Measure on the ballot in the 2025 Michigan General Election in Novi Community School District.
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Get StartedThe following is for informational purposes only: The estimated millage that will be levied for the proposed bonds in 2026 2.04 mills ($2.04 on each $1,000 of taxable valuation) for a -0- mills net increase over the prior year's levy. The maximum number of years the bonds of any series may be outstanding, exclusive of any refunding, is thirty (30) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 3.52 mills ($3.52 on each $1,000 of taxable valuation). (Pursuant to State law, expenditure of bond proceeds must be audited and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating expenses.)
Shall Novi Community School District, Oakland County, Michigan, borrow the sum of not to exceed Four Hundred Twenty-Five Million Dollars ($425,000,000) and issue its general obligation unlimited tax bonds therefore, in one or more series, for the purpose of: erecting additions to, remodeling, including security improvements to, furnishing and refurnishing, and equipping and re-equipping school buildings; erecting school buildings and school support buildings; acquiring and installing instructional technology and instructional technology equipment for school buildings; purchasing school buses; and acquiring, equipping, developing, and improving playgrounds, play fields, athletic fields and facilities, parking areas, driveways, and sites?
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