Pellston Public Schools Operating Millage 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 bylaw, required for the school district to receive its full revenue per pupil foundation allowance.Shall the limitation on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Pellston Public Schools, Emmet and Cheboygan Counties, Michigan, be increased by 19.4223 mills ($19.4223 on each $1,000 of taxable valuation) for a period of 8 years, 2027 to 2034, inclusive, to provide funds for operating purposes (18.9223 mills of the above is a renewal of millage that expired with the 2026 tax levy and .5 mills is additional millage which will be levied only to restore milage lost as a result of the reduction required by the Michigan Constitution of 1963); the estimate of the revenue the school district will collect if the millage I approved and 18 mills are levied in 2027 is approximately $4,576,118?
