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Ballot question

Village of Romeo: street improvements bond ($7.5 million)

On the ballot in
Village of Romeo
Vote
Yes or no
Election
Nov 3, 2026

The question, as printed on the ballot

Shall the Village of Romeo, County of Macomb, Michigan, borrow the principal sum of not to exceed Seven Million Five Hundred Thousand Dollars ($7,500,000), and issue its unlimited tax general obligation bonds, payable in not to exceed sixteen (16) years, to pay the cost of acquiring and constructing street improvements in the Village, including curb, gutter, drainage and related improvements? If approved, the estimated millage to be levied in 2027 is 2.2645 mills ($2.26 per $1,000 of taxable value) and the estimated simple average annual millage rate required to retire the bonds is 2.2634 mills ($2.26 per $1,000 of taxable value).

A “Yes” vote means

A yes vote lets the Village of Romeo borrow up to $7.5 million over up to 16 years for street improvements, repaid by a property tax estimated at 2.26 mills.

A “No” vote means

A no vote rejects the street improvements bond.

Sources

The question and plain English statement are copied word for word from official election materials. The Gist does not take a side on ballot questions.