Tuesday, April 27, 2010

Some Facts About the Non-Homestead Millage Vote

YOUR YES VOTE is worth $1,100,000 to the EGR schools!!
Election day is Tuesday, May 4th.  VOTE YES on Operating Millage Proposal:
  • No change in taxes on EGR homeowners
  • Renews 18 mill tax on EGR business, industrial, agricultural and rental properties only.
  • No primary EGR residences will be affected
  • YES = $1,100,000 directly to EGR Schools budget
With a proposed $2.5 million EGR School Budget cut:
YOUR YES VOTE KEEPS $1,100,000 in their coffers!!
YOUR YES VOTE PREVENTS the schools from a $3.6 million shortfall!!
YOUR YES VOTE = an easy way to help your schools!  Spread the word!!!
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 amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in East Grand Rapids Public Schools, Kent County, Michigan, be increased by 18 mills ($18.00 on each $1,000 of taxable valuation) for a period of 3 years, 2010, 2011 and 2012, to provide funds for operating purposes (17.8669
mills of the above is a renewal of millage which expired with the 2009 tax levy and .1331 mill is a restoration of millage 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 2010 is approximately $1,100,000?
The Legislative Committee encourages you to get out and vote!