This proposal, if approved by the
electors, will replace and extend the
authority last approved by the
electors in 2013 and which expires
with the 2020 levy for Lowell Area
Schools to levy a building and site
sinking fund millage. This proposal
allows the use of proceeds of the
millage for all purposes previously
permitted by law as well as newly
authorized security improvements
and the acquisition or upgrading of
technology. 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 limitation on the amount of
taxes which may be assessed
against all property within the school
district of Lowell Area Schools, Kent
and Ionia Counties, Michigan, be
increased by and the board of
education be authorized to levy a
new additional millage of not to
exceed 1 mill ($1.00 per $1,000 of
taxable valuation) to create a sinking
fund to be used for the construction
or repair of school buildings, for
school security improvements, for
the acquisition or upgrading of
technology, for the purchase of real
estate, and all other purposes
authorized by law, for a period of six
(6) years, 2021 through 2026,
inclusive (estimated to provide
revenues of approximately $907,580
in 2021)?