Waterford School District seeks non-homstead millage renewal
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Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Posted: 10/23/2012
WATERFORD, Mich. (WXYZ) - The Waterford Public School District is counting on voters to approve a non-homestead millage renewal on the November 6 ballot.
Officials say the proposal will not affect the property taxes on primary homes.
The non-homestead tax applies to industrial and commercial property as well as some agricultural property and second homes.
Voters have approved the 18-mill tax two times since 1994. The current levy expires next year.
The district says money generated from the millage adds up to about $12 million a year for Waterford schools.
The millage is tied to state aid and the district stands to lose a lot of money if the proposal is not approved. Officials say failure would mean a cut in funding from the current $7,175 to $6,000 per student.
The district says that kind of loss would put instructional and support programs in jeopardy of elimination.
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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