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Owosso Public School District Operating Tax Levy Proposal (February 2013)
This measure authorized the Owosso Public School District to renew a property tax levy of 17.7259 mills ($17.7259 per $1,000 of assessed valuation) and to increase the tax levy by 0.5 mill ($0.5 per $1,000 of assessed valuation) for a total property tax rate of 18.2259 mills ($18.2259 per $1,000 of assessed valuation) for 20 years in order to fund the operations of the district. The estimated first year revenue from this tax is $2,805,972.
|Owosso Public SD Tax Prop.|
Election results from Shiawassee County February 26, 2013 school election results.
Text of measure
Language on the ballot:
|“||This proposal will allow the school district to continue to levy its authorized operating millage of 17.7259 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. The remaining .5 mill is only available to be levied to restore millage lost as a result of the reduction required by the "Headlee" amendment to the Michigan Constitution of 1963 and will only be levied to the extent necessary to restore that reduction.
Shall the currently authorized millage rate limitation of 17.7259 mills ($17.7259 on each $1,000 of taxable valuation) on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Owosso Public Schools, Shiawassee County, Michigan, be renewed, and increased by .5 mills ($0.50 on each $1,000 of taxable valuation), for a total authorized millage rate limitation of 18.2259 mills ($18.2259 on each $1,000 of taxable valuation), for a period of 20 years, 2014 to 2033, inclusive, to provide funds for operating purposes (17.7259 mills of the above is a renewal of millage which will expire with the 2013 tax levy, and .5 mill is an increase of millage which will be levied only to the extent necessary to restore millage lost as a result of the reduction required by the Michigan Constitution of 1963); the estimate of the revenue the school district will collect if the millage is approved and levied in 2014 is approximately $2,805,972?
- Michigan Secretary of State sample ballot generator
- Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
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