Public Hearing Set for County Economic Tax

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At its Sept. 15, 2010 meeting, the Washtenaw County board of commissioners set a public hearing for Oct. 6 to get input on levying an economic development millage of 0.043 mills. Known as the Act 88 millage, it is expected to generate roughly $611,266 annually and would cost homeowners $4.30 for every $100,000 of a home’s taxable value. Because Act 88 predates the state’s Headlee Amendment, it can be approved by the board without a voter referendum. Last year, the board levied 0.04 mills under Act 88, and allocated funds to Ann Arbor SPARK and several other groups. The board is expected to vote on the millage at its Oct. 6 meeting.

This report, filed from the board meeting, will be followed by a detailed article: [link]