Q1: Library Millage Renewal
Proposing a total mil rate of 3.31 to fund daily operations: collections, programs, staff, supplies
Shall the Ferndale Area District Library, County of Oakland, State of Michigan, be authorized to levy a millage annually in an amount not to exceed 3.31 mills ($3.31 per each $1,000 of taxable value), of which 2.81 mills is a renewal of the previously authorized millage rate that expires in 2026 and an additional .50 mill, against all taxable property within the Ferndale Area District Library district for a period of ten (10) years, 2027 through 2036, inclusive, for the purpose of providing funds for all district library purposes authorized by law? The estimate of the revenue the Ferndale Area District Library will collect in the first year of levy (2027) if the millage is approved and levied by the Library is approximately $3,400,000. By law, a portion of the revenue from the millage may be subject to capture by the City of Ferndale Brownfield Redevelopment Authority.
Q2: Library Capital Improvement and Maintenance Millage Proposal
Longer-term projects, maintenance, and building upkeep
Shall the Ferndale Area District Library, County of Oakland, be authorized to levy a new additional millage annually in an amount not to exceed .50 mill ($0.50 per each $1,000 of taxable value), against all taxable property within the Ferndale Area District Library district for a period of ten (10) years, 2027 through 2036, inclusive, for the purpose of providing funds for maintaining, improving, and updating the Library’s capital assets, including the building and its technology? Funds from this millage would be used for expenditures that increase the lifespan, accessibility, and value of library facilities and technology, including repairing or replacing the geothermal HVAC system (installed in 2011), roofing, siding, and flooring (installed in 2010), and updating the ethernet capacity (last updated in 2012). The estimate of the revenue the Ferndale Area District Library will collect in the first year of levy (2027) if the millage is approved and levied by the Library is approximately $515,000. By law, a portion of the revenue from the millage may be subject to capture by the City of Ferndale Brownfield Redevelopment Authority.