How will the bond proposal appear on the ballot?
The following text will appear on the May 4, 2010 ballot: Shall Charlotte Public Schools, Eaton County, Michigan, borrow the sum of not to exceed Twenty-Three Million Six Hundred Thousand Dollars ($23,600,000) and issue its general obligation unlimited tax bonds therefore, for the purpose of: Remodeling, furnishing and refurnishing and equipping and re-equipping school buildings; erecting, furnishing and equipping an addition to a school building; acquiring, installing and equipping and re-equipping school buildings for technology; purchasing school buses; developing, improving and equipping and re-equipping playgrounds; and developing and improving sites? The estimated millage that will be levied for the proposed bond in 2010, under current law, is -0- mills ($0.00 on each $1,000 of taxable valuation). The maximum number of years the bonds may be outstanding, exclusive of any refunding, is thirty (30) years. The estimated simple average annual millage anticipated to be required to ret
