Operating Millage Renewal Proposal

This proposal will allow the school district to continue to levy the statutory rate of 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. The remaining 1.764 mills is only
available to be levied to restore millage lost as a result of the reduction required by the "Headlee"
amendment to the Michigan Constitution of 1963 and will only be levied to the extent necessary to
restore that reduction.
Shall the currently authorized millage rate limitation on the amount of taxes which may be assessed
against all property, except principal residence and other property exempted by law, in the Thornapple
Kellogg School, Barry, Allegan, Kent and Ionia Counties, Michigan, be renewed by 19.764 mills ($19.764
on each $1,000 of taxable valuation) for a period of 10 years, 2015 to 2024, inclusive, to provide funds
for operating purposes; the estimate of the revenue the school district will collect if the millage is
approved and 18 mills are levied in 2015 is approximately $2,243,099 (this is a renewal of millage
which will expire with the 2014 tax levy)?