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Northville board approves placing non-homestead operating millage on Aug. 26 ballot
Summary
The board adopted a resolution to place a non-homestead operating millage renewal on the Aug. 26 ballot, proposing a 10-year levy with a 20-mill hedge to offset the state's millage reduction fraction; administrators said the levy represents over $10 million and more than 10% of the district's revenue.
The Northville Public Schools Board of Education voted to place a non-homestead operating millage renewal on the August 26 ballot and approved a 10-year request with a 20-mill hedge intended to offset the state's millage reduction fraction.
Treasurer Lisa McIntyre introduced the resolution and administration staff explained the rationale: the non-homestead millage accounts for more than $10 million of district revenue and represents over 10% of the district's funding. Administration said the statutory limit on non-homestead mills is 18 mills, and the district is proposing a 20-mill levy as a hedge against the millage reduction fraction that can erode levies over time.
"This is how school funding was designed in Michigan; this is what the state thinks we're going to collect and they will deduct it from our state aid regardless if we pass it or not," an administrator said during the presentation, describing the revenue importance.
Board members discussed the length of the levy (10 years) and heard a step-by-step explanation of how the millage reduction fraction would reduce levy value over time if no hedge were used. Several trustees said the earlier committee conversation clarified the concept.
The board approved the resolution by roll call. Voting yes: Trustee Frasier, Trustee Mabberry, Trustee Reagan Mau, President Karen Meyer, Vice President Melissa Stewart, Treasurer Lisa McIntyre and Secretary Kim Campbell Voitell.
