The 20-year millage renewal would cost about $18 for each $1,000 of taxable value of a non-residential qualified property. For a $100,000 property, the cost would be about $1,800 a year.
Lansing voters will decide whether or not to renew 17.9262 mills, which provides $18.1 million dollars to the Lansing School District's annual budget.
The millage will not raise property taxes for homeowners. The tax is has been levied on qualified commercial properties since Proposal A changed the way schools were funded in 1994. It's set to expire at the end of the year. President of Lansing's Board of Education, Peter Spadafore, says "If we run the clock out on this millage, it's going to result in dramatic changes in the Lansing School District and not for the good." Money generated from the millage represents about 11% of the district's budget.
If passed, the millage would continue a yearly tax of about $18 for every $1,000 of the property value. Lansing homeowners won't pay a dime. Businesses and people who own more than one home will pay the tax.
Spadafore says, "It's not new, but it helps us operate, keeps the lights on, pays our teachers. I think there's a lot of folks out there in the non-homestead community, business owners, that really support the Lansing School District.
Tim Daman, President & CEO of the Lansing Regional Chamber of Commerce says, "To us, we look at this as investing in our youth, and when you're investing in the youth and education, it pays off in the long term with the employee pool that you're looking to hire in the future."
But a lot of the business owners aren't necessarily Lansing voters, who will decide on May 6 whether to renew the tax.
Spadafore adds, "This is not about building a new high school, a new elementary school, this is about operating the buildings we have, and providing the education that we have been for the last 20 years."