A Ovid-Elsie School District Non Residential Property Tax Increase
measure will be on the November 8, 2011
ballot in the Ovid-Elsie school district area which is in Shiawassee
and Clinton County
This measure seeks to increase the current non residential property tax by a rate of $.60 per $1,000 of assessed property value for a further three years in order to continue to pay for soperational costs in the school district.
Text of measure
The question on the ballot:
|| This proposal will enable the school district 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 Ovid-Elsie Area Schools, Clinton, Shiawassee, Saginaw and Gratiot Counties, Michigan, be increased by 0.6 mill ($0.60 on each $1,000 of taxable valuation) for a period of 3 years, 2011, 2012 and 2013, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and levied in 2011 is approximately $471,778 (this millage is to restore millage lost as a result of the reduction required by the Michigan Constitution of 1963 and will be levied only to the extent necessary to restore that reduction)?