Grand Rapids residents need to be aware of tax attack 2007! There are three tax increase proposals on the ballot May 8th - did you know that? This is the problem with May elections - who pays attention?
Tax issues include the following:
- Grand Rapids Public Schools - GRPS is asking for a renewal of their 18 mill non-homestead operating millage. Basically what this means is that GRPS depends on an 18 mill tax on properties that are not claimed as primary residences. The 18 mill amount has actually decreased to 17.8258 mills due to Headlee amendment reductions. This is generally a non-controversial issue since homeowners do not pay it, only businesses and rental property owners (thus renters).
- Grand Rapids Community College - This one is a true tax increase. GRCC is asking for a an additional .56 mills, in addition to the current 1.7856 mills they already tax us for. That’s a whopping 31% increase. The increase will bring an additional $11 million to the college each year in revenues. It will cost the average homeowner an additional $28 a year, or about $140 over the next five years.
- Interurban Transit Partnership (The Rapid) - We’re no friends of the Rapid, as our readers should know. They are asking for a .17 mill increase to the .95 mills they already get in tax revenue. That’s an 18% increase. The new tax will raise about $2 million a year for the Rapid. This will cost the average GR homeowner about $8 a year or $40 over five years.
All told, the two homestead tax increases will cost the average homeowner about $37 a year extra, for a total annual cost of $173 a year for both GRCC and The Rapid.
Oh, and Grand Rapids Public Schools board elections are on the ballot too - but does anyone even care any more?
Posted by: GRPundit
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