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Pontiac City Tax Limit Increase Amendment Proposal (November 2012)

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A Pontiac City Tax Limit Increase Amendment proposal was on the November 6, 2012 election ballot in Oakland County, which is in Michigan, where it was defeated.

If approved, this proposal would have amended Article V, Chapter 2, Section 5.205 to increase the limit on property tax by $6.50 per $1,000 of assessed taxable valuation to pay for retiree health insurance.[1]

Election results

Pontiac City Tax Limit Prop.
ResultVotesPercentage
Defeatedd No15,27278.66%
Yes 4,144 21.34%

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 Article V, Chapter 2, Section 5.205, entitled Tax Limits of the City of Pontiac Charter be amended to add additional $6.50 on each $1,000 of taxable valuation that may be levied for paying the cost of health insurance of retirees? A property with taxable value of $25,000 would be taxed $162.50 for the millage. The estimated amount that will be collected in the first year that the millage is authorized and levied is $5,091,000.[1]

See also


References



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