Sparta Township Library Proposal -- Increase of .25 Mills

Shall the total tax rate limitation on the amount of general ad valorem taxes which may be imposed on taxable real and tangible personal property within Sparta Township under Article IX, Sec. 6 of the Michigan Constitution be increased for said Township by 0.25 mills ($0.25 per $1,000 of taxable value) annually for six years, 2010 through 2015, inclusive, to provide funds for all Township Library purposes authorized by law, and shall Sparta Township be authorized to levy such new additional millage for said purposes? If approved and levied, this millage would raise an estimated $62,530 in the first year of the levy (2010). The revenues from this millage will be disbursed to the Sparta Township Library. To the extent required by law, a small portion of the revenues from this millage (approximately 5.3% in the first year of the levy) will be captured within the district of and disbursed to the Village of Sparta Downtown Development Authority.