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Proposal Text
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EMERSON TOWNSHIP Fire and Rescue Millage Shall Emerson Township levy a millage rate of up to 1.5 mills ($1.50 per $1,000.00 of taxable value) in the tax limitation imposed under Article IX, Section 6 of the Michigan Constitution for four years, 2017-2020 inclusive, for fire protection and rescue service? This is a renewal of the previous millage. The estimated amount of revenue that will be collected in the first year that the millage is authorized and levied is an estimated amount of $175,000.00.
EMERSON TOWNSHIP Road Construction and Maintenance Millage Shall Emerson Township levy a millage rate of up to 1.5 mills ($1.50 per $1,000.00 of taxable value) in the tax limitation imposed under Article IX, Section 6 of the Michigan Constitution for four years, 2017-2020 inclusive, for road construction and maintenance? This is a renewal of the previous millage. The estimated amount of revenue that will be collected in the first year that the millage is authorized and levied is an estimated amount of $175,000.00.
FULTON TOWNSHIP Road Millage Shall the expired previous voted increase in the tax limitation imposed under Article IX, Sec. 6 of the Michigan Constitution in Fulton Township, of 1.0 mills ($1.00 per $1,000 of taxable value), reduced to 1.0 mills ($1.00 per $1,000 of taxable value) by the required millage rollbacks, be renewed at up to 1.0 mills ($1.00 per $1,000 of taxable value) and levied for four (4) years, 2016 through 2019 inclusive, for roads, streets, culverts and bridges, raising an estimated $72,000 in the first year the millage is levied, of which a portion will be disbursed to Gratiot County Road Commission or other local units of Government as the Township Board determines appropriate?
LAFAYETTE TOWNSHIP ROADS AND BRIDGES MILLAGE Shall the previous voted increase in the tax limitations imposed under Article IX, Sec. 6 of the Michigan Constitution in Lafayette Township, of 2.5 mills ($2.50 per $1,000 of taxable value), reduced to 2.4972 mills ($2.4972 per $1,000 of taxable value) by the required millage rollbacks, be renewed at up to 2.4972 mills ($2.4972 per $1,000 of taxable value) and levied for four (4) years, 2017 through 2020 inclusive, for road and bridge maintenance and construction, raising an estimated $99,962 in the first year the millage is levied?
NORTH STAR TOWNSHIP FIRE AND RESCUE EXTRA VOTED MILLAGE RENEWAL Shall the previously voted increase in the 15-mill tax limitation, imposed under Article IX, Section 6, of the Michigan Constitution on general ad valorem taxes within North Star Township, be renewed at up to 1 mill ($1.00 per $1,000 of taxable value) for the period of 2016-2019 inclusive for the purpose of defraying expenses for fire protection and rescue services within said township; and shall the township levy such renewal in millage for said purpose, thereby raising in the first year an estimated $ 90,000?
Washington Township Fire and Rescue Protection Renewal Shall Washington Township, Gratiot County, Michigan impose a renewal of up to 1.10 mills ($1.10 per $1,000 of taxable value) in the tax limitation imposed under Article IX Sec 6 of the MichiganConstitution and levy it for 5 years, 2017 through 2021 inclusive, for the purpose of Fire and Rescue Protection, which 1.10 mills will raise an estimated $28,600 in the first year?
ALMA PUBLIC SCHOOLS BONDING PROPOSAL Shall Alma Public Schools, Gratiot, Montcalm and Isabella Counties, Michigan, borrow the sum of not to exceed Nine Million Nine Hundred Ninety-Five Thousand Dollars ($9,995,000) and issue its general obligation unlimited tax bonds therefor for the purpose of: remodeling, installing security measures for, furnishing and re-furnishing, and equipping and re-equipping school buildings; acquiring and installing educational technology and educational technology equipment for school buildings; erecting, furnishing, equipping, remodeling and improving athletic fields, athletic facilities and playgrounds; purchasing school buses; and preparing, developing and improving sites? The following is for informational purposes only: The estimated millage that will be levied for the proposed bonds in 2017, under current law, is 0.51 mill ($0.51 on each $1,000 of taxable valuation) for a -0- mill net increase over the prior year's levy. The maximum number of years the bonds may be outstanding, exclusive of any refunding, is twenty-one (21) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 2.01 mills ($2.01 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 $1,561,402 and the estimated total interest to be paid thereon is $1,165,632. The estimated duration of the millage levy associated with that borrowing is 14 years and the estimated computed millage rate for such levy is 7.0 mills. The estimated computed millage rate may change based on changes in certain circumstances. The total amount of qualified bonds currently outstanding is $22,680,000. The total amount of qualified loans currently outstanding is approximately $1,979,696. (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.)
ASHLEY COMMUNITY SCHOOLS OPERATING MILLAGE RENEWAL PROPOSAL This proposal will allow the school district to continue to levy the statutory rate of not to exceed 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 2016 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 Ashley Community Schools, Gratiot and Saginaw Counties, Michigan, be renewed for a period of 4 years, 2017 to 2020, 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 2017 is approximately $166,192 (this is a renewal of millage that will expire with the 2016 tax levy)?
ITHACA PUBLIC SCHOOLS OPERATING MILLAGE RENEWAL PROPOSAL This proposal will allow the school district to continue to levy the statutory rate of not to exceed 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 2016 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 Ithaca Public Schools, Gratiot and Montcalm Counties, Michigan, be renewed for a period of 5 years, 2017 to 2021, 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 2017 is approximately $1,025,326 (this is a renewal of millage that will expire with the 2016 tax levy)?
