Grand Rapids Public Schools Sinking Fund Millage Proposal
Shall the limitation on the amount of taxes which may be assessed against all property within the school district of Grand Rapids Public Schools, Kent County, Michigan, be increased by and the board of education be authorized to levy a new additional millage of not to exceed 0.9500 mill ($0.95 per $1,000 of taxable valuation) for a period of ten (10) years, 2026 through 2035, inclusive, to create a sinking fund for the construction or repair of school buildings; for school security improvements; for the acquisition or upgrading of technology; for the acquisition of trucks and vans used to carry parts, equipment, and personnel for or in the maintenance of school buildings; for the acquisition of parts, supplies, and equipment used to maintain those trucks and vans; and for other purposes authorized by law (estimated to provide revenues of approximately $7,060,000 in 2026)?To the extent required by law, a portion of this millage may be captured by and retained by the City of Grand Rapids Brownfield Authority and the Grand Rapids SmartZone Local Development Finance Authority.
