Oxford Community Schools: non-homestead operating millage replacement (18 mills)

The question, as printed on the ballot

State of Michigan This proposal, if approved by the electors, would, replace, restore and extend the authority of the School District to levy the statutory limit of 18 mills on all property, except principal residences and other property exempted by law, which currently expires with the School District’s 2026 tax levy. The authorization will allow the School District to continue to receive revenues at the full per pupil foundation allowance permitted by the State.Shall the limitation on the total amount of taxes which may be assessed against all property, except principal residences and other property exempted by law, situated within the Oxford Community Schools, Counties of Oakland and Lapeer, State of Michigan, be increased, in the amount of 18 mills ($18.00 on each $1,000 of taxable valuation), for a period of ten (10) years, 2026 to 2035, inclusive with 17.26 mills of the above 18 mills being a replacement of authorized millage which will otherwise expire with the 2026 tax levy and 0.74 mills being a restoration of previously authorized millage lost as a result of the rollbacks required by the Michigan Constitution? This operating millage if approved and levied, would provide estimated revenues to the School District of $252,288 during the 2026 calendar year, to be used for general operating purposes.