Measure on the ballot in the 2020 Michigan General Election in Holly Area School District.
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Get StartedThis proposal will allow the school district 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 full revenue per pupil foundation allowance and restores millage lost as a result of a reduction required by the “Headlee” amendment to the Michigan Constitution of 1963.
Shall the currently authorized millage rate limitation on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Holly Area School District, Oakland County, Michigan, be renewed by 17.9047 mills ($17.9047 on each $1,000 of taxable valuation) for a period of 10 years, 2023 to 2032, inclusive, and also be increased by .5 mill ($0.50 on each $1,000 of taxable valuation) for a period of 12 years, 2021 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 .0953 mill of the additional .5 mill is levied in 2021 is approximately $4,323,146 (this is a renewal of millage that will expire with the 2022 tax levy and the addition of millage to restore millage lost as a result of a reduction required by the “Headlee” amendment to the Michigan Constitution of 1963, which will only be levied to the extent necessary to restore that reduction)?
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