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11-17 Lakeshore School District (Berrien) 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. The remaining 5.0012 mills are only available to be levied to restore millage lost as a reduction required by the “Headlee” amendment to the Michigan Constitution of 1963 and will only be levied to the extent necessary to restore any future reduction.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 Lakeshore Public Schools, Berrien County, Michigan, be increased by 23.0012 mills ($23.0012 on each $1,000 of taxable valuation) for a period of 20 years, 2018 to 2037, inclusive, 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 $3,676,690 (this is a renewal of millage that expired with the 2017 tax levy)?
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