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Proposal Text
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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 Byron Center Public Schools, Kent County, Michigan, be increased by 18 mills ($18.00 on each $1,000 of taxable valuation) for a period of 10 years. 2008 to 2017, 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 2008 is approximately $6,287,028 (this is a renewal of millage which expired with the 2007 tax levy)?
This proposal renews building and site sinking fund millage that expired with the 2007 tax levy and restores millage lost as a result of the reduction required by the Michigan Constitution of 1963. Shall the limitation on the amount of taxes which may be assessed against all property in Byron Center Public Schools, Kent County, Michigan, be increased by and the board of education be authorized to levy 1 mill ($1.00 on each $1,000 of taxable valuation) for a period of 10 years, 2008 to 2017, inclusive, for sinking fund purposes to be used for the purchase of real estate for sites for, and the construction or repair of, school buildings and all other purposes authorized by law (.9835 mill of the above is a renewal of millage for building and site sinking fund purposes which expired with the 2007 tax levy and .0165 mill is to restore millage for the same purpose lost as a result of the reduction required by the Michigan Constitution of 1963); the estimate of the revenue the school district will collect if the millage is approved and levied in 2008 is approximately $922,303?
Shall Godwin Heights Public Schools, Kent County, Michigan, borrow the sum of not to exceed Six Million Five Hundred Sixty Thousand Dollars ($6,560,000), and issue in one or more series its general obligation unlimited tax bonds therefor, for the purpose of: partially remodeling, furnishing and refurnishing, equipping and re-equipping school facilities; acquiring, installing and equipping technology for instructional purposes in school facilities; purchasing school buses; constructing, equipping, developing and improving athletic/physical education fields, facilities and playgrounds; and developing and improving sites?
This proposal will enable the school district 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 Kent City Community Schools, Kent, Ottawa, Muskegon and Newaygo Counties, Michigan, be increased by .75 mill ($0.75 on each $1,000 of taxable valuation) for the year 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 2008 is approximately $26,891 (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 Rockford Public Schools, Kent County, Michigan, borrow the sum of not to exceed Forty-Five Million Eight Hundred Five Thousand Dollars ($45,805,000) and issue its general obligation unlimited tax bonds therefor, for the purpose of: erecting, furnishing and equipping additions to school facilities; partially remodeling, furnishing and refurnishing, equipping and re-equipping school facilities; acquiring, installing and equipping educational technology for school facilities; constructing, equipping, developing and improving community recreation, physical education and athletic facilities, playfields and play areas; purchasing school buses; and developing and improving sites?
