officers pursuant to Act 345 of 1937, create a board of trustees to manage and operate that retirement system, and levy taxes in an amount not to exceed seven (7) mills per year for a period of seven (7) years to fund that retirement system in an ctuarially sound manner.<ref name=Oak>[http://www.oakgov.com/clerkrod/elections/Documents/nov_2012_combined_.pdf "Oakland County Elections", "Candidate and Proposals List"]</ref>}}
 
{{Quote|This proposal, if approved, will allow the City of Oak Park to create a separate retirement system for public safety officers pursuant to Act 345 of 1937, create a board of trustees to manage and operate that retirement system, and levy taxes in an amount not to exceed seven (7) mills per year for a period of seven (7) years to fund that retirement system in an ctuarially sound manner.<ref name=Oak>[http://www.oakgov.com/clerkrod/elections/Documents/nov_2012_combined_.pdf "Oakland County Elections", "Candidate and Proposals List"]</ref>}}
  
 +
==Election results==
 +
 +
{{Short outcome
 +
| title = Oak Park City Proposal
 +
| yes = 7,540
 +
| yespct = 53.62
 +
| no = 6,523
 +
| nopct = 46.38
 +
| image = {{approved}}
 +
| unresolved =
 +
}}
 +
 +
''Election results from [http://results.enr.clarityelections.com/MI/Oakland/43747/113256/en/summary.html Oakland County Election Results]''
  
 
==Text of measure==
 
==Text of measure==

Revision as of 01:24, 23 November 2012

Voting on Pensions
Pension.jpg
Ballot Measures
By state
By year
Not on ballot
Local Measures

A Oak Park City Public Safety Retirement System proposal was on the November 6, 2012 election ballot in Oakland County, which is in Michigan, where it was approved.

Summary and information:

This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.

This proposal, if approved, will allow the City of Oak Park to create a separate retirement system for public safety officers pursuant to Act 345 of 1937, create a board of trustees to manage and operate that retirement system, and levy taxes in an amount not to exceed seven (7) mills per year for a period of seven (7) years to fund that retirement system in an ctuarially sound manner.[1]

Election results

Oak Park City Proposal
ResultVotesPercentage
Approveda Yes 7,540 53.62%
No6,52346.38%

Election results from Oakland County Election Results

Text of measure

Language on the ballot:

This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.

Shall the City of Oak Park, Oakland County, Michigan, be authorized to establish a separate retirement system pursuant to Act 345 of 1937, as amended, for the benefit of public safety officers employed by the City, create a board of trustees to manage and operate the system and be authorized to levy a new tax annually in an amount sufficient to fund the system in an actuarially sound manner, but not to exceed Seven (7.00) mills in any year on each dollar ($7.00 per $1,000) of the taxable value of all property in the City, for a period of seven (7) years, from 2013 through 2019, inclusive? It is expected that approximately Six and one-half (6.5) mills will be levied in 2013 and will raise the sum of approximately Two Million Eight Hundred Eight Thousand ($2,808,000.00) Dollars. A portion of the revenue collected may be subject to capture by the City of Oak Park Brownfield Redevelopment Authority.[1]

See also


References