MI AC Lake Michigan College Charter Millage Renewal Proposition for Operating and General Purposes
This proposition is to renew a charter millage for community college operating and general purposes which will expire with the 2026 tax levy.Shall the previously voted charter tax rate limitation on the amount of taxes imposed upon all taxable property within the community college district boundaries of Lake Michigan College, Michigan, be renewed in the amount of .6655 mill ($0.6655 on each $1,000 of taxable valuation) for a period of twenty (20) years, 2027 through 2046, inclusive, to provide funds to be used for operating purposes and for all purposes authorized by law; if approved, the estimated revenue the millage would raise in 2027 is approximately $8,900,000 (this is a renewal of millage that will expire with the 2026 tax levy)?
