Truth-​In-​Taxation and Budget Hearing Notice

brainstorm1This is a Truth-​In-​Taxation and bud­get hear­ing no­tice to sup­port the pro­posed bud­get for the fis­cal year 2017-​2018. The Millington Arbela District Library Board in­tends to levy its al­lo­cated mill­age of .9942 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 Monday, February 6, 2017 at 6:45 p.m. in the Frieda Meachum Conference Room lo­cated in the Millington Arbela District Library.

After the Truth-​In-​Taxation meet­ing, the library’s pro­posed bud­get for the 2017-​2018 fis­cal year will be pre­sented and dis­cussed with a reg­u­lar Library Board meet­ing to fol­low.

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 Brown, at (989) 871-​2003.

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