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Proposal Text
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“Shall the limitation on the amount of taxes which may be imposed on taxable property within the Cass County Transportation Authority (whose geographic boundaries are coterminous with those of the County of Cass) be increased by 0.28 mill ($0.28 per $1,000 of taxable value) for a period of five (5) years, 2014 through 2018, inclusive, as new additional millage, for the sole and exclusive purpose of providing public transportation services and facilities? It is estimated that 0.28 mill would raise approximately $510,000 when first levied in 2014.”
This proposal requests additional millage to permit the continued levy by the intermediate school district of 2.50 mills for special education previously approved by the electors. The revenue raised by the proposed millage will be levied and collected by the intermediate school district and will be used to fund special education services to students with disabilities who attend local schools. Shall the current charter limitation on the annual property tax rate for the education of students with a disability in Lewis Cass Intermediate School District, Michigan, be increased by .4709 mill ($0.4709 on each $1,000 of taxable valuation), for a period of 20 years, 2013 to 2032, inclusive, (this increase will allow the intermediate school district to levy the maximum rate previously approved by the electors which has been reduced as required by the Michigan Constitution of 1963); the estimate of the revenue the intermediate school district will collect if the millage is approved and levied in 2013 is approximately $707,161 from local property taxes authorized herein?
“Shall the limitation on general ad valorem taxes within Newberg Township imposed under Article 9, Section 6 of the Michigan Constitution be increased by 1.0 mill ($1.00 per $1,000.00 of taxable value) for four years, 2014 through 2017, inclusive, and shall Newberg Township levy such increase in new millage on all taxable real and personal property in the Township for disbursement to Newberg Township for the purpose of maintaining and/or improving public roads in Newberg Township with a “local” road classification, which 1.0 mill increase and levy will raise an estimated $54,480.00 in the first year the millage is levied?”
Shall the authorized millage of Volinia Township be increased by up to 1.0 mill ($1.00 per $1,000 of taxable value) for 5 years, 2013-2017, inclusive, for the purpose of maintaining and/or improving township roads located in Volinia Township, raising an estimated $39,000.00 in the first year millage is levied.
Shall the Village of Edwardsburg, Cass County, Michigan, be authorized to increase the total millage on all real and personal property located within the Village by two (2) mills for the next twenty (20) years for the purpose of providing new, additional revenue for operating expenses? The estimated additional revenue for the first year that the millage is authorized and levied is $39,002.
This proposal will allow 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 on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Constantine Public Schools, St. Joseph and Cass Counties, Michigan, be increased by 18 mills ($18.00 on each $1,000 of taxable valuation) for a period of 20 years, 2013 to 2032, 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 2013 is approximately $1,535,408?
Shall Constantine Public Schools, St. Joseph and Cass Counties, Michigan, borrow the sum of not to exceed Six Million Six Hundred Fifty-Five Thousand Dollars ($6,655,000) and issue its general obligation unlimited tax bonds therefore, for the purpose of: erecting, furnishing and equipping additions to and remodeling, furnishing and refurnishing, and equipping and re-equipping Constantine Middle School; remodeling and improving Sweetland Stadium; and developing and improving the site? The following is for information purposes only: The estimated millage that will be levied for the proposed bonds in 2014, under current law, is 1.39 mills ($1.39 on each $1,000 of taxable valuation) for a -0- mill net increase in debt millage. The maximum number of years the bonds may be outstanding, exclusive of any refunding, is sixteen (16) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 1.81 mills ($1.81 on each $1,000 of taxable valuation). The school district does not expect to borrow from the State to pay debt service on the bonds. The total amount of qualified bonds currently outstanding is $19,190,000. The total amount of qualified loans currently outstanding is $-0-. The estimated computed millage rate may change based on changes in certain circumstances. (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.)
