Gull Lake Schools ask voters to renew tax for building repairs on May 3 ballot

RICHLAND, MI — Gull Lake Schools is looking to keep the money flowing for facility repairs with the help of resident taxes.

The school district is seeking the renewal of its sinking fund millage at the upcoming election May 3.

The current sinking fund provides cash for energy improvements, safety and security enhancements and repairs and maintenance to existing facilities, the district said on its website.

The current fund is set to expire in December and will need to be renewed to keep the money available to the school. Voters approved the fund in 2014.

The district can use the dollars to replace roofs and boilers, repair existing parking lots and driveways, make safety and security enhancements and improve existing school buildings. The sinking fund cannot be used for employee wages or the purchase of real estate, technology or school buses, the district said.

The district is asking voters to renew the fund for nine years at the current tax rate. If approved, the renewal will not raise taxes for district residents.

The current millage rate for Gull Lake is 6.3 mills. An owner of home with a taxable value of $50,000 pays $315 per year to fund the district’s millages. The sinking fund represents 0.64 mills, or $32 per year for that taxpayer.

If renewed, the sinking fund will raise about $706,000 per year, for a total of about $6.4 million in nine years, the district said.

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