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School Tax Up To 36.31 Mills

School Tax Up To 36.31 Mills image
Parent Issue
Day
13
Month
August
Year
1970
Copyright
Copyright Protected
Rights Held By
Donated by the Ann Arbor News. © The Ann Arbor News.
OCR Text

A total tax oí 36.31 Tnills for tne 1970-71 fiscal year- an increase of .34 of a mili over last year's levy - was approved last night by the Arm Arbor Board of Education. The increase in debt service millage from 3.42 to 3.76 milis to pay off bonding issues was expected, since the amount depends on the schedule for retiring the issues. If the June 8 millage and bonding propositions had been approved at the polls, the tax levy this year would have risen to 44.77 milis, or $44.77 per $1,000 of state equalized valuation. But all the propositions were decisively defeated. The 1970-71 tax levy includes 32.55 milis for operations and 3.76 milis for debt service.