What's on the ballot in City of Hancock, Houghton County

Shall the County of Houghton, Michigan, borrow the principal sum of not to exceed Twenty Eight Million Dollars ($28,000,000) and issue its general obligation unlimited tax bonds, in one or more series, payable in not to exceed thirty (30) years from the date of issuance of each series, for the purpose of paying all or part of the costs to acquire, construct, furnish and equip new county jail facilities, and remodel, re-construct, renovate, furnish and equip existing county buildings, including interests in land, site improvements, and parking improvements, together with rights-of-way, appurtenances and attachments thereto, and demolition of existing buildings? If approved, the estimated millage to be levied in the first year of the levy in 2027 is 1.2726 mills ($1.2726 per $1,000 of taxable value) and the estimated simple average annual millage rate required to retire the bonds is 1.2722 mills ($1.2722 per $1,000 of taxable value).

Shall the currently authorized millage rate limitation of 0.80 mills ($0.80 per $1,000.00 of taxable value) on the total amount of taxes which may be assessed against all Real and Personal Property in the City of Hancock be renewed for a period of 5 years, 2027-2031 inclusive? Taxes so raised to be disbursed to the City of Hancock to be held in the Hancock Recreational Fund to be used exclusively for Hancock Recreational Improvements; which, if approved, will provide tax revenue up to an estimated $128,664.00 in 2027.

This proposal will replace millage that expires with the 2026 tax levy and will allow the intermediate school district to continue to levy area special education millage previously approved by the electors. Shall the limitation on the amount of taxes which may be assessed against all property in the Copper Country Intermediate School District, Michigan, be increased by 0.2903 mill ($0.2903 on each $1,000 of taxable valuation) for a period of 20 years, 2027 to 2046, inclusive, to provide funds for the education of students with a disability; the estimate of the revenue the intermediate school district will collect if the millage is approved and levied in 2027 is approximately $601,033 from local property taxes authorized herein?

Shall the Hancock Area District Library, County of Houghton, Michigan, be authorized to levy annually a new additional millage in an amount not to exceed 0.70 mill ($0.70 per each $1,000 of taxable value) against all taxable property within the Hancock Area District Library district for a period of five (5) years, 2026 through 2030, inclusive, for the purpose of providing funds for all district library purposes authorized by law? The estimate of the revenue the Hancock Area District Library will collect if the millage is approved and levied by the Hancock Area District Library in the first year (2026) is approximately $200,000. By law, a portion of the revenue from the millage may be subject to capture by the Houghton County Brownfield Redevelopment Authority.