Renewal and Restoration Proposal for the Grand Traverse Conservation District Millage

This proposal is for the purpose of renewing and resetting the previously approved .1 mill to support operations for the Grand Traverse Conservation District, including programs to assist landowners in the protection, enhancement, and restoration of natural resources, including invasive species control, assist agricultural producers in the protection of soil and water, implementation of best management practices on farmland, continue restoration and protection of the Boardman-Ottaway River, and continue environmental stewardship education at the Boardman River Nature Center. Shall the previously voted increase in the tax limitation on the total amount of taxes that may be levied against all taxable property within Grand Traverse County of up to and including .1 mill ($0.10 per $1,000 of taxable value), reduced to .0932 mills ($.0932 per $1,000 of taxable value) by the required millage rollbacks, be renewed and reset in the amount of up to and including the original voted .1 mill ($0.10 per $1,000 of taxable value) and levied for 10 years, beginning 2026 through 2035, inclusive, on all taxable property within Grand Traverse County for the purpose of providing operating funds for the Grand Traverse Conservation District? If approved and levied in full, the renewal millage will generate an estimated $871,492.00 in revenue to be disbursed to the Grand Traverse Conservation District when first levied in 2026. The estimated cost to a household owning a $100,000 property (SEV $50,000) would be $5 per year. By law, tax increment revenues from this millage will be distributed to governmental units within Grand Traverse County that are entitled to receive a portion of captured property taxes, which are the City of Traverse City Downtown Development Authority, Grand Traverse County Brownfield Redevelopment Authority, Village of Kingsley Downtown Development Authority, Village of Fife Lake Downtown Development Authority, and lnterlochen Downtown Development Authority. Shall the proposal be adopted?