Saginaw Township Schools to Ask Voters for $243 Million Bond
Saginaw Township residents might see up to a $460 annual increase in tax bills if voters approve a tax hike to repair school buildings. The Saginaw Township Community Schools Board of Education placed a $243 million bond proposal for 30 years on the May 2, 2023 ballot. With voter approval, the bond would finance school facility improvements, including demolishing three classroom pods and constructing a new 600-seat theater at Heritage High School. The bond proposal would require a 5.75 mill tax increase, or $5.75 on each $1,000 of taxable valuation, which the school says will cost the average Saginaw Township Community School District homeowner in a $100,000 home with a taxable value of $50,000, $287.50 per year, or $23.95 per month. --- Support this podcast: https://podcasters.spotify.com/pod/show/michigan-in-focus/support
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Show Notes
Saginaw Township residents might see up to a $460 annual increase in tax bills if voters approve a tax hike to repair school buildings. The Saginaw Township Community Schools Board of Education placed a $243 million bond proposal for 30 years on the May 2, 2023 ballot. With voter approval, the bond would finance school facility improvements, including demolishing three classroom pods and constructing a new 600-seat theater at Heritage High School. The bond proposal would require a 5.75 mill tax increase, or $5.75 on each $1,000 of taxable valuation, which the school says will cost the average Saginaw Township Community School District homeowner in a $100,000 home with a taxable value of $50,000, $287.50 per year, or $23.95 per month.
Support this podcast: https://podcasters.spotify.com/pod/show/michigan-in-focus/support
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