HOUGHTON-PORTAGE TOWNSHIP SCHOOL DISTRICT 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 and renews millage that will expire with the 2025 tax levy.Shall the currently authorized millage rate limitation of 17.1103 mills ($17.1103 on each $1,000 of taxable valuation) on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Houghton-Portage Township School District, Houghton County, Michigan, be renewed for a period of 5 years, 2026 to 2030, inclusive, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and levied in 2026 is approximately $2,500,000 (this is a renewal of millage that will expire with the 2025 tax levy)?
