City of Saginaw Proposal 1
Proposed City Charter Amendment to Section 45The present section limits the property tax rate to the lesser of 7.5 mills or that needed to yield the same revenue as was received in the 1978-1979 fiscal year ($3,828,778). It also provides for a temporary 3 mill additional tax for a declared emergency. The proposed amendment would eliminate the tax cap on the gross dollar amount of revenue that may be levied but otherwise maintains all other provisions, including the number of mills that may be levied. Shall this proposal be adopted?
