Non-Homestead Millage Renewal Information & Ballot Language
A non-homestead millage supports the school district’s general operating budget. The operating budget covers everything necessary to provide educational programs and services in Caro Community Schools.
The non-homestead renewal millage is NOT levied on primary residences (the home in which a homeowner lives); it only applies to businesses, second homes, vacant land, and rental property.
All school districts in Michigan must levy 18 mills on non-homestead property to receive their full foundation allowance.
How much revenue will the non-homestead renewal millage generate?
The non-homestead millage generates approximately $1,886,824.00 annually to the school district’s operating budget. This revenue makes up approximately nine percent (9%) of the school district’s operating budget.
What will happen if voters don't approve the non-homestead operating millage renewal?
All Michigan school districts are required to levy 18 mills on non-homestead property to receive their full share of State Aid (foundation allowance). If the non-homestead millage is not renewed, Caro Community Schools will have a budget shortfall of over $1.8 million annually.
What is the exact language of the non-homestead operating millage renewal proposal?
Here is the exact ballot wording for the non-homestead millage renewal proposal:
Caro Community Schools Operating Millage Renewal 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 by law, required for the school district to receive its revenue per pupal foundation allowance and renews millage that will expire with the 2024 tax levy.
Shall the currently authorized millage rate limitation of 17.9928 mills ($17.9928 on each $1,000 of taxable valuation) on th amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Caro Community Schools, Tuscola County, Michigan, be renewed for a period of 6 years, 2025 to 2030, inclusive, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and levied in 2025 is approximately $1,886,824 (this is a renewal of millage that will expire with the 2024 tax levy)?