Madison School District Non Residential Property Tax Renewal (November 2011)
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A Madison School District Non Residential Property Tax Renewal measure was on the November 8, 2011 ballot in the Madison school district area which is in Oakland County.
This measure was approved
- YES 712 (71.63%)
- NO 282 (28.37%)[1]
This measure sought to renew the current non residential property tax which is set at a rate of 18 mills for a further five years in order to continue to pay for maintenance and operational costs of the school district.[2]
Text of measure
The question on the ballot:
| This proposal will allow the school district to continue to levy the statutory rate of not to exceed 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 2011 tax levy. Shall the currently authorized millage rate limitation of 19 mills ($19.00 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 Madison District Public Schools, Oakland County, Michigan, be renewed for a period of 5 years, 2012 to 2016, inclusive, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and levied in 2012 is approximately $1,651,312 (this is a renewal of millage which will expire with the 2011 tax levy)?[3] |
Footnotes
- ↑ Oakland County Elections, Current Election Results
- ↑ Oakland County Clerk, November Candidate and Issues List
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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