Rudyard Area School District Operating Tax Levy Proposal (May 2013)

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A Rudyard Area School District Operating Tax Levy proposal on the May 7, 2013, election ballot in Chippewa and Mackinac Counties, which are in Michigan.

If approved, this measure authorizes the Rudyard Area School District to impose an operating property tax levy at a rate of 18.5 mills ($18.5 per $1,000 of assessed valuation) for 20 years. 18 mills of this tax is a renewal of an expired tax levy while the remaining 0.5 mill is a tax increase. The estimated first year revenue from this combined tax is $989,835.[1]

Text of measure

Language on the ballot:

This proposal will allow the school district to continue 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. 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 18 mills ($18.00 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 Rudyard Area Schools, Chippewa and Mackinac Counties, 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 18.5 mills ($18.50 on each $1,000 of taxable valuation), for a period of 20 years, 2014 to 2033, inclusive, to provide funds for operating purposes (18 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 $989,835.00?[1][2]

See also

External links

References

  1. 1.0 1.1 Michigan SoS Public Ballot Search
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.