LUDINGTON AREA SCHOOL DISTRICT
COUNTY OF MASON, STATE OF MICHIGAN
MAY, 2019 BOND PROPOSAL
ESTIMATED MILLAGE IMPACT CALCULATOR
Directions: Enter your market value figure in highlighted blue box below.
Estimated
Market Value
Market Value
Taxable
Value
Value
Enter homestead market value from last property tax bill
(Taxable value is approximately 50% of the market value)
(Taxable value is approximately 50% of the market value)
Estimated annual property tax bill increase
Estimated increase per month
Estimated millage to be levied for the proposed bonds in 2019:
Notes:
The above is an ESTIMATE of your net tax impact from the increase in millage for the above proposed bond issue. It is an estimate only and should not be relied upon as tax advice.
You should consult your tax advisor to determine the exact impact on your tax computations.
