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FARMINGTON PUBLIC SCHOOL DISTRICT NON-HOMESTEAD OPERATING MILLAGE PROPOSAL

NON-HOMESTEAD OPERATING MILLAGE PROPOSALThis authorization will (i) restore the authority of Farmington Public School District to levy 18.00 mills previously authorized and levied for general operating purposes on non-homestead taxable property (comprised primarily of business, commercial, and rental property) which has been reduced by 0.1548 mill by application of the Headlee Amendment, and (ii) increase the prior authority by 1 mill in the event of future Headlee rollbacks of the same amount. This authority, combined with other unexpired authorizations, would allow the School District to receive revenues at the full foundation allowance permitted by the State. Shall the limitation on the amount of taxes which may be imposed on taxable non-homestead property in the Farmington Public School District, County of Oakland, State of Michigan, be increased by 1.1548 mills ($1.1548 on each $1,000 of taxable value) for nine (9) years, the years 2017 to 2025, inclusive, to provide funds for operating expenses? This millage would raise an estimated $170,000 for the school district in the first year that it is levied.
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