Otsego County Library Millage Proposition
Library Millage PropositionThis millage will allow Otsego County to levy 0.40 mills ($0.40 per $1,000.00 of taxable value) to provide funds for the operation and maintenance of the Otsego County Library.Shall the previously authorized tax limitation in Otsego County, Michigan, be increased by 0.40 mills ($0.40 per $1,000.00 of taxable value) for a period of six (6) years, 2027 through 2032 inclusive, for the purpose of providing funds to operate and maintain the Otsego County Library, including employing individuals to carry out the functions of the County library, and providing library services, materials, programs, technology, facilities, and related services?It is estimated that 0.40 mills would raise approximately $725,619 in the first year the millage is levied (2027).By law, the City of Gaylord Downtown Development Authority (DDA) may capture a portion of the County's millage revenue generated from properties located within the DDA district to the extent provided in its tax increment financing plan and any applicable statutory exemptions or optout provisions.
