2024 Bond Proposal
- First bond proposal in 40 years
- $7,900,000 facility improvement
- 1.95 initial tax increase/1.56 overall increase
- School board will contribute $100,000 yearly to reduce taxpayer impact
To calculate an estimated impact on a taxpayer’s annual tax bill, please visit bit.ly/bondproposal.
2024 Bond Proposal Ballot Wording
Shall Mackinaw City Public Schools, Cheboygan and Emmet Counties, Michigan, borrow the sum of not to exceed Eight Million Ninety Thousand Dollars ($8,090,000) and issue its general obligation unlimited tax bonds therefor for the purpose of: erecting, furnishing, and equipping additions to the schools building, including classrooms and gymnasium additions; partially remodeling, furnishing and refurnishing, and equipping and re-equipping the school building; acquiring and installing instructional technology and instructional technology equipment for the school building; and preparing, developing, equipping, and improving playgrounds, athletic fields and facilities, and the site?
The estimated millage that will be levied for the proposed bonds in 2025 is 1.95 mills ($1.95 on each $1,000 of taxable valuation). The maximum number of years the bonds may be outstanding, exclusive of any refunding, is twenty-five (25) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 1.56 mills ($1.56 of each $1,000 of taxable valuation). (Pursuant to State law, expenditure of bond proceeds must be audited and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating expenses.).
Goals of the 2024 Bond Proposal
Replace Aging Infrastructure
- Replace boiler system: Current system installed in 1998
- New Air Handler System: Current system installed in 1985
- New HVAC controls
- Electrical upgrades
Add New Learning Spaces
- Four additional classrooms
- Playground upgrades
- Two new restrooms
- Expanded curriculum opportunities
- All-day free preschool program
Athletic Facility Upgrades
- New competitive gymnasium
- Baseball/softball field upgrades