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Proposal Text
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Shall the limitation on the amount of taxes which may be assessed against all property, exempting therefrom principal residence and qualified agricultural property as defined by law, in Athens Area Schools, Calhoun, Branch, Kalamazoo and St. Joseph Counties, Michigan, be increased by 18 mills ($18.00 on each $1,000.00 of taxable valuation) for a period of 6 years, 2006 to 2011, 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 2006, is approximately $365,000 (this is a renewal of millage which expired with the 2005 tax levy)?
Shall the limitation on the amount of taxes which may be assessed againsta ll property, exempting therefrom principal residence and qualified agricultural property as defined by law, in Climax-Scotts Community Schools, Kalamazoo and Calhoun Counties, Michigan, be increased by 18 mills ($18.00 on each $1,000.00 of taxable valuation) for a period of 3 years, 2006, 2007 and 2008, to provide funds for operating purposes, (17.6291 mills of the above is a renewal of millage which expired with the 2005 tax levy and .3709 mill is a restoration of millage lost as a result of the reduction required by the Michigan Constitution of 1963); if approved, the estimate of the revenue the school district will collect in the first year of levy, 2006, is approximately $235,408?
Shall the limitation on the amount of taxes which may be assessed against all property, exempting therefrom principal residence and qualified agricultural property as defined by law, in Colon Community Schools, St. Joseph, Branch and Kalamazoo Counties, Michigan, be increased by 3 mills ($3.00 on each $1,000.00 of taxable valuation) for a period of 9 years, 2006 to 2014, 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 2006, is approximately $51,430.88 (this millage is to restore millage lost as a result of the reduction required by the Michigan Constitution of 1963 and will be levied only to the extent necessary to restore that reduction)?
Shall Galesburg-augusta community Schools, Kalamazoo County, Michigan, borrow a sum of not to exceed Three Million Three Hundred Ten Thousand Dollars ($3,310,000) and issue its general obligation unlimited tax bonds therefore, for the purpose of: *constructing and equipping athletic fields and facilities and replacing the middle school roof? The following is for informational purposes only: The estimated millage that will be levied for the proposed bonds in 2006, under current law, is -0- mill ($0.00 on each $1,000 of taxable valuation). The maximum number of years the bonds may be outstanding, exclusive of any regunding, will not exceed twenty (20) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is .68 mill ($0.68 on each $1,000 of taxable valuation). If the school district borrows from the State to pay debt service on the bonds, the school district may be required to continue to levy mills beyond the term of the bonds to repay the State. (Pursuant to State law, expenditure of bond proceeds must be audited, and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating expenses.)
Shall Galesburg-Augusta Community Schools, Kalamazoo County, Michigan, borrow the sum of not to exceed Two Million One Hundred Twenty Thousand Dollars ($2,120,000) and issue its general obligation unlimited tax bonds therefore, for the purpose of: *erecting, furnishing and equipping an athletic facility building or addition, including minor associated remodeling to the high school, acquiring and installing educational technology improvements, and developing and improving the site? The following is for informational purposes only: The estimated millage that will be levied for the proposed bonds in 2006, under current law is -0- mill ($0.00 on each $1,000 of taxable valuation). The maximum number of years the bonds may be outstanding, exclusive of any refunding, will not exceed twenty (20) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is .43 mill ($0.43 on each $1,000 of taxable valuation). If the school district borrows from the State to pay debt service on the bonds, the school district may be required to continue to levy mills beyond the term of the bonds to repay the State. (Pursuant to State law, expenditure of bond proceeds must be audited, and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating expenses.)
Shall Galesburg-augusta Community Schools, Kalamazoo County, Michigan, bowwor the sum of not to exceed Five Million Eight Hundred Seventy Thousand Dollars ($5,870,000) and issue its general obligation unlimited tax bonds therefore, fr the purpopse of: *erecting, furnishing and equipping an auditorium addition to the high school and expanding the band room, acquiring and installing educational technology improvements and developing and improving the room, acquiring the installing educational technology improvements and developing and improing the site? The following is for informational purposes only: the estimated millage that will be levied for the proposed bonds in 2006, under current law, is -0- mill ($0.00 on each $1,000 of taxable valuation). the maximum number of years the bonds may be outstanding, exclusive of any refunding, will not exceed twenty (20) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 1.21 mills ($1.21 on each $1,000 of taxable valuation). If the school district borrows from the State to pay debt service on the bonds, the school district may be required to continue to levy mills beyond the term of the bonds to repay the State. (Pursuant to State law, expendiutire of bond proceeds must be audited, and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating expenses.)
Shall the Kalamazoo Public Schools, County of Kalamazoo, Michigan, borrow the principal sum of not to exceed Eighty-Five Million Five Hundred Thirty Thousand Dollars ($85,530,000) and issue its general obligation unlimited tax bonds for the purpose of defraying the cost of: *remodeling existing School District buildings, inclusing safety, security and energy conservation improvements; *equipping, furnishing, reequipping and refurnishing School District buildings and aquiring buses; *acquiring and installing technology infrastructure and equipment in and connecting School District buildings; *constructing buildings in the School Distict; erecting additions to existing School District buiodings, inclusing elementary computer labs; and *acquiring, improving and developing sites, inclusing traffic flow and parking improvements, playgrounds, playfields and outdoor athletic fields, facilities and structures in the School District? The School District estimates that the debt millage levy required in 2006 to retire the bonds of the district currently outstanding and proposed by this ballot proposal will not be more than 1.15 mills ($1.15 per $1,000 of taxable value). The bonds may be issued in one or more series, payable in the case of each series in not to exceed twenty years from the date of issue of such series. (Under State law, bond proceeds may not be used to pay teacher or administrator salaries, routine maintenance costs or other School District Operating expenses.)
Shall the limitation on the amount of taxes which may be assessed against all property, exempting therefrom principal residence and qualified agricultural property as defined by law, in Lawton Community Schools, Van Buren and Kalamazoo Counties, Michigan, be increased by 17.3574 on each $1,000 of taxable valuation) for a period of 3 years, 2006, 2007 and 2008, to provide funds for operating purposes (the above is a renewal of millage which expired with the 2005 tax levy); the estimate of the revenue the school district will collect if the millage is approved and levied in 2006 is approximately $903,000?
Shall the limitation on the amout of taxes which maybe assessed against all property, exempting therefrom principal residence and qualified agricultural peoperty as defined by law, in lawton Community Schools, VanBuren and Kalamazoo Counties, Michigan, be increased by .6426 mill ($.6426 on each $1,000 of taxable valuation) for 3 years, 2006, 2007 and 2008, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and levied in 2006 is approximately $33,500 (this millage is to restore millage lost as a result of the reduction required by the Michigan Constitution of 1963)?
Shall the limitation of the amount of taxes which may be assessed against all property, exempting therefrom principal residence and qualified agricultural property as defined by law, in Mattawan Consolidated School, Van Buren and Kalamazoo Counties, Michigan, be increased by 18 mills ($18.00 on each $1,000 of taxable valuation) for the year 2006, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and levied in 2006 is approximately $1,700,000 (this is a renewal of millage which espired with the 2006 tax levy)?
Shall the limitation on the amount of taxes which may be assessed against all property as defined by law, in Mendon Community Schools, St. joseph and Kalamazoo Countyes, Michigan, be increased by 18 mills ($18.00 on each $1,000 of taxable valuation) for a period of 10 years, 2006 to 2015, inclusive, to provide funds for operating purposes, (17.9136 mills of the above is a renewal of millage which expired with the 2005 tax levy and .0864 mill is a restoration of millage lost as result of the reduction required by the Michigan Constitution of 1963); if approved, the estimate of the revenue the school district will collect in the first year of levy, 2006, is approximately $683,407?
