This is a Truth-In-Taxation and budget hearing notice to support the proposed budget for the fiscal year 2018-2019. The Millington Arbela District Library Board intends to levy its allocated millage of .9918 mill on all real and personal property within the Millington Arbela District Library’s legal service area.
The library’s income from property taxes is calculated by multiplying the taxable value of the property in the library’s legal service area by the allocated millage.
This allocated millage may be reduced by the Tuscola County Equalization Office to compensate for an increase in the assessed value of real and personal property in each of the townships that exceeds the rate of inflation. The Headlee Amendment regulates this reduction.
The purpose of the Truth-In-Taxation hearing is to retain as much of the money generated by new construction in the library’s legal service area as is allowed by the Headlee Amendment.
The Truth-In-Taxation meeting is scheduled for Tuesday, February 27, 2018 at 7:00 p.m. in the Frieda Meachum Conference Room located in the Millington Arbela District Library.
After the Truth-In-Taxation meeting, the library’s regular board meeting will follow with a draft budget for the 2018-2019 fiscal year to be presented and discussed.
Pursuant to the Open Meetings Act, these meetings are open to the public to attend. If you need special accommodations, please contact the Library Director, Jill Wioskowki, at (989) 871-2003 or via email at firstname.lastname@example.org.
Published in the Millington Herald and Tuscola County Advertiser