|
Fremont Public Schools Annual Election May 6, 2008 On May 6, 2008, Fremont Public Schools will hold their
annual school board election. Included
on the ballot will be a Non- What does
“non-homestead” mean? Non-homestead represents industrial, commercial and some agricultural property and “second homes.” It does not include a family’s primary residence. I thought
schools no longer received funding through property taxes, so why are they
talking about a millage renewal? Funding for school districts changed significantly in
1993/94 when Proposal A was passed by the Is this a
new tax? No. This millage was approved by the voters in 1994. The district has voter approval to levy 18 mills on non-homestead property through June 2008. Will my
residential school taxes increase too? No. This tax is on non-homestead property and does not apply to your primary place of residence. What if
the millage is voted down? The revenue generated from the 18 mills totals over $2.5 million annually, greater than 10% of the school district’s budget. If this millage does not pass, the State will not replace the funding and Fremont Public Schools will be forced to reduce or cut programs to offset the loss. Districts receive most of their funding on a per-pupil basis. The amount a school district receives per-pupil is called the Foundation Allowance. The per-pupil Foundation Allowance for Fremont Public Schools is $7,204. This represents the major portion of Fremont Public Schools’ revenue and is funded from 2 sources: 1.) Local Revenue – 18 mills collected on non-homestead property, and 2.) State Revenue. The Foundation Allowance funding calculation is as follows:
By law, to obtain the Total Foundation Allowance, Fremont
Public Schools must collect a local “non-homestead” millage for this portion
of its budget. The State reduces its
obligation to districts by this amount and only pays the balance. Therefore
it is critical to continue to collect 18 mills on non-homestead property to
attain full funding. The Renewal Election for the 18
mill non-homestead property tax is: May 6, 2008. QUESTIONS?? Please
contact us!
John D.
Kingsnorth, Superintendent (231) 924-2350 |