Sinking fund millage would benefit schools district-wide

Details related to the March 8 sinking-fund millage request being sought by the Three Rivers Board of Education were covered during a work session Monday.
More than a dozen people attended the meeting, during which board vice president Susan Schmidtendorff led a PowerPoint presentation that covered the reasons for the request and potential uses of the money if the 1.95-mill increase is approved.
Schmidtendorff said safety and security, building and site improvements, and technology infrastructure would be areas covered district-wide if the eight-year request passes.
District officials said 1.95 mills would generate more than $1.25 million annually based on 2015 taxable values.
If approved, the millage would cost the owner of a house with a market value of $150,000 an additional $146 a year.

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