Waverly School District Non Residential Property Tax Renewal (May 2012)
This measure was approved
- YES 1,495
- NO 678
- YES 209 (69.21%)
- NO 93 (30.79%)
This measure sought to renew the current non residential school property tax which is set at a rate of $18 per $1,000 of assessed value for a period of ten years in order to continue to pay for operational costs in the school district.
Text of measure
The question on the ballot:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
|Shall the total limitation on the amount of taxes for operating purposes which may be assessed against all property, except principal residence and other property exempted by law, in Waverly Community Schools, Ingham, Eaton and Clinton Counties, Michigan, be increased by 18 mills ($18.00 on each $1,000 of taxable valuation) and against all principal residences, qualified agricultural property, qualified forest property, industrial personal property and commercial personal property not otherwise exempted by law by 9.30 mills ($9.30 on each $1,000 of taxable valuation), both millages to be for a period of 10 years, 2013 to 2022, inclusive; the estimate of the revenue the school district will collect from combined local property taxes authorized herein if the millage is approved and levied in 2013 is approximately $8,250,000 (this is a renewal of previously authorized millage which will expire with the 2012 tax levy)?|