Non-Homestead Operating Millage Renewal Proposal - Roseville Community Schools

*This proposal will renew a prior operating millage authorization and will allow the Roseville Community Schools to continue to levy mills previously authorized and levied for general operating purposes on nonhomestead property (primarily industrial and commercial and rental property) at the statutory rate of 18 mills. The 18 mill levy is required for the School District to receive revenues at the full foundation allowance permitted by the State. Renewal of the authorization at 27.5509 mills will also reduce or eliminate the need to seek periodic approval during the term of the authorization from the electors for millage increases which would restore any operating millage authority reduced by application of the Headlee Amendment. Pursuant to State statute, the School District is only currently allowed to levy a maximum of 18 mills on nonhomestead property.* As a renewal of authority which expires with the 2019 tax levy, shall the limitation on the amount of taxes which may be imposed on taxable non-homestead property in the Roseville Community Schools, County of Macomb, State of Michigan, be increased by 27.5509 mills ($27.5509 on each $1,000 of taxable value) for twenty (20) years, the years 2020 to 2039, inclusive, to provide funds for operating expenses? This millage would raise an estimated $7,300,000 for the School District in the first year that it is levied.