Thursday, May 17, 2012

Road Millage Renewal


 Just a note that this is a renewal of our existing road millage which due to legal wording has not "bumped" us back up to the requested .5 mill since 2000. Unofficially, of course, the current board is requesting a renewal of the road millage in order to continue improving the roads in Elk Township. The supervisor has also requested volunteers to serve on an ad hoc committee to give the board direction on which roads the residents would like to improve.







­­­­­­­­­­­­­­­­­­­­­­ELK TOWNSHIP, LAKE COUNTY
ROAD IMPROVEMENTS & MAINTENANCE MILLAGE PROPOSAL
August 2012




Shall ­­­­­­­­ELK Township impose an increase of up to .5 mills ($.50 per $1,000 of taxable value) in the tax limitation imposed under Article IX, Sec. 6 of the Michigan Constitution and levy it for five (5) year(s), 2013 to 2017, inclusive, for road improvements and maintenance, which .5-mill increase will raise an estimated $33,214 in 2013, the first year the millage is levied.

[    ]      Yes
[    ]      No




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6 comments:

  1. AnonymousMay 21, 2012 at 9:46 AM

    Not sure I understand the math in this proposal. It would take $66,000,000 of annual TV to generate $33k at .5 mills. Does Elk Township have that large of a tax base? If the math isn't right then proposal will fail.

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  2. Vicki GatesMay 21, 2012 at 10:00 AM

    According to our assessor: The 2012 taxable value for Elk Twp is $66,427,481

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  3. AnonymousMay 21, 2012 at 5:00 PM

    Vicki, Based on current total millage rates (49.1759 non-resident or 31.1759
    resident)what would be the total amount of property tax dollars collected in Elk Twp at $66.4MM TV? Seems the number would be very high, in the millions for such a small community. Maybe this is SEV?

    Also the proposal is not very clear. The current Twp Roads millage is .3994. Is this an increase to .5 or + .5 (125% increase) to the existing rate. If this millage (error or otherwise) hasn't existed since 2000 why is it needed back now. No justification stated.

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  4. Vicki GatesMay 21, 2012 at 9:10 PM

    this increase would be to .5 mill, which we haven't had since 2000, so the voters can approve an increase to .5 mill, or not, which ever makes sense to them..

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  5. AnonymousMay 21, 2012 at 9:54 PM

    Point is simply the wording of the Proposal is not clear and needs to be if Twp. board hopes it to pass. And again if what you indicate in your last post is correct there is no way the Proposal "raises" as it states an additional $33k. If the additional is as you indicated - (.5 minus current .3994 = .1006) what's "raised" is additional revenue equals: $6,682. Wow and how much does a special election cost in August for this great sum??? Of course that assumes Elk Twp has $66.4MM of TV. If I'm wrong then I bow humbly to the greater wisdom.

    ReplyDelete
  6. Vicki GatesMay 22, 2012 at 6:22 PM

    In answer to the above questions/comments, or at least as far as I understand the issue, the wording has limitations in legalities, so things aren't as clear as we would like, but it is what it is. The millage would raise $33K in the first year of collection with a taxable value that Elk has of $66,427,481, but you are correct that the difference between this year's road millage revenues and the first year's collected revenue for newly voted road millage would be over $6K. We are choosing to put it on the August primary ballot because we already have to hold that election so it won't cost taxpayers any extra to have this question on the ballot.

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