Michigan convention proposes finance and tax changes
The convention's Article 1X outlines tax limits and financing flexibility. It preserves a 15 mill property tax but allows county level caps up to 18 mills, with potential 50 mill total for 20 years if conditions are met. Local bond taxes remain unlimited. true cash value assessment may be capped at 50 percent. exemptions for religious and educational properties expand. An income tax is prohibited at state and local levels except a flat rate. sales tax remains at 4 percent with possible removal or relief of items by legislature.
MENTIONED IN THIS ARTICLE
Michigan
Sales tax funds redirected to School Aid Fund under new constitution
A proposed constitution would dedicate one half of all sales and related taxes to a new School Aid Fund for public education and retirement systems, abolish the current School Aid annual outlay, and set a 15 percent elastic debt limit to be repaid within the year. Highway funds remain earmarked though highway purposes may expand. Pension obligations would be contractual and funded in the year they arise.
Homes for Sale In Shepherd Weekly Offer Listings
A sequence of Shepherd area homes listed for sale including 1 and 2 story houses with 3 to 4 bedrooms, garages, various heating types, recent remodels, and prices from 5 800 to 17 000 plus a commercial building. Many entries note terms or owner sacrifice. Addresses include 122 E Blvd and corner locations.
MENTIONED IN THIS ARTICLE
Shepherd
E. Blvd
Subdivision and acreage offers near Shepherd and Mt. Pleasant
Listings detail Fraker Allen addition lots with septic and water lines at 2000, three corner lots with water and sewer passes by at 2400, Sander's Subdivision six miles north of Shepherd or four miles east of Mt. Pleasant with 56+ lots, 80-acre tillable farm with barn and cattle stanchions, 70-acre parcel with remodeled home, and a School Section Lake cottage with four bedrooms and boat included priced at 12000.
MENTIONED IN THIS ARTICLE
Shepherd
Sander
Mt. Pleasant
Shepherd Road
Also Mentioned on This Page
Township of
Lincoln
State OF
Congress
Legislative
Vis
Circuit Court
John Goodwin
Homes For Sale
Fraker-Allen Addition
Oil City
Coleman Road
Dick Murphy Agency
Shepherd, Michigan
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