Beruflich Dokumente
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The school currently collects 16.6753 for approximately $1,500,000 operational budget from business
and 2nd Home owners.
If the 18-Mills approved in 1996 is restored to 18 from 16.6753 the district would collect approximately
$1,600,000. If not passed by 2015 the amount collected by the district would be $0
SINGLE HOME OWNER TAXES WOULD NOT CHANGE IF THE 18-MILLS WERE RESTORED
Housing Examples:
2nd Home Valued at 100,000 (Approximate Taxable Value $40,000)
40,000 x 18 = 720,000 divided by 1,000 = 720
40,000 x 16.6753 = 667,012 divided by 1,000 = 667
Difference is the amount not collected by school - $53
In all of the examples listed above the school district would collect $0 if not renewed by 2015
eliminating approximately $1,500,000 from the operational budget.
Business Examples:
Based on Taxable Values supplied from the St. Joseph & Cass County
Websites.
Farm Examples:
Only those which are incorporated for all other farms there would be no change
if the 18-mills were restored.