Lowell Area School District Tax Levy Increase Proposal (February 2013)
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A Lowell Area School District Tax Levy Increase proposal was defeated on the February 26, 2013 election ballot in Ionia and Kent Counties, which are in Michigan.
If approved, this measure would have authorized the Lowell Area School District to increase property taxes by 1 mill ($1 per $1,000 of assessed valuation) for seven years in order to fund construction and repairs of school buildings and facilities. The estimated first year revenue from this tax is $732,000.[1]
Election results
Kent County
| Lowell Area SD Tax Prop. | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| 741 | 53.27% | |||
| Yes | 650 | 46.73% | ||
Election results from Kent County February 26, 2013 election results.
Text of measure
Language on the ballot:
| “ | Shall the limitation on the amount of taxes which may be assessed against all property within the school district of Lowell Area Schools, Kent and Ionia Counties, Michigan, be increased by and the board of education be authorized to levy a new additional millage of not to exceed 1 mill ($1.00 per $1,000 of taxable valuation) to create a sinking fund to be used for the construction or repair of school buildings, purchase of real estate for sites, and other purposes authorized by law, for a period of seven (7) years, 2013 through 2019, inclusive (estimated to provide revenues of approximately $732,000 in 2013?
The following is for informational purposes: There are local authorities in the school district that capture and retain for authorized purposes tax increment revenues from property taxes levied by the school district. Such capture would include a portion of this millage levy. The total amount of captured tax increment revenues from such millage in the first calendar year of the levy is estimated to be $50,600. The following local tax increment authorities in the school district presently capture a portion of the school district's propertty tax levy.[1][2] |
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See also
- February 26, 2013 ballot measures in Michigan
- Ionia County, Michigan ballot measures
- Kent County, Michigan ballot measures
External links
Footnotes
- ↑ 1.0 1.1 Michigan Secretary of State sample ballot generator
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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