The following is for informational purposes only:

Size: px
Start display at page:

Download "The following is for informational purposes only:"

Transcription

1 ALLEGAN PUBLIC SCHOOLS SINKING FUND MILLAGE PROPOSAL Shall the limitation on the amount of taxes which may be assessed against all property in Allegan Public Schools, Allegan County, Michigan, be increased by and the board of education be authorized to levy not to exceed 1 mill ($1.00 on each $1,000 of taxable valuation) for a period of 5 years, 2018 to 2022, inclusive, to create a sinking fund for the construction or repair of school buildings, for the purchase of real estate for sites for school property, for school security improvements, for the acquisition or upgrading of technology and all other purposes authorized by law; the estimate of the revenue the school district will collect if the millage is approved and levied in 2018 is approximately $498,127? FENNVILLE PUBLIC SCHOOLS BONDING PROPOSAL Shall Fennville Public Schools, Allegan County, Michigan, borrow the sum of not to exceed Twenty-Three Million Dollars ($23,000,000) and issue its general obligation unlimited tax bonds therefor, for the purpose of: erecting, furnishing and equipping additions to school facilities; remodeling, furnishing and refurnishing, and equipping and re-equipping school facilities; acquiring, installing and equipping school facilities with instructional technology; erecting, furnishing and equipping a transportation center facility; constructing and equipping an athletic stadium; and preparing, developing, improving, and equipping athletic facilities, athletic fields, playgrounds, play fields, and sites? The following is for informational purposes only: law, is 3.11 mills ($3.11 on each $1,000 of taxable valuation), for a 2.55 mills net increase over the prior year s levy. The maximum number of years the bonds may be outstanding, exclusive of any refunding, is thirty (30) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 3.05 mills ($3.05 on each $1,000 of taxable valuation).

2 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 $19,030,000. The total amount of qualified loans currently outstanding is $0. The estimated computed millage rate may change based on changes in certain circumstances. MARTIN PUBLIC SCHOOLS OPERATING MILLAGE RENEWAL PROPOSAL This proposal will allow the school district to continue to levy the statutory rate of not to exceed 18 mills on all property, except principal residence and other property exempted by law, required for the school district to receive its revenue per pupil foundation allowance and renews millage that will expire with the 2017 tax levy. Shall the currently authorized millage rate limitation of mills ($ 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 Martin Public Schools, Allegan and Barry Counties, Michigan, be renewed for a period of 2 years, 2018 and 2019, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and 18 mills are levied in 2018 is approximately $560,645 (this is a renewal of millage that will expire with the 2017 tax levy)? OTSEGO PUBLIC SCHOOLS BONDING PROPOSAL Shall Otsego Public Schools, Allegan, Kalamazoo and Van Buren Counties, Michigan, borrow the sum of not to exceed Six Million Nine Hundred Sixty Thousand Dollars ($6,960,000) and issue its general obligation unlimited tax bonds therefor, in one or more series, for the purpose of: erecting, furnishing and equipping an early childhood center; preparing, developing, equipping and improving a playground and the early childhood center site; acquiring, installing and equipping school facilities with instructional technology; and furnishing, refurnishing, equipping and reequipping school facilities?

3 The following is for informational purposes only: law, is 0.94 mill ($0.94 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 of any series may be outstanding, exclusive of any refunding, is thirty (30) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 0.72 mill ($0.72 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 $2,572,599 and the estimated total interest to be paid thereon is $6,528,422. The estimated duration of the millage levy associated with that borrowing is 21 years and the estimated computed millage rate for such levy is 7.50 mills. The estimated computed millage rate may change based on changes in certain circumstances. The total amount of qualified bonds currently outstanding is $53,060,000. The total amount of qualified loans currently outstanding is approximately $2,084,465. SAUGATUCK PUBLIC SCHOOLS OPERATING MILLAGE PROPOSAL This 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, and its authorized millage rate on all principal residences, qualified agricultural property, qualified forest property, industrial personal property, commercial personal property, and all other taxable property as defined by law, required for the school district to receive its revenue per pupil foundation allowance. Shall the total limitation on the amount of taxes for operating purposes which may be assessed against all property, except principal residence and other property exempted by law, in Saugatuck Public Schools, Allegan County, Michigan, be increased by 20 mills

4 ($20.00 on each $1,000 of taxable valuation), and against all principal residences, qualified agricultural property, qualified forest property, industrial personal property, commercial personal property, and all other taxable property as defined by law by 1.50 mills ($1.50 on each $1,000 of taxable valuation), both millages to be for a period of 3 years, 2017, 2018 and 2019; the estimate of the revenue the school district will collect from the combined property taxes authorized herein if the millage is approved and levied in 2017 is approximately $5,737,075? SAUGATUCK PUBLIC SCHOOLS MILLAGE PROPOSAL TO PROVIDE FUNDS TO OPERATE A SYSTEM OF PUBLIC RECREATION AND PLAYGROUNDS This proposal will allow the school district to continue to levy public recreation millage previously approved by the electors. Shall the limitation on the amount of taxes which may be assessed against all property in Saugatuck Public Schools, Allegan County, Michigan, be increased by and the board of education be authorized to levy not to exceed.25 mill ($0.25 on each $1,000 of taxable valuation) for a period of 2 years, 2018 and 2019, to continue to provide funds for operating a system of public recreation and playgrounds (.2452 mill of the above is a renewal of millage which will expire with the 2017 tax levy, and.0048 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 for such public recreation program if the millage is approved and levied in 2018 is approximately $143,823? WAYLAND UNION SCHOOL DISTRICT BONDING PROPOSAL Shall Wayland Union School District, Allegan, Barry and Kent Counties, Michigan, borrow the sum of not to exceed Nineteen Million Two Hundred Fifty Thousand Dollars ($19,250,000) and issue its general obligation unlimited tax bonds therefor, for the purpose of:

5 erecting additions to a middle school building; remodeling, furnishing and refurnishing and equipping and re-equipping school buildings and athletic facilities; acquiring and installing instructional technology and instructional technology equipment for school buildings; and preparing, developing and improving athletic facilities, driveways, parking areas, and sites? The following is for informational purposes only: 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 1.59 mills ($1.59 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 $5,876,613 and the estimated total interest to be paid thereon is $3,870,575. The estimated duration of the millage levy associated with that borrowing is 13 years and the estimated computed millage rate for such levy is 8.40 mills. The estimated computed millage rate may change based on changes in certain circumstances. The total amount of qualified bonds currently outstanding is $50,730,000. The total amount of qualified loans currently outstanding is approximately $131,654.

May 5, Proposals

May 5, Proposals 1 of 5 May 5, 2015 - Proposals State Proposal PROPOSAL 15-1 A proposal to amend the State Constitution to increase the sales/use tax from 6% to 7% to replace and supplement reduced revenue to the School

More information

INGHAM COUNTY JUSTICE MILLAGE QUESTION YES [ ] NO [ ]

INGHAM COUNTY JUSTICE MILLAGE QUESTION YES [ ] NO [ ] INGHAM COUNTY JUSTICE MILLAGE QUESTION For the purpose of constructing, equipping, and financing a new combined justice complex facility and expanding correctional programming, to include a new county

More information

August 7, 2018 State Primary Official List of Proposals

August 7, 2018 State Primary Official List of Proposals August 7, 2018 State Primary Official List of Proposals AUGUSTA CHARTER TOWNSHIP FIRE PROTECTION AND PREVENTION MILLAGE RENEWAL Shall the expired previous authorized increase in the tax limitation imposed

More information

August 7, 2018 Ballot Proposals

August 7, 2018 Ballot Proposals August 7, 2018 Ballot Proposals City of Corunna PUBLIC TRANSPORTATION MILLAGE 0.3333 MILL FOR FUNDING OF THE PUBLIC TRANSPORTATION SERVICES IN THE CITY OF CORUNNA Shall a 0.3333 mill ($0.3333 per $1,000

More information

VOTER: PLEASE DO NOT REMOVE STUB IF STUB DETACHES, PLEASE RETURN WITH BALLOT

VOTER: PLEASE DO NOT REMOVE STUB IF STUB DETACHES, PLEASE RETURN WITH BALLOT VOTER: PLEASE DO T REMOVE STUB Fairgrove Township, Precinct 1 13 2 AKRON-FAIRGROVE SCHOOLS BONDING PROPOSAL Shall Akron-Fairgrove Schools,, borrow the sum of not to exceed Three Million One Hundred Thousand

More information

Berrien County Michigan

Berrien County Michigan Berrien County Michigan August 7, 2018 OFFICIAL Proposal List CITY PROPOSAL SECTION CITY OF COLOMA In support of the continued operation of the North Berrien Historical Society, shall the expired and previous

More information

Berrien County Michigan

Berrien County Michigan Berrien County Michigan November 6, 2018 OFFICIAL Proposal List STATE PROPOSAL SECTION PROPOSAL 18-1 A proposed initiated law to authorize and legalize possession, use and cultivation of marijuana products

More information

MSU EXTENTION PROPOSITION Proposition for Shiawassee County Millage to Fund Michigan State University Extension

MSU EXTENTION PROPOSITION Proposition for Shiawassee County Millage to Fund Michigan State University Extension COUNTY MSU EXTENTION PROPOSITION Proposition for Shiawassee County Millage to Fund Michigan State University Extension For the purpose of funding MSU Extension services in Shiawassee County, and to levy

More information

Updated 5/17/2018 8:30 AM Oakland County Official Proposal List August 7, 2018 Primary Election

Updated 5/17/2018 8:30 AM Oakland County Official Proposal List August 7, 2018 Primary Election Oakland County Official Proposal List August 7, 2018 Primary Election Proposal Section Authority Oakland County Public Transportation Millage Renewal If approved, this proposal will renew and increase

More information

MACOMB COUNTY PUBLIC TRANSPORTATION MILLAGE

MACOMB COUNTY PUBLIC TRANSPORTATION MILLAGE MACOMB COUNTY MACOMB COUNTY PUBLIC TRANSPORTATION MILLAGE If approved, this proposal will renew and increase the.9926 formerly authorized, to 1.0 mills for the years 2018 through 2021, and allow continued

More information

Charter Amendment Proposal 18-2 Proposed amendment to Clawson City Charter deletion of Chapter 17 (Justice Court)

Charter Amendment Proposal 18-2 Proposed amendment to Clawson City Charter deletion of Chapter 17 (Justice Court) Oakland County Official Proposal List November 6, 2018 General Election Proposal Section Berkley City Charter Amendment for Capital Improvement Project Millage Shall Section 9.4 of the Charter of the City

More information

LOCAL PROPOSALS on NOV 6 BALLOT

LOCAL PROPOSALS on NOV 6 BALLOT Kalamazoo County LOCAL PROPOSALS on NOV 6 BALLOT CITY OF GALESBURG AUTHORIZATION AND LEVY OF MILLAGE FOR FIREFIGHTING APPARATUS Shall the Galesburg City Council be authorized to levy 1 mill above constitutional

More information

Little Known Avenues for Funding Technology

Little Known Avenues for Funding Technology Little Known Avenues for Funding Technology Courtney James Business Development Executive Kathleen Hamilton Chief Financial Officer RJ Naughton Director Agenda ST. JOSEPH PUBLIC SCHOOLS LOCAL LOOK FUNDING

More information

May 4, 2010 Ballot Proposals 1 POLICE AND FIRE PROTECTION SPECIAL ASSESSMENT

May 4, 2010 Ballot Proposals 1 POLICE AND FIRE PROTECTION SPECIAL ASSESSMENT May 4, 2010 Ballot Proposals 1 GENESEE TOWNSHIP POLICE AND FIRE PROTECTION SPECIAL ASSESSMENT Should the Charter Township of Genesee create a township wide Special Assessment District Number 1 consisting

More information

BALLOT PROPOSALS FOR AUGUST 7, 2018 PRIMARY ELECTION

BALLOT PROPOSALS FOR AUGUST 7, 2018 PRIMARY ELECTION BALLOT PROPOSALS FOR AUGUST 7, 2018 PRIMARY ELECTION County of Sanilac: RENEWAL OF SANILAC COUNTY DRUG TASK FORCE MILLAGE To provide continued funding for the Drug Task Force under the supervision of the

More information

- Impose a 10-ounce limit for marijuana kept at residences and require amounts over 2.5 ounces be secured in locked containers.

- Impose a 10-ounce limit for marijuana kept at residences and require amounts over 2.5 ounces be secured in locked containers. Oakland County Official Proposal List November 6, 2018 General Election Proposal Section State of Michigan Proposal 18-1 A proposed initiated law to authorize and legalize possession, use and cultivation

More information

AUGUST 2, 2016 PRIMARY ELECTION BALLOT PROPOSALS BRIGHTON AREA FIRE AUTHORITY FIRE MILLAGE PROPOSAL

AUGUST 2, 2016 PRIMARY ELECTION BALLOT PROPOSALS BRIGHTON AREA FIRE AUTHORITY FIRE MILLAGE PROPOSAL Page 1 of 6 AUGUST 2, 2016 PRIMARY ELECTION BALLOT PROPOSALS BRIGHTON AREA FIRE AUTHORITY FIRE MILLAGE PROPOSAL Shall the limitation on the amount of taxes, which may be levied against all property in

More information

WHEREAS, the Project is in accordance with and in furtherance of the provisions of the City Bond Act, the REDA Act and the Bank Act; and

WHEREAS, the Project is in accordance with and in furtherance of the provisions of the City Bond Act, the REDA Act and the Bank Act; and There came on for consideration the matter of providing financing for certain capital improvements for the City of Oxford, Mississippi, and after a discussion of the subject matter, Alderman offered and

More information

General Fund Appropriation Resolution for Adoption By The Board of Education of White Pigeon Community Schools

General Fund Appropriation Resolution for Adoption By The Board of Education of White Pigeon Community Schools General Fund Appropriation Resolution for Adoption By The Resolved, that the General Fund Budget for White Pigeon Community Schools for the fiscal year 2016-2017 be adopted as follows. ACCOUNT 2014-2015

More information

General Fund Appropriation Resolution for Adoption By The Board of Education of White Pigeon Community Schools

General Fund Appropriation Resolution for Adoption By The Board of Education of White Pigeon Community Schools General Fund Appropriation Resolution for Adoption By The Resolved, that the General Fund Budget for White Pigeon Community Schools for the fiscal year 2016-2017 be revised as follows. ACCOUNT 2015-2016

More information

Two Ballot Proposals. August 8, 2017

Two Ballot Proposals. August 8, 2017 Two Ballot Proposals August 8, 2017 Per-Pupil Foundation Allowance Ten-Year History for Schools* Per-Pupil Foundation Allowance Ten-Year History for Schools* FYs 2007-08 through 2016-17 FY2008 FY2009 FY2010

More information

Building and Site Sinking Fund Millage. Election Date: November 7th 2017

Building and Site Sinking Fund Millage. Election Date: November 7th 2017 Building and Site Sinking Fund Millage Election Date: November 7th 2017 How do Districts Fund Facilities and Technology Needs? General Fund - Use current operating dollars. These are limited to the amount

More information

OFFICIAL LIST OF PROPOSALS 11/04/ STATE GENERAL EATON COUNTY

OFFICIAL LIST OF PROPOSALS 11/04/ STATE GENERAL EATON COUNTY Page 1 STATE PROPOSALS PROPOSAL 14-1 A REFERENDUM OF PUBLIC ACT 520 OF 2012, ESTABLISHING A HUNTING SEASON FOR WOLVES AND AUTHORIZING ANNUAL WOLF HUNTING SEASONS Public Act 520 of 2012 would: Designate

More information

Altmar Parish Williamstown CSD Proposed Operating Budget

Altmar Parish Williamstown CSD Proposed Operating Budget Altmar Parish Williamstown CSD 2018-2019 Proposed Operating Budget Staffing Changes Budget/Decisions- Staffing 2018-2019 In reviewing all district staffing positions for inclusion in the 2018-2019 budget,

More information

November 7, 2017 Sinking Fund Election FREQUENTLY ASKED QUESTIONS

November 7, 2017 Sinking Fund Election FREQUENTLY ASKED QUESTIONS November 7, 2017 Sinking Fund Election FREQUENTLY ASKED QUESTIONS HISTORY AND FEATURES 1. What school proposal will appear on the November 7, 2017 ballot? On the November 7, 2017 ballot, voters in Troy

More information

Williamston Community Schools Williamston, Michigan FINANCIAL STATEMENTS. June 30, 2017

Williamston Community Schools Williamston, Michigan FINANCIAL STATEMENTS. June 30, 2017 Williamston, Michigan FINANCIAL STATEMENTS TABLE OF CONTENTS Page INDEPENDENT AUDITOR S REPORT ADMINISTRATION S DISCUSSION AND ANALYSIS i-ii iii-x BASIC FINANCIAL STATEMENTS District-wide Financial Statements:

More information

Debt Service Report. Charter Township of South Haven /31/2018

Debt Service Report. Charter Township of South Haven /31/2018 1995 and 1997 Water and Sewer Contracts 1995 thru 1997 $848,405 2018 $ 8,107 $ 546 $ 8,653 2019 $ $ $ - 2020 $ $ $ - 2021 $ $ $ - 2022 $ $ $ - 2023 $ $ $ - 2024 $ $ $ - Totals $ 8,107 $ 546 $ 8,653 Water

More information

OFFICIAL LIST OF PROPOSALS 08/07/ STATE PRIMARY INGHAM COUNTY

OFFICIAL LIST OF PROPOSALS 08/07/ STATE PRIMARY INGHAM COUNTY Page 1 PROPOSALS JUVENILE MILLAGE RENEWAL QUESTION JUVENILE MILLAGE RENEWAL QUESTION For the purpose of funding the continuing operation and enhancement of Ingham County s capacity to detain and house

More information

November 8, Proposals

November 8, Proposals 1 of 5 November 8, 2016 - Proposals WASHTENAW COUNTY - 2 PROPOSALS PROPOSITION TO AUTHORIZE THE LEVYING OF.50 MILLS TO PROVIDE FUNDING TO MAINTAIN, RECONSTRUCT, RESURFACE, OR PRESERVE ROADS, BIKE LANES,

More information

This chapter is known and may be cited as the "South Carolina Textiles Communities Revitalization Act".

This chapter is known and may be cited as the South Carolina Textiles Communities Revitalization Act. Title 12 - Taxation CHAPTER 65. SOUTH CAROLINA TEXTILES COMMUNITIES REVITALIZATION ACT SECTION 12-65-10. Title of Act; purpose. This chapter is known and may be cited as the "South Carolina Textiles Communities

More information

STATE PROPOSALS. Proposal 18-1

STATE PROPOSALS. Proposal 18-1 STATE PROPOSALS Proposal 18-1 A proposed initiated law to authorize and legalize possession, use and cultivation of marijuana products by individuals who are at least 21 years of age and older, and commercial

More information

Addison Community Schools. Report on Financial Statements (with required supplementary and additional information) Year Ended June 30, 2015

Addison Community Schools. Report on Financial Statements (with required supplementary and additional information) Year Ended June 30, 2015 Report on Financial Statements (with required supplementary and additional information) Year Ended Table of Contents PAGE Independent Auditor's Report 1 2 Management s Discussion and Analysis 3 9 Basic

More information

As Engrossed: H2/10/03. For An Act To Be Entitled

As Engrossed: H2/10/03. For An Act To Be Entitled Stricken language would be deleted from and underlined language would be added to the law as it existed prior to this session of the General Assembly. 0 0 0 State of Arkansas As Engrossed: H/0/0 th General

More information

Budget Hearing June 20, 2016

Budget Hearing June 20, 2016 2016-2017 Budget Hearing June 20, 2016 GF 2016/17 Assumptions Pupil Count of 2,924 (blended 2015/16) Foundation Grant of $7,517 ($120 increase unsigned by Governor) MPSERS rate of 24.94% (

More information

Addison Community Schools

Addison Community Schools Report on Financial Statements (with required supplementary and additional supplementary information) Year Ended Table of Contents Page Independent Auditor's Report 1 3 Management s Discussion and Analysis

More information

NEW ISSUE Book Entry Only RATINGS *: Moody s: Aa3 Standard & Poor s: AA- MICHIGAN SCHOOL BOND QUALIFICATION AND LOAN PROGRAM QUALIFIED*

NEW ISSUE Book Entry Only RATINGS *: Moody s: Aa3 Standard & Poor s: AA- MICHIGAN SCHOOL BOND QUALIFICATION AND LOAN PROGRAM QUALIFIED* NEW ISSUE Book Entry Only RATINGS *: Moody s: Aa3 Standard & Poor s: AA- MICHIGAN SCHOOL BOND QUALIFICATION AND LOAN PROGRAM QUALIFIED* In the opinion of Thrun Law Firm, P.C., Bond Counsel, (i) interest

More information

(Base CUSIP : ) SERIES A BONDS Due: May 1 and November 1 as shown below. Interest Rate Price CUSIP Maturity Amount

(Base CUSIP : ) SERIES A BONDS Due: May 1 and November 1 as shown below. Interest Rate Price CUSIP Maturity Amount NEW ISSUE Book-Entry-Only RATING *: Moody s Investors Service: Aa2 Michigan School Bond Qualification and Loan Program In the opinion of Miller, Canfield, Paddock and Stone, P.L.C., Detroit, Michigan,

More information

Non-Profit Incentive Act of 2005 (Act 1277 of 2005 as amended) Rules and Regulations. I. Introduction. Definitions

Non-Profit Incentive Act of 2005 (Act 1277 of 2005 as amended) Rules and Regulations. I. Introduction. Definitions Non-Profit Incentive Act of 2005 (Act 1277 of 2005 as amended) Rules and Regulations I. Introduction The primary purpose of the Non-Profit Incentive Program is to encourage the location or expansion of

More information

PERSONAL PROPERTY TAX REIMBURSEMENTS UPDATE

PERSONAL PROPERTY TAX REIMBURSEMENTS UPDATE PERSONAL PROPERTY TAX REIMBURSEMENTS UPDATE PRESENTERS: HOWARD HEIDEMAN, CARRIE KOLKA, AND ANDREW LOCKWOOD, MICHIGAN DEPARTMENT OF TREASURY PERSONAL PROPERTY TAX LEGISLATION In 2012, legislation was passed

More information

Chapter 13 FISCAL MANAGEMENT. Article 1. Fiscal Management

Chapter 13 FISCAL MANAGEMENT. Article 1. Fiscal Management Chapter 13 FISCAL MANAGEMENT Article 1. Fiscal Management 13-101 FISCAL MANAGEMENT; GENERAL FUND. All money not specifically appropriated in the annual appropriation bill shall be deposited in and known

More information

Saugatuck Public Schools. Year Ended June 30, Financial Statements

Saugatuck Public Schools. Year Ended June 30, Financial Statements Saugatuck Public Schools Year Ended June 30, 2016 Financial Statements Table of Contents Independent Auditors Report 1 Management s Discussion and Analysis 5 Basic Financial Statements Government-wide

More information

IC Chapter Guaranteed Savings Contracts; Energy Efficiency Programs Used by School Corporations

IC Chapter Guaranteed Savings Contracts; Energy Efficiency Programs Used by School Corporations IC 36-1-12.5 Chapter 12.5. Guaranteed Savings Contracts; Energy Efficiency Programs Used by School Corporations IC 36-1-12.5-0.5 "Actual savings" defined Sec. 0.5. As used in this chapter, "actual savings"

More information

AN ACT. Be it enacted by the General Assembly of the State of Ohio:

AN ACT. Be it enacted by the General Assembly of the State of Ohio: (131st General Assembly) (Amended Substitute House Bill Number 233) AN ACT To amend sections 133.04, 133.06, 149.311, 709.024, 709.19, 3317.021, 4582.56, 5501.311, 5709.12, 5709.121, 5709.82, 5709.83,

More information

IC Chapter 31. Professional Sports Development Area in County Containing a Consolidated City

IC Chapter 31. Professional Sports Development Area in County Containing a Consolidated City IC 36-7-31 Chapter 31. Professional Sports Development Area in County Containing a Consolidated City IC 36-7-31-1 Applicability of chapter Sec. 1. This chapter applies only to a county having a consolidated

More information

UNOFFICIAL LIST OF PROPOSALS 11/04/ STATE GENERAL INGHAM COUNTY

UNOFFICIAL LIST OF PROPOSALS 11/04/ STATE GENERAL INGHAM COUNTY Page 1 STATE PROPOSALS PROPOSAL 14-1 A REFERENDUM OF PUBLIC ACT 520 OF 2012, ESTABLISHING A HUNTING SEASON FOR WOLVES AND AUTHORIZING ANNUAL WOLF HUNTING SEASONS Public Act 520 of 2012 would: Designate

More information

PROPOSALS August 2, 2016 Election

PROPOSALS August 2, 2016 Election PROPOSALS August 2, 2016 Election COUNTY PROPOSITION FOR SHIAWASSEE COUNTY MILLAGE TO FUND MICHIGAN STATE UNIVERSITY EXTENSION AND 4-H For the purpose of funding MSU Extension services in Shiawassee County,

More information

Principal Due: May 1 of each year as shown below MATURITY SCHEDULE (Base CUSIP : ) Baird

Principal Due: May 1 of each year as shown below MATURITY SCHEDULE (Base CUSIP : ) Baird NEW ISSUE Book-Entry-Only Ratings ¹ : Standard & Poor s: AA-/A+ TAX STATUS: In the opinion of Thrun Law Firm, P.C., Bond Counsel, assuming continued compliance by the School District with certain requirements

More information

IC Chapter 8. Distressed Roads

IC Chapter 8. Distressed Roads IC 8-14-8 Chapter 8. Distressed Roads IC 8-14-8-1 Purpose Sec. 1. The intent of this chapter is to create a method of providing financial assistance to counties, cities, and towns (referred to as "units"

More information

Van Buren Public Schools Audited Financial Statements June 30, Prepared by Taylor & Morgan, P.C.

Van Buren Public Schools Audited Financial Statements June 30, Prepared by Taylor & Morgan, P.C. Van Buren Public Schools Audited Financial Statements June 30, 2018 Prepared by Taylor & Morgan, P.C. 2302 Stonebridge Drive, Bldg. D Flint, MI 48532 810.230.8200 3150 Livernois Road, Suite 150 Troy, MI

More information

Revenue Source Descriptions

Revenue Source Descriptions Primary Government Property Taxes Revenue Source Descriptions Property Taxes are levied against the assessed taxable valuation of real and personal property in the County. The tax rates are expressed in

More information

Revenue Options. February 22, *Some slides taken from the Michigan Department of Treasury

Revenue Options. February 22, *Some slides taken from the Michigan Department of Treasury Revenue Options February 22, 2018 *Some slides taken from the Michigan Department of Treasury All of the reductions we are recommending are difficult choices and reflect many of the services and amenities

More information

Fund Descriptions. 1. General Fund (1xx) Accounts for revenue and expenses associated with the general operations of the District.

Fund Descriptions. 1. General Fund (1xx) Accounts for revenue and expenses associated with the general operations of the District. Fund Descriptions 1. General Fund (1xx) Accounts for revenue and expenses associated with the general operations of the District. 2. Debt Retirement Funds (3xx) Accounts for revenue and expenses associated

More information

Van Buren Public Schools Audited Financial Statements June 30, Prepared by Taylor & Morgan, P.C.

Van Buren Public Schools Audited Financial Statements June 30, Prepared by Taylor & Morgan, P.C. Van Buren Public Schools Audited Financial Statements June 30, 2017 Prepared by Taylor & Morgan, P.C. 2302 Stonebridge Drive, Bldg. D Flint, MI 48532 810.230.8200 3150 Livernois Road, Suite 150 Troy, MI

More information

PUBLIC SCHOOLS OF PETOSKEY

PUBLIC SCHOOLS OF PETOSKEY "A Special Place for Everyone" ANNUAL BUDGET Fiscal Year 20062007 1130 Howard Street Petoskey, Michigan 49770 Phone: 2313482100 Fax: 2313482342 NOTICE OF A PUBLIC HEARING ON PROPOSED 20062007 BUDGET PLEASE

More information

IC Chapter 11. Industrial Recovery Tax Credit

IC Chapter 11. Industrial Recovery Tax Credit IC 6-3.1-11 Chapter 11. Industrial Recovery Tax Credit IC 6-3.1-11-1 "Applicable percentage" Sec. 1. As used in this chapter, "applicable percentage" means the percentage determined as follows: (1) If

More information

DEC ? #93-Final RECEIVED

DEC ? #93-Final RECEIVED 2017-2018 #93-Final RECEIVED DEC 2 2201? Be it Enacted by the People of the State of Colorado: Colorado Secretary of State SECTION 1. In the constitution of the state of Colorado, section 17 of article

More information

License Agreement for Special Use of Park Facilities

License Agreement for Special Use of Park Facilities Page 1 of 4 5045 Stanley Road Flint, Michigan 48506 800-648-PARK or 810-736-7100 GeneseeCountyParks.org License Agreement for Special Use of Park Facilities The hereby agrees to license the following facilities

More information

$13,440,000. The date of this Official Statement is July 28, 2003.

$13,440,000. The date of this Official Statement is July 28, 2003. NEW ISSUE Book-Entry-Only RATINGS * : Moody s Investors Service: Aaa Standard & Poor s Ratings Services: AAA In the opinion of Thrun, Maatsch and Nordberg, P.C., Bond Counsel, under existing law (i) the

More information

Ohio s Property Tax Ad Valorem Since 1825

Ohio s Property Tax Ad Valorem Since 1825 Sample Property Tax Bill Ohio s Property Tax Ad Valorem Since 1825 Lawrence Hartlaub, Ottawa County Auditor 1 Two Types of Valuation Tax Bill Market Value (MV): Sales price is best definition of value

More information

Baldwin County Millage Rate Public Hearing

Baldwin County Millage Rate Public Hearing Baldwin County 2017 Millage Rate Public Hearing July 15, 2017 August 17, 2017 DIGEST July 15th - Date for completion of revision and assessment of returns; submission of completed digest to Tax Commissioner.

More information

Livonia Public Schools. Financial Report with Supplemental Information June 30, 2012

Livonia Public Schools. Financial Report with Supplemental Information June 30, 2012 Financial Report with Supplemental Information June 30, 2012 Contents Independent Auditor's Report 1-2 Management's Discussion and Analysis 3-11 Basic Financial Statements Government-wide Financial Statements:

More information

Polk County School Board, FL

Polk County School Board, FL Polk County School Board, FL 1 Refunding Certificates of Participation (School Board of Polk County, Florida Master Lease Program), Evidencing Fractional Undivided Interests of the Owners thereof in Basic

More information

Stutsman County 2019 Budget Presentation

Stutsman County 2019 Budget Presentation Stutsman County 2019 Budget Presentation Budget Challenges State Funding of Social Services Maintaining services with decreased access to funding Continued loss of oil impact money and decreased highway

More information

Board of Education Public Hearing Budget Update

Board of Education Public Hearing Budget Update Board of Education Budget Update June 21, 2012 2012 Millage Rate Summary Tax Base Purpose # of Mills Non Homestead General Operating 18.0000 Commercial Personal Property Homestead & Qualified Agricultural

More information

1355 Southfield Rd. Lincoln Park, MI The City of Lincoln Park is accepting sealed bids for Ambulance Services for our citizens.

1355 Southfield Rd. Lincoln Park, MI The City of Lincoln Park is accepting sealed bids for Ambulance Services for our citizens. City of Lincoln Park 1355 Southfield Rd. Lincoln Park, MI 48146 INVITATION FOR PROPOSALS The City of Lincoln Park is accepting sealed bids for Ambulance Services for our citizens. Sealed bids must be returned

More information

Livonia Public Schools. Financial Report with Supplemental Information June 30, 2013

Livonia Public Schools. Financial Report with Supplemental Information June 30, 2013 Financial Report with Supplemental Information June 30, 2013 Contents Independent Auditor's Report 1-2 Management's Discussion and Analysis 3-12 Basic Financial Statements Government-wide Financial Statements:

More information

TOWN OF WINDSOR RESOLUTION NO

TOWN OF WINDSOR RESOLUTION NO TOWN OF WINDSOR RESOLUTION NO. 2014-51 A RESOLUTION OF THE TOWN OF WINDSOR REFERRING TO THE VOTERS A MEASURE UNDER WHICH THE TOWN'S SALES AND USE TAX RATE WILL BE INCREASED BY SEVENTY-FIVE ONE-HUNDREDTHS

More information

Hutchinson, Shockey, Erley & Co.

Hutchinson, Shockey, Erley & Co. NEW ISSUE Ratings ¹ : Moody s:aa2/aa2 Book-Entry-Only TAX STATUS: In the opinion of Thrun Law Firm, P.C., Bond Counsel, assuming continued compliance by the School District with certain requirements of

More information

IC Chapter 14. Miscellaneous Provisions

IC Chapter 14. Miscellaneous Provisions IC 5-1-14 Chapter 14. Miscellaneous Provisions IC 5-1-14-1 Bonds, notes, or warrants not subject to maximum interest rate limitations Sec. 1. (a) Any bonds, notes, or warrants, whether payable from property

More information

Hernando County School Board, FL

Hernando County School Board, FL Hernando County School Board, FL 1 Refunding Certificates of Participation (School Board of Hernando County, Florida Master Lease Program), Evidencing Fractional Undivided Interests of Owners thereof in

More information

Budget Hearing May 15, 2017

Budget Hearing May 15, 2017 2017-2018 Budget Hearing May 15, 2017 1 GF 2017-2018 Assumptions Pupil Count of 2,991 (blended 2016/17) Foundation Grant of $7,617 ($100 increase proposed) At Risk Funding - $100,000 (increase proposed

More information

GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2013

GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2013 GENERAL ASSEMBLY OF NORTH CAROLINA SESSION H D HOUSE BILL PROPOSED COMMITTEE SUBSTITUTE H-CSRBx- [v.] // ::00 PM Short Title: Tax Simplification and Reduction Act. (Public) Sponsors: Referred to: April,

More information

Peer District Bond Program Analysis March 2016

Peer District Bond Program Analysis March 2016 1 Peer District Bond Program Analysis March 2016 School District Name (Year Bond Passed) Bond Program Costs # of Students Educational Square Feet Bloomfield Hills Schools (2013)* $78,000,000 1,732 317,687

More information

Legislative Information - LBDC

Legislative Information - LBDC Page 1 of 9 PART A Section 1. Paragraph (a) of subdivision 6 of section 425 of the real property tax law, as amended by chapter 6 of the laws of 2010, and as further amended by subdivision (b) of section

More information

PASCO COUNTY SCHOOLS, FLORIDA

PASCO COUNTY SCHOOLS, FLORIDA PASCO COUNTY SCHOOLS, FLORIDA Series 2013, 2013A, 2009, 2008C, 2007A, 2007, 2005A,B, 2004A, 2003 Summary of Statistical Data Seven- History Net Current Number of Expenditure Per Number of Instructional

More information

Martin Public Schools

Martin Public Schools Martin Public Schools Request for Proposals For Lawn Mowing Services Issue Date May 3, 2018 -- 1 -- Martin Public Schools, (MPS) is desirous of receiving services for Lawn Mowing Services. The purpose

More information

LAKE ORION COMMUNITY SCHOOLS

LAKE ORION COMMUNITY SCHOOLS LAKE ORION COMMUNITY SCHOOLS BUDGET AMENDMENT #2 FISCAL YEAR 2016-17 Effective June 28, 2017 LAKE ORION COMMUNITY SCHOOLS Amendment #2 - Fiscal Year 2016-17 EXECUTIVE SUMMARY (As Presented By Fund) FUNDING

More information

THE TAX INCREMENT FINANCE AUTHORITY ACT Act 450 of The People of the State of Michigan enact:

THE TAX INCREMENT FINANCE AUTHORITY ACT Act 450 of The People of the State of Michigan enact: THE TAX INCREMENT FINANCE AUTHORITY ACT Act 450 of 1980 AN ACT to prevent urban deterioration and encourage economic development and activity and to encourage neighborhood revitalization and historic preservation;

More information

CTAS e-li. Published on e-li ( October 12, 2018 Petroleum Products Taxes

CTAS e-li. Published on e-li (  October 12, 2018 Petroleum Products Taxes Published on e-li (http://eli.ctas.tennessee.edu) October 12, 2018 Petroleum Products Taxes Dear Reader: The following document was created from the CTAS electronic library known as e-li. This online library

More information

Amount of capital and/or surplus required; impairment of capital or surplus.

Amount of capital and/or surplus required; impairment of capital or surplus. 58-7-75. Amount of capital and/or surplus required; impairment of capital or surplus. The amount of capital and/or surplus requisite to the formation and organization of companies under the provisions

More information

B. CONSIDERATION: Budget Appropriations Resolution

B. CONSIDERATION: Budget Appropriations Resolution 9. BUSINESS 9.B. 6-20-17 B. CONSIDERATION: 2017-2018 Budget Appropriations Resolution Attached is the Appropriations Resolution for the 2017-18 fiscal year. It covers the General Fund, Special Revenue

More information

Hillsborough County Schools, FL

Hillsborough County Schools, FL Hillsborough County Schools, FL Refunding Certificates of Participation (School Board of Hillsborough County, Florida Master Lease Program), Evidencing an Undivided Proportionate Interest of Owners thereof

More information

NORTH BABYLON UFSD BUDGET HEARING. May 9, 2017

NORTH BABYLON UFSD BUDGET HEARING. May 9, 2017 NORTH BABYLON UFSD 2017 2018 BUDGET HEARING May 9, 2017 2017 2018 REVENUE BREAKDOWN STATE AID $47,210,092 40.5% OTHER/RESERVES FUND BALANCE $64,818,669 55.7% TAX LEVY $3,000,000 $1,414,367 1.2% 2.6% 2017

More information

The Basics of School Funding. Kathryn Summers, Associate Director Senate Fiscal Agency July 2015

The Basics of School Funding. Kathryn Summers, Associate Director Senate Fiscal Agency  July 2015 The Basics of School Funding Kathryn Summers, Associate Director Senate Fiscal Agency www.senate.michigan.gov/sfa July 2015 School Finance How are Local School Districts Financed? Three Primary Sources

More information

EXHIBIT C GUARANTEED MAXIMUM PRICE TO THE CONTINUING CONTRACT FOR CONSTRUCTION MANAGEMENT SERVICES/RFQ #14-Q-009-KR BY AND BETWEEN

EXHIBIT C GUARANTEED MAXIMUM PRICE TO THE CONTINUING CONTRACT FOR CONSTRUCTION MANAGEMENT SERVICES/RFQ #14-Q-009-KR BY AND BETWEEN EXHIBIT C GUARANTEED MAXIMUM PRICE TO THE CONTINUING CONTRACT FOR CONSTRUCTION MANAGEMENT SERVICES/RFQ #14-Q-009-KR BY AND BETWEEN THE SCHOOL BOARD OF BREVARD COUNTY, FLORIDA 2700 Judge Fran Jamieson Way

More information

RESOLUTION FOR ADOPTION BY THE BOARD OF EDUCATION OF CASSOPOLIS PUBLIC SCHOOLS FINAL GENERAL FUND BUDGET

RESOLUTION FOR ADOPTION BY THE BOARD OF EDUCATION OF CASSOPOLIS PUBLIC SCHOOLS FINAL GENERAL FUND BUDGET 2017-2018 FINAL GENERAL FUND BUDGET fiscal year; a resolution to make appropriations; to provide for the expenditure of the appropriations; and to provide for the disposition of all revenue received by

More information

Stutsman County 2018 Budget Presentation

Stutsman County 2018 Budget Presentation Stutsman County 2018 Budget Presentation Budget Challenges State Funding of Social Services Maintaining services with decreased access to funding Continued loss of oil impact money and decreased highway

More information

Moody s: Aa2. Book-Entry-Only

Moody s: Aa2. Book-Entry-Only NEW ISSUE Ratings ¹*: Book-Entry-Only Moody s: Aa2 TAX STATUS: In the opinion of Thrun Law Firm, P.C., Bond Counsel, assuming continued compliance by the School District with certain requirements of the

More information

Public Schools of Petoskey ANNUAL BUDGET Fiscal Year Final

Public Schools of Petoskey ANNUAL BUDGET Fiscal Year Final Public Schools of Petoskey ANNUAL BUDGET Fiscal Year 2007-2008 Final 6-19-2008 "A Special Place for Everyone" 1130 Howard Street Petoskey, Michigan 49770 Phone: 231-348-2100 Fax: 231-348-2342 PETOSKEY,

More information

The property tax is the predominant method communities use to raise additional revenues in Ohio. The property tax comes in two forms:

The property tax is the predominant method communities use to raise additional revenues in Ohio. The property tax comes in two forms: INTRODUCTION The cost to educate young people across the state is significant and those costs continue to rise. More Ohio tax dollars are spent for primary and secondary education than for any other single

More information

Principal Due: May 1 of each year as shown below MATURITY SCHEDULE (Base CUSIP : ) BAIRD

Principal Due: May 1 of each year as shown below MATURITY SCHEDULE (Base CUSIP : ) BAIRD NEW ISSUE Ratings ¹ : Moody s:aa2 Book-Entry-Only TAX STATUS: In the opinion of Thrun Law Firm, P.C., Bond Counsel, assuming continued compliance by the School District with certain requirements of the

More information

IC Chapter 13. Economic Development for a Growing Economy Tax Credit

IC Chapter 13. Economic Development for a Growing Economy Tax Credit IC 6-3.1-13 Chapter 13. Economic Development for a Growing Economy Tax Credit IC 6-3.1-13-0.4 Legalization of actions taken by Indiana economic development corporation in administration of chapter after

More information

2018 Bond Proposal Information. Educating our students for the challenges of today and tomorrow

2018 Bond Proposal Information. Educating our students for the challenges of today and tomorrow 2018 Bond Proposal Information Educating our students for the challenges of today and tomorrow * School funding Before 1994 local elections set millage rates for property taxes to fund local school districts

More information

The Omnibus Property Tax Relief and Reform Act

The Omnibus Property Tax Relief and Reform Act The Omnibus Property Tax Relief and Reform Act As part his proposed Education, Labor, and Family Assistance Article VII budget bill (S-A/A1- A, Governor David A. Paterson has proposed repealing the Middle

More information

CHAPTER House Bill No. 5701

CHAPTER House Bill No. 5701 CHAPTER 2012-145 House Bill No. 5701 An act relating to taxation; amending s. 201.15, F.S.; requiring that deductions for the cost of collecting and enforcing the documentary stamp tax and for a specified

More information

Taxes: This 2019 Budget holds property and income taxes for city services at their current rates.

Taxes: This 2019 Budget holds property and income taxes for city services at their current rates. January 30, 2019 Dear Members of City Council: I present to you our 2019 Oakwood City Budget. This is my 17 th budget as your city manager. Many people assisted in the preparation of this document, most

More information

Yough School District, PA

Yough School District, PA Yough School District, PA 1 Yough School District, Westmoreland County, Pennsylvania General Obligation Bonds, Series of 2016, $6,630,000 Dated: April 5, 2016 NOR 2 Yough School District, Westmoreland

More information

Property Taxes: Revenue Impact and Taxable Value Updates. MSBO Annual Conference April 19, 2018

Property Taxes: Revenue Impact and Taxable Value Updates. MSBO Annual Conference April 19, 2018 Property Taxes: Revenue Impact and Taxable Value Updates MSBO Annual Conference April 19, 2018 1 State Aid Formula State Revenue = Foundation Allowance X Pupil Membership Local Revenue 2 State Aid Formula

More information

ISSUE SYNOPSIS SUMMIT COUNTY GENERAL ELECTION NOVEMBER 7, 2017

ISSUE SYNOPSIS SUMMIT COUNTY GENERAL ELECTION NOVEMBER 7, 2017 ISSUE ISSUE SYNOPSIS SUMMIT COUNTY GENERAL ELECTION NOVEMBER 7, 2017 90-DAY FILING DEADLINE WEDNESDAY, AUGUST 9, 2017 60-DAY FILING DEADLINE FRIDAY, SEPTEMBER 8, 2017 1. STATE ISSUE - https://www.sos.state.oh.us/globalassets/ballotboard/2017/2017-08-

More information

FIRST REGULAR SESSION SENATE BILL NO TH GENERAL ASSEMBLY INTRODUCED BY SENATOR SCHMITT. AN ACT

FIRST REGULAR SESSION SENATE BILL NO TH GENERAL ASSEMBLY INTRODUCED BY SENATOR SCHMITT. AN ACT FIRST REGULAR SESSION SENATE BILL NO. 279 96TH GENERAL ASSEMBLY INTRODUCED BY SENATOR SCHMITT. Read 1st time February 15, 2011, and ordered printed. 1406S.02I TERRY L. SPIELER, Secretary. AN ACT To repeal

More information