Your Berkley, Your Vote
Municipal Infrastructure Improvements
Two funding proposals on the November ballot will offer Berkley voters the opportunity to decide on improved roads and more recreation options.
The first proposal is for 2 mills and would raise about $1.14 million annually over the next 10 years. The funds would be dedicated to city road infrastructure improvements. The second is a 20-year bond proposal for $15.37 million. The funds would be used to construct a new Community Center. Ballot language for both proposals appear below:
Berkley City Charter Amendment for
Capital Improvement Project Millage
Shall Section 9.4 of the Charter of the City of Berkley, Oakland County, Michigan, be amended to permit the levy by the City of an additional ad valorem property tax in an amount not to exceed two (2) mills for ten (10) years, from 2019 through 2028, to acquire and construct capital improvements for the City, including roads, streets, water, sewer and other capital improvement projects? It is estimated that 2 mills would raise approximately $1,142,783 when first levied in 2019.
[ ] YES [ ] NO
Community Center Bond Proposal
Shall the City of Berkley, Michigan, borrow the principal sum of not to exceed Fifteen Million Three Hundred Seventy-Five Thousand Dollars ($15,375,000), payable in not to exceed twenty-one (21) years from the date of issue, and issue its unlimited tax general obligation bonds to pay the cost of acquiring, constructing, furnishing and equipping a new community center, including demolition of existing structures, parking and site improvements? The estimated millage to be levied in 2019 is 0.8837 mills ($0.88 per $1,000 of taxable value) and the estimated simple average annual millage rate required to retire the bonds is 1.6335 mills ($1.63 per $1,000 of taxable value).
[ ] YES [ ] NO
Millage vs Bond
What is the difference ?
Berkley Property - Taxable
How will the millage and bond proposal change property owner tax bills.