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West Bloomfield School District Sinking Fund Tax Levy Proposal (May 2013)
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A West Bloomfield School District Sinking Fund Tax Levy proposal was narrowly approved on the May 7, 2013, election ballot in Oakland County, which is in Michigan.
This measure authorized the West Bloomfield School District to increase its property taxes by 1.25 mills ($1.25 per $1,000 of assessed valuation) for 14 years to create and sinking fund to provide for the construction, maintenance and repair needs of the district.[1]
Election results
| Weat Bloomfield School Tax Proposal | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 2,224 | 52.23% | ||
| No | 2,034 | 47.77% | ||
- These results are from Oakland County elections office
Text of measure
Language on the ballot:
| “ | This proposition, if approved by the electors, will allow the West Bloomfield School District to levy a building and site sinking fund millage, the proceeds of which will be used to make infrastructure improvements and repairs to the School District's facilities. Pursuant to State Law, the expenditure of the building and site sinking fund millage proceeds must be audited, and the proceeds cannot be used for teacher, administrator or employee salaries, maintenance or other operating expenses.
Shall the West Bloomfield School District be authorized to levy one and one-quarter (1.25) mills ($1.25 per $1,000 of taxable valuation), for a period of fourteen (14) years, from July 1, 2013 through June 30, 2027, to create a building and site sinking fund for the purpose of construction or repair of school buildings or any other purpose authorized under Michigan law? This millage would provide estimated revenues to the West Bloomfield School District of approximately Two Million Forty Three Thousand Four Hundred Twenty Six ($2,043,426) Dollars during the 2013 calendar year, if approved and levied.[1][2] |
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See also
External links
Footnotes
- ↑ 1.0 1.1 Michigan SoS Public Ballot Search
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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