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Brunswick City Schools

Brunswick City Schools . Board of Education December, 2012. Types of tax issues. Regular operating levy Emergency levy Millage incremental levy Dollar incremental levy Replacement levy Combination (dual purpose) School district income tax City/school income tax. Regular Operating Levy.

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Brunswick City Schools

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  1. Brunswick City Schools Board of Education December, 2012

  2. Types of tax issues • Regular operating levy • Emergency levy • Millage incremental levy • Dollar incremental levy • Replacement levy • Combination (dual purpose) • School district income tax • City/school income tax

  3. Regular Operating Levy • Millage rate is stated • Voted for 1-10 years or . . . continuing

  4. Emergency Levy • Dollar amount is stated • Ballot shows millage rate • Mills are adjusted to the amount of the levy • School income remains same for life of levy • Voted for 1-10years

  5. Millage Incremental Levy • Voted for continuing period of time or 1-10 years • Voters can approve up to 5 different rates over life of levy Example: 5 mills, additional 2 mills in years 2-3 and an additional mill in years 4-5.

  6. Dollar Incremental Levy •Voted in dollar amounts or % increases •Up to 5 different amounts or %’s•Voted for 1-10 yearsExample: Tax voted to produce 1 million in year one and an additional 200,000 increment each year in years 2-5.

  7. Replacement Levy • can replace all or part of expiring levy • must be for same purpose (operating, perm. improv.) • can raise more dollars even though millage remains same • requires 2/3 vote of board

  8. Combination Levy • voters accept/reject package • allowable combinations: operating/perm.improvement or bond issue/property tax or bond issue/income tax

  9. School District Income Tax • can be approved for specified years or continuing • can only be place on ballot 2 times/yr. • issues for 5+ yr. may be repealed • paid by residents, estates and unincorporated businesses

  10. Combined City/School Income Tax • negotiated agreement • each municipality must pass the issue • at least 25% of proceeds must go to schools

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