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. 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 Grant Public Schools, Newaygo, Kent and Muskegon Counties, Michigan, be increased by 18 mills ($18.00 on each $1,000 of taxable valuation) for a period of 4 years, 2015 to 2018, inclusive, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and levied in 2015 is approximately $860,000 (this is a renewal of millage which will expire with the 2014 tax levy)?