Allegan Area Educational Service Agency Area Career and Technical Education Millage Proposal (Restoration of Millage Reduction)

This proposal requests additional millage to permit the continued levy by the intermediate school district of the maximum mills for area career and technical education previously approved by the electors. Shall the limitation on the annual property tax rate for area career and technical education in Allegan Area Educational Service Agency, Michigan, be increased by 0.0994 mill ($0.0994 on each $1,000 of taxable valuation) for a period of 8 years, 2027 to 2034, inclusive (this increase will allow the intermediate school district to levy the maximum rate of 1.78 mills previously approved by the electors that has been reduced as required by the Michigan Constitution of 1963); the estimate of the revenue the intermediate school district will collect if the millage is approved and levied in 2027 is approximately $7,996,555 from local property taxes authorized herein?