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Proposal Text
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RENEWAL EMERGENCY 9-1-1 OPERATING SURCHARGE Shall Gratiot County be authorized to continue to assess a monthly surcharge of up to $2.89 per month within the geographic boundaries of Gratiot County on all telephone devices that can access the Gratiot County, Michigan 9-1-1 System? The surcharge would run (5 years) from July 1, 2014 to June 30, 2019, unless repealed by statute. The surcharge shall be used exclusively to finance, upgrade, maintain, radio-computer aided dispatch communications, facilities and operating cost of the Gratiot County 911/Central Dispatch Authority. It is expected that the surcharge could bring up to $1,081,148 annually. The $2.89 per month surcharge was approved by Gratiot County voters in August 2010, however statutes in the law require a renewal by ballot proposal be approved before July 1, 2014.
FIRE PROTECTION MILLAGE RENEWAL Shall the expired previous voted increases in the tax limitations imposed under Article IX, Sec. 6 of the Michigan Constitution in Sumner Township, of 1.7500 mills ($1.75 per $1,000 of taxable value), be renewed to the original voted 1.7500 mills ($1.75 per $1,000 of taxable value) and levied for 8 years, 2014 through 2021 inclusive, for Fire Protection, raising an estimated $64,063.12 in the first year the millage is levied?
HALL AND COMMUNITY CENTER MILLAGE RENEWAL Shall the expired previous voted increases in the tax limitations imposed under Article IX, Sec. 6 of the Michigan Constitution in Sumner Township, of .50 mills ($ .50 per $1,000 of taxable value), be renewed to the original voted .50 mills ($ .50 per $1,000 of taxable value) and levied for 8 years, 2014 through 2021 inclusive, for the operation and maintenance of the Sumner Township Hall and Community Center, raising an estimated $18,300.66 in the first year the millage is levied?
RESCUE MILLAGE INCREASE Shall Sumner Township impose an increase of up to .25 mills (.25 per $1,000 of taxable value), in the tax limitations imposed under Article IX, Sec. 6 of the Michigan Constitution in Sumner Township and levy it for 8 years, 2014 through 2021 inclusive for Sumner Township Rescue, which .25 mills increase will raise an estimated $9,150.33 in the first year the millage is levied?
ALMA PUBLIC SCHOOLS OPERATING MILLAGE RENEWAL PROPOSAL 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 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 Alma Public Schools, Gratiot, Montcalm and Isabella Counties, Michigan, be renewed for a period of 20 years, 2015 to 2034, inclusive, to provide funds for operating purposes; if approved, the estimate of the revenue the school district will collect the first year of levy, 2015, is approximately $2,211,000 (this is a renewal of millage which will expire with the 2014 tax levy)?
SAINT LOUIS PUBLIC SCHOOLS BONDING PROPOSAL Shall Saint Louis Public Schools, Gratiot, Midland and Isabella Counties, Michigan, borrow the sum of not to exceed Seven Million Nine Hundred Thirty Thousand Dollars ($7,930,000) and issue its general obligation unlimited tax bonds therefor, for the purpose of: remodeling, furnishing and refurnishing and equipping and re-equipping school buildings, including the installing of security measures and energy conservation improvements; erecting, furnishing and equipping an addition to the high school building; acquiring and installing educational technology and educational technology equipment for school buildings; purchasing school buses; erecting, furnishing and equipping a new bus maintenance facility and two new storage facilities; and developing and improving playgrounds, athletic fields and facilities, and sites? The following is for informational purposes only: The estimated millage that will be levied for the proposed bonds in 2014, under current law, is 0.00 mill ($0.00 on each $1,000 of taxable valuation). The maximum number of years the bonds may be outstanding, exclusive of any refunding, is twenty-five (25) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 2.31 mills ($2.31 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 $3,421,226 and the estimated total interest to be paid thereon is $1,673,605. The estimated duration of the millage levy associated with that borrowing is 14 years and the estimated computed millage rate for such levy is 8 mills. The estimated computed millage rate may change based on changes in certain circumstances. The total amount of qualified bonds currently outstanding is $11,620,000. The total amount of qualified loans currently outstanding is $0.00. (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.)
BONDING PROPOSAL Shall Carson City-Crystal Area Schools, Montcalm, Gratiot, Ionia and Clinton Counties, Michigan, borrow the sum of not to exceed Ten Million Nine Hundred Ninety Thousand Dollars ($10,990,000) and issue its general obligation unlimited tax bonds therefor, for the purpose of: partially remodeling, furnishing and refurnishing, equipping and re-equipping the Lower and Upper Elementary Schools and the Middle School/High School; erecting, furnishing and equipping additions to the Lower Elementary School; acquiring, installing and equipping instructional technology for school facilities; relocating and equipping a playground; purchasing school buses; and developing and improving sites? The following is for informational purposes only: The estimated millage that will be levied for the proposed bonds in 2014 is 2.45 mills ($2.45 on each $1,000 of taxable valuation) for a -0- net increase in debt millage. The maximum number of years the bonds may be outstanding, exclusive of any refunding, is fifteen (15) years and nine (9) months. The estimated simple average annual millage anticipated to be required to retire this bond debt is 3.27 mills ($3.27 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 $2,245,000. 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.)
OVID ELSIE AREA SCHOOLS BONDING PROPOSAL Shall Ovid-Elsie Area Schools, Clinton, Shiawassee, Saginaw and Gratiot Counties, Michigan, borrow the sum of not to exceed Five Million Six Hundred Sixty Thousand Dollars ($5,660,000) and issue its general obligation unlimited tax bonds therefor, for the purpose of: installing security measures for, remodeling, equipping and re-equipping and furnishing and refurnishing school buildings and school facilities; acquiring and installing instructional technology and instructional technology equipment for school buildings; purchasing school buses; developing and improving athletic fields and facilities, parking areas and sites? The following is for informational purposes only: The estimated millage that will be levied for the proposed bonds in 2014, under current law, is 0.00 mill ($0.00 on each $1,000 of taxable valuation). The maximum number of years the bonds may be outstanding, exclusive of any refunding, is fifteen (15) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 1.58 mills ($1.58 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 $3,153,190 and the estimated total interest to be paid thereon is $7,096,541. The estimated duration of the millage levy associated with that borrowing is 23 years and the estimated computed millage rate for such levy is 7.80 mills. The estimated computed millage rate may change based on changes in certain circumstances. The total amount of qualified bonds currently outstanding is $27,640,000. The total amount of qualified loans currently outstanding is approximately $967,260. (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.)
SPECIAL EDUCATION MILLAGE PROPOSAL This proposal will increase the levy by the intermediate school district of special education millage previously approved by the electors. Shall the 2.1878 mills limitation ($2.1878 on each $1,000 of taxable valuation) on the annual property tax previously approved by the electors of Montcalm Area Intermediate School District, Michigan, for the education of students with a disability be increased by 1.32 mills ($1.32 on each $1,000 of taxable valuation), for a period of 20 years, 2014 to 2033, inclusive; the estimate of the revenue the intermediate school district will collect if the millage is approved and levied in 2014 is approximately $2,659,048 from local property taxes authorized herein?
