Building and Site Sinking Fund Tax Levy

Shall the limitation on the total amount of taxes which may be levied against all property in Rochester Community School District, Counties of Oakland and Macomb, State of Michigan, be increased by and the board of education be authorized to levy not to exceed 1.5000 mills ($1.50 on each $1,000 of taxable valuation) for a period of 10 (ten) years, 2020 to 2029, inclusive, to create a sinking fund for the purpose of construction or repair of school buildings, the improvement and development of sites, security improvements, acquiring or upgrading technology, and for any other purpose which may be authorized by law? It is estimated that the revenue the school district will collect if the millage is approved and levied in the 2020 calendar year shall be approximately $7,881,817; revenues from this millage will be disbursed to Rochester Community School District.