Question 10 - Sinking Fund Millage Proposal

Shall the limitation on the amount of taxes which may be assessed against all property in Central Lake Public Schools, Antrim County, Michigan, be increased by and the board of education be authorized to levy not to exceed.4766 mill ($.4766 on each $1,000 of taxable valuation) for a period of 4 years, 2027 to 2030, inclusive, to create a sinking fund for the purchase of real estate for sites for, and the construction or repair of, school buildings; for school security improvements; for the acquisition or upgrading of technology; for the acquisition of student transportation vehicles; for the acquisition of parts, supplies, and equipment used for the maintenance of student transportation vehicles; for the acquisition of eligible trucks and vans used to carry parts, equipment, and personnel for or in the maintenance of school buildings; for the acquisition of parts, supplies, and equipment used to maintain such trucks and vans; and all other purposes authorized by law; the estimate of the revenue the school district will collect if the millage is approved and levied in 2027 is approximately $203,421?