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School Funding

School Funding

Basics of School Funding: General Fund, Bonds, Sinking Fund

In order to receive state funding, every school district in Michigan is required to pass and levy an operating millage to collect local taxes. In the absence of passing the operating millage, LPS would not receive its annual state aid and would not have sufficient funds to operate the school at current levels.  Some districts ask their voters to approve this millage periodically (to cover some number of years); others, like Leland, seek voter approval of the operating millage each year. The school’s operating tax is only collected on non-homestead properties. Homestead property (i.e., a person’s primary home) is exempt from the operating tax.
 

  • Operational Millage dollars pay for the normal operations of the school 

    • Teacher salaries and all employee costs 

    • Curricular materials and programming 

    • Athletics 

    • Activities, extra curricular activities 

    • Classroom supplies and materials 

    • Furniture 

    • Routine upkeep and maintenance