Saturday, November 02, 2013

They don't know what their gonna do with all you tax dollars but they know it will hit businesses BIG,,, but they hope you won't notice----Election 2013: Five things to know about Muskegon Community College's bond proposal

Election 2013: Five things to know about Muskegon Community College's bond proposal | MLive.com:
"The bond proposal commits MCC to "equipping a college facility" in downtown Muskegon, and the college has entered an agreement to purchase the Masonic Temple, 396 W. Clay Ave., for the payment of $1 and about $16,500 in property taxes if the proposal passes.
It hasn't been decided what program or programs would be located there, though initial talks center on manufacturing training, entrepreneurism and creative arts. General education classes, such as math, English and science, likely would be offered so students wouldn't have to travel to the main campus.
The college has budgeted $7.2 million for the downtown location, though college officials say that figure could drop, thereby reducing the cost to taxpayers.
The cost of the proposal to Muskegon County property owners is an average of 0.33 mill for each of the next 25 years.
That equates to $16.50 per year for owners of a home with a market value of $100,000 and taxable value of $50,000.
The millage rate would start at 0.38 mill, at a cost of $19 for that same homeowner. Improvements would be constructed in phases as bond proceeds become available."

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