Mona Shores voters face ballot issues

Mona Shores voters face ballot issues
"Furthermore, if a requested five-year Headlee Amendment override isn’t renewed, Mona Shore could lose nearly $300,000 the first year in nonhomestead property tax collections, according to ballot language. Districts where overall property values rise faster than inflation cannot levy the full 18 mills unless voters agree to waive the effects of the Headlee Amendment, which restricts property tax collections to the rate of inflation.

Mona Shores is asking voters to approve a renewal of 18 mills on nonhomestead property for five years, which would raise $5,430,232 the first year.

The separate Headlee override, levied only as needed, would permit the district to levy up to 1 mill for five years. It would raise an estimated $294,076 the first year."