2021 Sinking Fund Renewal

Sinking Fund Renewal


The Grand Ledge Board of Education unanimously approved a resolution to place a Sinking Fund Millage Renewal question on the November 2nd ballot.

Voters will decide whether to renew the millage for three years at a rate of .7921 mills, which is just maintaining the current rate and is not an increase over the 2021 millage levy.

The Sinking Fund – also called the Capital Improvement Fund – was first approved by the voters in 2002 at a rate of 1.000 mills, and the community approved a renewal in 2011. Headlee reductions have lowered the tax rate over time to the current rate of .7921 mills. It has paid for school building improvements, roof replacements, HVAC maintenance, parking lot work, athletic facility upgrades, and more.

 

This publication is paid for by Grand Ledge Public Schools, 220 Lamson Street, Grand Ledge, MI 48837