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ATLANTA -- The Atlanta Community Schools sinking fund millage failed, with 596 people voting against the proposal and 539 voting in favor of it, according to unofficial results from the Montmorency County Clerk's Office.
Voters in Albert, Avery, Briley, Loud, Montmorency, and Vienna townships in Montmorency County had the opportunity to vote on a new sinking fund millage for Atlanta Schools in Tuesday's election.
Atlanta Schools Superintendent Tawny Hisscock said in July that the millage would generate about $225,000 per year for 10 years.
It was a one-mill proposal, meaning that a property with a taxable value of $50,000 would owe $50 annually in taxes.
Legally, the millage could only be used for facility improvements. The funding cannot be used for things like salaries, benefits, or general operating expenses like utilities.
The sinking fund is a “pay as you go” plan designed to maintain school facilities, infrastructure, and upgrade safety features without incurring new debt, according to a slideshow about the millage.
In July, Hisscock said that the high school section of the school was built in 1981, and the elementary section was built in 2001. The bus garage and storage garage were also built in 2001.
The aging facilities are in need of major infrastructure repairs and updates, Hisscock added.