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Headlee Amendment

Headlee Amendment. What is the Headlee Amendment ?????. Headlee Amendment. Headlee Amendment is a property tax on Non-Homestead Properties Such as: Apartment Buildings Rental Homes Vacation Properties Vacant Land Commercial & Industrial Property. Headlee Amendment. Why is it Important

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Headlee Amendment

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  1. HeadleeAmendment What is the Headlee Amendment ?????

  2. HeadleeAmendment Headlee Amendment is a property tax on Non-Homestead Properties Such as: Apartment Buildings Rental Homes Vacation Properties Vacant Land Commercial & Industrial Property

  3. HeadleeAmendment Why is it Important To Our Schools ?????

  4. HeadleeAmendment 1978 Michigan Voters Approved Tax Limitation Amendment to the Constitution of 1963. It required local units of government to reduce it’s millage when the annual growth on an existing property is greater than the rate of inflation over the year.

  5. HeadleeOverride 1995 Michigan Voters Approved the Headlee Override for 18 Mills for 20 Years

  6. HeadleeOverride Amendment Non-Homestead Property Owners: Current Millage Rate 16.5749 We are Currently Losing Approximately $96,557 Per Year in Operating Revenue

  7. HeadleeOverride Amendment Headlee Override Amendment is Eliminated in 2014 Durand Area Schools Will Lose $1,065,443

  8. HeadleeOverride Amendment Unless The Voters Renew the Millage

  9. HeadleeOverride Amendment We will be Asking Voters to Restore the Full 18 Mills $1,162,000

  10. HeadleeOverride Amendment Most Taxpayers Will Not See Any Increase to Their Taxes There Will be No Cost Increase to Home Owners

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