Reading Community School District Levy Renewal Proposals, 2 (November 2012)
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Two Reading Community School District Levy Renewal proposals were on the November 6, 2012 election ballot in Branch County, which is in Michigan where both were approved.
Both proposals sought to authorize the Reading Community School District to renew certain property taxes that have will expire in this year or the next.
The first proposal authorized 1.9 mills ($1.9 per $1,000 of assessed valuation) for 3 years to provide for the sinking fund, which is responsible for construction and repair of school buildings. The estimated first year revenue from this tax was $253,771.
The second proposal authorized 18 mills ($18 per $1,000 of assessed valuation) for 5 years in order to fund general operating costs. The estimated first year revenue from this tax was $698, 161.[1]
First Proposal
The following are election results for the measure:
| Reading Community School District Levy Proposal 1 | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 91 | 70.54% | ||
| No | 38 | 29.46% | ||
Results via County of Branch, Unofficial Results for November 6, 2012.
Second Proposal
The following are election results for the measure:
| Reading Community School District Levy Proposal 2 | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 87 | 67.44% | ||
| No | 42 | 32.56% | ||
Results via County of Branch, Unofficial Results for November 6, 2012.
Text of measure
Language on the ballot for the first proposal:
| “ | Shall the currently authorized millage rate of 1.9 mills ($1.90 on each $1,000 of taxable valuation) which may be assessed against all property in Reading Community Schools, Hillsdale and Branch Counties, Michigan, be renewed for a period of 3 years, 2013, 2014 and 2015, inclusive, to continue to provide for 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 $253,771 (this is a renewal of millage which will expire with the 2012 tax levy)?[2] | ” |
Language on the ballot for the second proposal:
| “ | 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 2013 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 Reading Community Schools, Hillsdale and Branch Counties, Michigan, be renewed for a period of 5 years, 2014 to 2018, 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 2014 is approximately $698,161 (this is a renewal of millage which will expire with the 2013 tax levy)?[1][2] |
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See also
Footnotes
- ↑ 1.0 1.1 Branch County Elections, Official Proposals for November 2012
- ↑ 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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