Educational Service Agency - Proposal I - Special Education Millage Proposal

This proposal requests additional millage to permit the continued levy by the intermediate school district of the maximum mills for special education previously approved by the electors. Shall the current charter limitation on the annual property tax rate for the education of students with a disability in Allegan Area Educational Service Agency, Michigan, be increased by .5203 mill ($0.5203 on each $1,000 of taxable valuation), for a period of 20 years, 2015 to 2034, inclusive (this increase will allow the intermediate school district to levy the maximum rate of 3.050 mills previously approved by the electors which has been reduced as required by provisions of the Michigan Constitution of 1963, commonly known as the Headlee Amendment); the estimate of the revenue the intermediate school district will collect if the millage is approved and levied in 2015 is approximately $1,387,442 from local property taxes authorized herein?