Grattan Township Proposition -- .3577 Mill for Township General Operating Purposes

Shall the Township of Grattan property tax rate limitation be increased, and shall said increase be levied on taxable property in the Township, in the amount of .3577 mill ($.3577 per $1,000 of taxable value), subject to reduction as provided by law? As an example, a resident with a home having a taxable value of $100,000 would have an increase in annual property taxes of $35.77. The purpose of the millage levy is to offset decreases in the Township's allocated operating millage levy as a result of the Headlee Amendment. Property tax revenues generated by this millage levy will be used for general Township operations. It is estimated that a levy of .3577 mill would provide revenue of $50,645 in the first calendar year. Revenues from the millage will be disbursed to the Township of Grattan.