Proposal I - Fire Equipment Millage Renewal

Shall the previous voted increase in the constitutional tax rate limitation on general ad valorem taxes in the Township of Sparta be renewed at 0.2409 mills ($0.2409 per $1,000 of taxable value) and levied on taxable property for six (6) years, 2008 through 2013, inclusive, to provide funds for the acquisition of fire equipment? This millage renewal would raise an estimated $60,538 in the first year of the levy. To the extent required by law, a small portion of the tax levy revenues (approximately $3000 in the first year) will be captured within the district of and disbursed to the Village of Sparta Downtown Development Authority.