Williamston Community School District Sinking Fund Tax Levy Proposal (May 2013)
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A Williamston Community School District Sinking Fund Tax Levy proposal was defeated on the May 7, 2013, election ballot in Ingham County, which is in Michigan.
If approved, this measure would have authorized the Williamston Community School District to impose an additional property tax levy of 1 mill ($1 per $1,000 of assessed valuation) for 10 years in order to create a sinking fund to proved for construction, maintenance and repair needs in the district. The estimated first year revenue from this tax is $385,000.[1]
Election results
Williamston School Proposal | ||||
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Result | Votes | Percentage | ||
![]() | 729 | 54.36% | ||
Yes | 612 | 45.64% |
- These results are from Ingham County Elections Office
Text of measure
Language on the ballot:
“ | Shall the Williamston Community Schools, County of Ingham, Michigan, be authorized to levy 1.00 mills to create a sinking fund for the purpose of the construction or repair of school buildings and the improvement and development of sites and for any other purpose which may be permitted by law, by increasing the limitation on the amount of taxes which may be imposed on taxable property in the School District for a period of ten (10) years, being the years 2013 to 2022, inclusive? It is estimated that 1.00 mills ($1.00 per $1,000 of taxable valuation) would raise approximately $385,000 when first levied in 2013.
(Under state law, sinking fund proceeds may not be used to pay teacher or administrator salaries.)[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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