May 3rd School Proposals

BELLAIRE PUBLIC SCHOOL DISTRICT

OPERATING MILLAGE 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 full revenue per pupil foUDdation allowance and restores millage lost as a result of the reduction required by the Michigan Constitution of 1963.

Shall the currently authorized millage rate limitation on the amount of taxes which may be assessed against all property, exeept principal residence and other property exempted by law, in Bellaire Public School District Anttim County, Michigan, be renewed by 19.5021 mills ($19.5021 on each $1;000 of taxable valuation) for a neriod of 6 years, 2023 to 2028, inclusive, and also be increased by .4979 mill ($0.4979 on each $11 000 of taxable valuation) for a period…