Schoolcraft County
- $18.075 million bond proposal (with Luce, Mackinac, and Chippewa Counties) for Tahquamenon Area Schools for erecting, furnishing and equipping additions to, remodeling, furnishing and refurnishing and equipping and re-equipping a school building; acquiring and installing instructional technology and instructional technology equipment for a school building; and equipping, developing and improving a playground, driveways, parking areas and sites.
[The estimated millage that will be levied for the proposed bonds in 2016 is 3.25 mills ($3.25 on each $1,000 of taxable valuation). The maximum number of years the bonds may be outstanding, exclusive of any refunding, is twenty-six (26) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 3.46 mills ($3.46 on each $1,000 of taxable valuation).
The school district does not expect to borrow from the State to pay debt service on the bonds. The total amount of qualified bonds currently outstanding is $2,885,000. The total amount of qualified loans currently outstanding is $0. The estimated computed millage rate may change based on changes in certain circumstances.]
Yes: 297
No: 1,245
- $2.265 million bond proposal (with Luce, Mackinac, and Chippewa Counties) for erecting, furnishing and equipping a new athletic building; remodeling, furnishing and refurnishing and equipping and re-equipping an existing athletic building; and equipping, developing and improving athletic fields and facilities, a playground, driveways, parking areas and sites
[The estimated millage that will be levied for the proposed bonds in 2016 is 0.45 mill ($0.45 on each $1,000 of taxable valuation). The maximum number of years the bonds may be outstanding, exclusive of any refunding, is twenty-one (21) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 0.53 mill ($0.53 on each $1,000 of taxable valuation).
The school district does not expect to borrow from the State to pay debt service on the bonds. The total amount of qualified bonds currently outstanding is $2,885,000. The total amount of qualified loans currently outstanding is $0. The estimated computed millage rate may change based on changes in certain circumstances.]
Yes: 307
No: 1,235
