Operating Millage Renewal Proposal

This proposal requests additional millage to permit the continued levy by the intermediate school district of the maximum mills for vocational-technical education previously approved by the electors. Shall the current charter limitation on the annual property tax rate for vocational-technical education in Allegan Area Educational Service Agency, Michigan, be increased by .3037 mill ($0.3037 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 1.78 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 $809,953 from local property taxes authorized herein?