Ballot Language for Proposal 1:
Shall the 15 mill limitation on General Ad Valorem taxes within the County of Lenawee imposed under Article IX, Section 6 of the Michigan Constitution be increased by .28 mills ($.28 per $1,000 of taxable value) for a period of four (4) years, 2011 through 2014 inclusive, for the purpose of providing services to promote economic development and job creation in Lenawee County and shall the County levy such millage for the said purpose during such period, which increase shall raise in the first year of levy an estimated $882,964.
Everything you wanted to know about the LEDC financials, but didn’t know who to ask. Below is a list of all the financials for the LEDC (Lenawee Economic Development Corporation) from 2009 to current.
LEDC_P&L2009 -Profit and Loss Statement, Balance Sheet, Income, Transactions by Account
LEDC_P&L2010 -Profit and Loss Statement. Balance Sheet, Income, Transactions by Account
BE SURE TO VOTE ON NOVEMBER 8
I recommend not only voting on November 8, but voting NO, we shall not disregard the Michigan Constitution and increase Michigan’s debt ceiling! We want our legislators to stop playing games, focus on the real problems and work within their allotted budget!