Village of Shepherd Operating Millage Restoration Proposal

Shall the Village of Shepherd, Isabella County, Michigan, be authorized to levy a tax of up to 1.3632 mills ($1.3632 per $1,000 of taxable value) for general operating purposes, to restore the Village’s authorized operating millage rate, which has been reduced by the Headlee Amendment from 12.5000 mills to 11.1368 mills? If approved, this millage will restore the Village’s authorized general operating millage rate to 12.5000 mills and permit the Village to levy up to that rate for four (4) years, subject to any further Headlee reductions. It is estimated that the 1.3632 mills would raise approximately $56,847.00 in the first year it is levied.