Kent City Community Schools
Bylaws & Policies
 

6180 - TRUTH IN TAXATION

It is the intent of the Board of Education to comply with the provisions concerning truth in taxation as set forth in Act 5, Public Acts of Michigan, 1982, as amended, being Section 211.24(e) of the Michigan Compiled Laws.

The law states, in part, that a Board shall not levy ad valorem property taxes for operating purposes for the ensuing fiscal year which yields an amount more than the sum of the taxes levied at the base tax rate on additions within the School District for ensuing fiscal year plus an amount equal to the taxes levied for operating purposes for the concluding fiscal year on existing property.

When the Board seeks an additional millage rate, as occurs when the State Equalized Valuation (SEV) increases, it shall:

 A.resolve to hold a public hearing, authorize publication of the notice of public hearing, and establish the proposed millage rate prior to the hearing;

 B.not less than six (6) days prior to the scheduled hearing, shall publish notice of the meeting in a newspaper of general circulation. Such notice shall meet all the requirements of the General Property Tax Act, and send notice to all newspapers of general circulation within the District;

 C.hold a public hearing for the purpose of receiving testimony and providing discussion of the additional millage rate;

 D.approve within seven (7) days, if the Board so chooses, the additional millage rate which shall not be greater than the proposed millage rate published.

M.C.L.A. 211.24(e), 15.261 et seq.