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Shall the limitation on the amount of taxes which may
be assessed against all property in Mason Public Schools, Ingham County,
Michigan, be increased by and the board of education be authorized to
levy not to exceed 1 mill ($1.00 on each $1,000.00 on taxable valuation)
for a period of 10 years, 2007 to 2016, inclusive, to create a sinking
fund for the repair, remodeling, or construction of school buildings,
developing and improving sites, and all other purposes as authorized by
law; the estimate of the revenue the school district will collect if the
millage is approved and levied in 2007 is approximately $611,900? |