(WLNS) – It’s not one of the most hotly debated election days but February 24 is a key day in at least four area school districts. Voters in Ingham, Eaton, Shiawassee and Lenawee Counties will be deciding school funding questions in four districts. Statewide 30 counties are holding elections. Polls will be open 7 a.m. to 8 p.m. on Tuesday. To find out if there is an election in your area you can visit the Michigan Voter Information Center.INGHAM COUNTY
In Ingham County the Dansville Schools are asking voters to decide two millage question. One is a renewal and the second is a millage increase of 2 mills ($2 on each $1000 of taxable valuation). You can read the ballot on that Dansville Millage Election hereEATON COUNTY
In Eaton county the Grand Ledge Schools are making a request for a $68 million bonding issue. You can read the specific language on that Bond Request hereLENAWEE COUNTY
There’s another bond request in Lenawee County. There the Adrian Schools are asking voters to decide a $30 million bonding question. You can see the language for the Adrian School Bond Request hereSHIAWASSEE COUNTY
In Shiawassee County the Owosso Schools are also making a Bond Request. Here is that ballot language:BONDING PROPOSAL
Shall Owosso Public Schools, Shiawassee County, Michigan, borrow the sum of not to exceed Fifty-Four Million One Hundred Twenty-Five Thousand Dollars ($54,125,000) and issue its general obligation unlimited tax bonds therefor, for the purpose of:
erecting, furnishing, and equipping additions to the existing high school, including, but not limited to, classrooms, offices, an auditorium, a gymnasium, and a pool, in order to convert it to a secondary building to include both a middle school and a high school; remodeling, furnishing and refurnishing, and equipping and re-equipping school buildings and facilities, in part, for air conditioning and building security improvements; acquiring and installing instructional technology in school buildings; purchasing school buses; and preparing, developing, and improving sites?
The following is for informational purposes only:
The estimated millage that will be levied for the proposed bonds in 2015, under current law, is 6.37 mills ($6.37 on each $1,000 of taxable valuation). The maximum number of years the bonds may be outstanding, exclusive of any refunding, is thirty (30) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 5.77 mills ($5.77 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 $-0-. The total amount of qualified loans currently outstanding is $-0-. The estimated computed millage rate may change based on changes in certain circumstances.
(Pursuant to State law, expenditure of bond proceeds must be audited, and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating expenses.)
On Election Day stay tuned to 6 News for election updates both online and on 6 News at 11