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 pupil foundation allowance. The remaining .5 mill is only available to be levied to restore millage lost as a result of a reduction required by the “Headlee” amendment to the Michigan Constitution of 1963, and will only be levied to the extent necessary to restore that reduction.
Shall the currently authorized millage rate limitation on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Ypsilanti Community Schools, Washtenaw County, Michigan, be renewed by 18 mills ($18.00 on each $1,000 of taxable valuation) and also be increased by .5 mill ($0.50 on each $1,000 of taxable valuation), for a period of 5 years, 2018 to 2022, inclusive, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and 18 mills are levied in 2018 is approximately $25,816,000 (18 mills of the above is a renewal of millage that will expire with the 2017 levy and .5 mill is an increase in millage which will only be levied to the extent necessary to restore millage lost as a result of a reduction required by the Michigan Constitution of 1963)?