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Proposal Text
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This proposal will allow the school district 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. Shall the limitation on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Godwin Heights Public Schools, Kent County, Michigan, be increased by 21 mills ($21.00 on each $1,000 of taxable valuation) for a period of 10 years, 2018 to 2027, inclusive, to provide funds for operating purposes (3 mills of the above will only be levied to the extent necessary to restore millage lost as a result of reduction required by the Michigan Constitution of 1963); the estimate of the revenue the school district will collect if the millage is approved and 18 mills are levied in 2018 is approximately $2,941,477?
