MI OC Jamestown Charter Township Proposal No. 2 – Millage Renewal Proposition 1.5000 Mills for Road Improvement Purposes
Shall the previously voted increase in the Charter Township of Jamestown tax rate limitation, currently 1.4362 mills ($1.4362 per $1,000 of taxable value), be renewed and levied in the years 2027-2030, both inclusive, and shall an additional 0.0638 mill ($0.0638 per $1,000 of taxable value) be approved and levied to restore previous millage reductions under the “Headlee Amendment” since this millage was last approved, resulting in the levy of 1.5000 mills ($1.50 per $1,000 of taxable value), subject to reduction as provided by law, on taxable property in the Township?The purpose of this levy is to provide funds for the improvement of secondary roads situated in Jamestown Charter Township. It is estimated that a levy of 1.5000 mills would provide revenue of $1,163,377 in the first calendar year, of which $49,482 would result from the additional 0.0638 mill. The revenue from this millage levy will be disbursed to the Township.
