Copyright M Live Michigan
EAST GRAND RAPIDS, MI – East Grand Rapids Public Schools is asking voters to approve a 10-year, half-mill levy for a sinking fund. The fund would be used to cover costs for construction or repair of school buildings, improve security, acquire or upgrade technology, and buy and maintain student transportation vehicles, according to the district. It would also pay for trucks, vans and personnel to maintain school buildings. The ballot proposal asks voters to authorize the school district to levy an amount not to exceed .5 mill ($0.50 on each $1,000 of taxable valuation) for 10 years, 2026 to 2035. A sinking fund for the same amount expires this year. According to the district, the owner of a house valued at $500,000 (with a $250,000 taxable value) would pay $125 annually, while the owner of an $800,000 house (with a $400,000 taxable value) would pay $200. If the millages is approved and levied in 2026, the estimated revenue the district would collect is approximately $548,320, according to the according to the Kent County Clerk’s Office website. Related: Kent County voters asked to renew school millage in Nov. 4 election
