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Proposal Text
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APPROVAL OR DISAPPROVAL OF AMENDATORY ACT TO REDUCE STATE USE TAX AND
REPLACE WITH A LOCAL COMMUNITY STABILIZATION SHARE TO MODERNIZE THE
TAX SYSTEM TO HELP SMALL BUSINESSES GROW AND CREATE JOBS
The amendatory act adopted by the Legislature would:
1. Reduce the state use tax and replace with a local community
stabilization share of the tax for the purpose of modernizing the tax
system to help small businesses grow and create jobs in Michigan.
2. Require Local Community Stabilization Authority to provide revenue
to local governments dedicated for local purposes, including police
safety, fire protection, and ambulance emergency services.
3. Increase portion of state use tax dedicated for aid to local school
districts.
4. Prohibit Authority from increasing taxes.
5. Prohibit total use tax rate from exceeding existing constitutional
6% limitation.
Should this law be approved?
Shall the Climax Township impose an increase of up to 1.5 mills ($1.50 per $1,000 of taxable value) in the tax limitation imposed under Article IX, Sec 6 of the Michigan Constitution and levy it for 10 years, 2014 through 2023 inclusive, for dedicated funding operations and equipment purchases for the Climax Township Fire Department, which 1.5 mills will raise an estimated $97,800 in the first year the millage is levied.
Shall the authorized charter millage for the Charter Township of Comstock as reduced by any required millage rollbacks be increased up to an additional .5 mill ($.50 per $1,000 of taxable value) for eight (8) years from 2015 through 2021 inclusive to provide additional funds to be allocated under the provisions of Act No. 39 of the Public Acts of 1976, as amended, to support services for older adults through the Comstock Community Center, which levy will raise in the first year of levy an estimated $248,000?
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 and renews millage that will expire with the 2014 tax levy. Shall the currently authorized millage rate limitation of 18 mills ($18.00 on each $1,000 of taxable valuation) on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Lawton Community Schools, Van Buren and Kalamazoo Counties, Michiganm be renewed for a period of 3 years, 2015, 2016 and 2017, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and levied in 2015 is approximately $1,050,000 (this is a renewal of millage which expired with the 2014 tax levy)?
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 Mattawan Consolidated School, Van Buren and Kalamazoo Counties, Michigan, be increased by 18 mills ($18.00 on each $1,000 of taxable valuation) for a period of 5 years, 2014 to 2018, inclusive, to provide funds for operating purposes; the estimate of revenue the school district will collect if the millage is approved and levied in 2014 is approximately $1,800,000 (this is a renewal of millage which expired with the 2013 tax levy)?
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 and renews millage that will expire with the 2014 tax levy. Shall the currently authorized millage rate limitation of 18 mills ($18.00 on each $1,000 of taxable valuation) on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Parchment School District, Kalamazoo County, Michigan, be renewed for a period of 10 years, 2015 to 2024, 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 2015 is approximately $920,000 (this is a renewal of millage which will expire with the 2014 tax levy)?
Shall Schoolcraft Community Schools, Kalamazoo County, Michigan, borrow the sum of not to exceed Fourteen Million Four Hundred Thousand Doillars ($14,400,000) and issue its general obligation unlimited tax bonds therefor, for the purpose of: partially remodeling, furnishing and refurnishing, equipping and re-equipping school facilities; erecting, furnishing and equipping additions to the high school for middle school purposes; acquiring, installing and equipping instructional technology for school facilities; constructing, equipping, developing and improving athletic and recreation facilities and playgrounds; and developing and improving sites? The following is for informational purposes only: No millage will be levied for the proposed bonds in 2014. The maximum number of years the bonds may be outstanding, excluding of any refunding, is twenty-five (25) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 3.96 mills ($3.96 on each $1,000 of taxable valuation). The school district expects to borrow from the State School Bond Qualification and Loan Program to pay debt service on these bonds. The estimated total principal amount of that borrowing is $3,009, 487 and the estimated total interest to be paid thereon is $3,604,184. The estimated duration of the millage levy associated with that borrowing is 18 years and the estimated computed millage rate for such levy is 7.50 mills. The estimated computed millage rate may change based on changes in certain circumstances.
Shall a 1.00 mill ($1.00 per $1,000 of taxable value) tax be assessed and levied on taxable property in the Galesburg/Charleston Memorial District Library District, which includes the entire geographic boundaries of the city of Galesburg and the Township of Charleston (except that portion of the Village of Augusta located in the Township, which is included in the Augusta-Ross Township District Library District), for a period of five (5) years, beginning in the year 2014 and continuing through the year 2018, inclusive, subject to reduction as provided by law? The purpose of this new additional millage levy is to provide funds to be used for all Library purposes authorized by the District Library Act, PA 24 of 1989, as amended, including, but not limited to, the operation and maintenance of a public library and acquisition, maintenance and improvement of public library and acquisition, maintenance and improvement of public library facilities, equipment, and property within the Galesburg/Charleston Memorial District Library District. It is estimated that the 1.0 mill levy would provide revenue of $130,374 in the first calendar year. The revenue from the levy of the millage will be distributed to and used by the Galesburg/Charleston Memorial District Library and a portion of the revenue from the levy of the millage will be captured by and disbursed to the City of Galesburg Downtown Development Authority in accordance with state law.
Shall the Charles A. Ransom District Library be authorized to levy a new additional tax annually upon the taxable value of all property subject to ad valorem taxation with the district of the Charles A. Ransom District Library in an amount not to exceed 0.6 mills ($0.60 for each $1,000 of taxable value), for a period of ten (10) years (2015 through 2024, inclusive) to provide funds for all library purposes authorized by law? The millage would raise estimated revenues of $268,615 in 2015 (the first year of the levy). To the extent required by law, a portion of the total revenues from the tax levy (approximately 0.9% in the first year of the levy) will be captured within the districts of the disbursed to the City of Plainwell's Downtown Development Authority, Tax Increment Finance Authority, and Brownfield Redevelopment Authority.
