MI AC Lake Michigan College Charter Millage Renewal and Reduction Proposition for Capital Purposes
This proposition is to renew and reduce a charter millage for community college capital purposes that will expire with the 2026 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 and reduced to the amount of 0.24 mill ($0.24 per $1,000 of taxable valuation) for a period of ten (10) years, 2027 to 2036, inclusive, for the purpose of safety and security improvements, energy efficiency upgrades, renovation of instructional spaces, instructional technology upgrades, and other capital improvements; if approved, the estimated revenue the millage would raise in 2027 is approximately $3,200,000 (this is a partial renewal of millage that will expire with the 2026 tax levy)?
