Tri-County Area School District Operation Levy Renewal Proposal (November 2012)
If approved, this proposal renews an 18 mills property tax ($18 per $1,000 of assessed taxable valuation) for the year of 2014 to fund the operation of Tri-County Area School District, which is in the Counties of Montcalm, Kent, and Newaygo. The estimated revenue from this tax in year 2014 is $2,450,000.
Text of measure
Language on the ballot:
|“|| This proposal will allow 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 and renews millage that will expire with the 2012 tax levy.
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 Tri-County Area Schools, Montcalm, Kent and Newaygo Counties, Michigan, be renewed for the year 2014, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and levied in 2014 is approximately $2,450,000 (this is a renewal of millage which will expire with the 2013 tax levy)?