South Redford School District Operating Millage Restoration Proposal
This proposal would, replace, restore and extend the authority of the School District to levy the statutory limit of 18 mills on all property, except principal residences and other property exempt by law, which currently expires with the School District’s 2024 and 2025 tax levies and allow the School District to continue to levy the statutory limit of 18 mills in the event of future Headlee rollbacks of up to 2.6138 mills. The authorization will allow the School District to receive revenues at the full per pupil foundation allowance permitted by the State.Shall the limitation on the total amount of taxes which may be assessed against all property, except principal residences and other property exempted by law, situated within the South Redford School District, County of Wayne, State of Michigan, be increased, in the amount of 20.6138 mills with 18 mills being the maximum allowable levy ($18.00 on each $1,000 of taxable valuation), for a period of ten (10) years, 2024 to 2033, inclusive with 17.4575 mills of the above 20.6138 mills being a replacement of authorized millage which will otherwise expire on December 31, 2024 and 0.5425 mills being a restoration of previously authorized millage lost as a result of the reduction required by the Michigan Constitution? This operating millage if approved and levied, would provide estimated revenues to the School District of $4,632,003 during the 2024 calendar year, to be used for general operating purposes.
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