Shall the Capital Area District Library renew its annual tax levy upon the taxable value of all property, subject to ad valorem taxation (based on the value of real estate), within the District of the Capital Area District Library in a renewal amount not to exceed 1.56 mills ($1.56 per $1000 of taxable value) for a period of 4 years 2014 through 2017 inclusive, to continue funding library operations?
The renewal amount of 1.56 mills is $1.56 per thousand dollars of taxable value. The purpose of this millage is to provide continued library service at the Capital Area District Library branches. If approved and levied in full, this millage renewal request of 1.56 mills will generate an estimaged $9, 180,000 for the Capital Area District Library during the first calendar year. If approved and levied in full, a portion of the millage may be subject to capture to the Downtown Development Authorities of the Cities of Lansing, Leslie, Mason, Williamston, the Village of Dansville and Stockbridge, and the Townships of Delhi, Lansing, Leroy and Vevay; the Tax Increment Finance Authorities of the Cities of Lansing and Williamston; the Local Development Finance Authorities of the Cities of Leslie and Mason; and the Brownfield Redevelopment Authorities of the County of Ingham, the City of Lansing, and the Townships of Delhi and Lansing; and the Ingham County Land Bank.