Currently, $2.9 million of the district’s $30 million general fund revenue comes from the operating millage approved by voters.
If the operating millage funds were lost, the district would likely have to cut its spending to cover the reduction.
The general fund covers all regular expenses including salaries (teachers, paraprofessionals, counselors, bus drivers, custodial, etc.), curriculum materials, classroom supplies, utilities, and much more.
Non-Homestead Operating Millage Renewal
On August 6, 2024 voters in Bangor Township will consider a proposal to renew Bangor Township Schools' operating millage.
This proposal will allow the school district to continue to levy the statutory rate of not to exceed 18 mills on all property, except principal residence and other property exempted by law, required for the school district to receive its revenue per pupil foundation allowance and renews millage that will expire with the 2025 tax levy.
Shall the currently authorized millage rate limitation of 19.4136 mills ($19.4136 on each $1,000 of taxable valuation) on the amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, in Bangor Township School District, Bay County, Michigan, be renewed for a period of 10 years, 2026 to 2035, inclusive, to provide funds for operating purposes; the estimate of the revenue the school district will collect if the millage is approved and 18 mills are levied in 2026 is approximately $3,332,608 (this is a renewal of millage that will expire with the 2025 tax levy)?
Key Points
The ballot proposal renews the existing non-homestead operating millage.
This millage is levied on commercial, industrial, and rental properties, not on owner-occupied homes that meet the non-homestead exemption.
The renewal would maintain funding for our current educational programs and facilities.
All Bangor Township voters are eligible to vote on this matter, regardless of whether the millage directly impacts their taxes.
Frequently Asked Questions
General Fund Revenue
Importance of Operational Millage
While the district has other funding sources, the General Fund is the only revenue that can be used for most regular district expenses.
The largest line item in the general fund is salary and benefits for staff, which make up 73% of that budget.
The loss of 9.7% of the general fund budget would likely require the district to cut staff among other expenses.
Paid for by Bangor Township School District
3359 East Midland Road, Bay City, MI 48706