Atherton Community Schools Initiative
Atherton Schools Proposal Operating Millage Renewal Proposition Exempting Principal Residence and Other Homestead PropertyThis millage will allow the school district to continue to levy not more than the statutorily-reduced rate of 17.9172 mills, as may be further statutorily reduced, on all property except homestead property as required for the school district to continue to receive its full per pupil foundation allowance.Shall the statutorily-reduced 17.9172 mill limitation ($17.9172 on each $1,000 of taxable value)on the amount of taxes which may be assessed against all taxable property, except principal residence and other homestead property as defined by law, in Atherton Community Schools, County of Genesee, State of Michigan, be renewed for eight (8) years, calendar years 2021 to 2028, inclusive? It is estimated that the revenue the school district will collect if the millage is approved and 17.9172 mills are levied in the 2021 calendar year will be approximately $1,756,650 from the local taxes authorized in this proposal. Revenues will be disbursed to Atherton Community Schools for the purpose of providing funds for the operating expenses of the District.
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