A Midland Public School District Sinking Fund Tax Levy proposal was defeated on the May 7, 2013, election ballot in Midland County, which is in Michigan.
If approved, this measure would have authorized the Midland Public School district to increase its property taxes by 2 mills ($2 per $1,000 of assessed valuation) for 10 years in order to create a sinking fund to proved for the maintenance, repair and construction needs in the district. The estimated first year revenue from this tax is $5,124,810.[1]
Election results
| Midland School |
|---|
| Result | Votes | Percentage |
d No | 2,239 | 51.0% |
| Yes | 2,147 | 29.6% |
- These results are from NBC25 news coverage of election results
Text of measure
Language on the ballot:
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Shall the limitation on the amount of taxes which may be assessed against all property in Midland Public Schools, Midland County, Michigan, be increased by and the board of education be authorized to levy not to exceed 2 mills ($2.00 on each $1,000 of taxable valuation) for a period of 10 years, 2013 to 2022, inclusive, to create a sinking fund for the purchase of real estate for sites for, and the construction or repair of, school buildings and all other purposes authorized by law; the estimate of the revenue the school district will collect if the millage is approved and levied in 2013 is approximately $5,124,810?[1][2]
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Supporters
See also
External links