2009 State Millage Rate Analysis_walsh

A Comparison of 2009 Michigan Local Education Authority Millage Rates TOTAL Local Education Authorities (LEA's) in Michigan GPPPS Non-Homestead Millage Rate (2009) Average of All LEA's Non-Homestead Basic Millage # of LEA's Levying 18 Mills on Non-Homestead # of LEA's Levying between 17 and 18 Mills on Non-Homestead # of LEA's Levying 17 mills or higher on Non-Homestead Basic

551 18.0000 17.6642 425 94 519

Percentage 100.0%

GPPSS is _______ than average:

.3358 higher 77.1% 17.1% 94.2%

# of LEA's Levying a Homestead Hold Harmless Millage GPPSS 2009 Homestead Hold Harmless Millage Rate Avg. Homestead Hold Harmless Millage Rate

28 5.7666 4.7106

5.1%

# of LEA's Levying a Sinking Fund GPPSS 2009 Sinking Fund Millage Rate # of LEA's Levying a Debt Millage GPPSS 2009 Debt Millage Rate

141 0.9738 475 1.2761

25.6%

Avg Debt Millage of All LEA's Avg Debt Millage of LEA's Levying a Debt Millage Avg Sinking Fund Millage of All LEA's Avg Sinking Fund Millage of LEA's Levying a Sinking Fund Avg Debt Millage of LEA's Who Levy a Sinking Fund Avg. SF Millage Rate of LEAs who Levy a Hold Harmless Millage Avg. Debt Millage Rate of LEA's Who Levy a Hold Harmless Millage Avg Sinking Fund Millage of Hold Harmless and Sinking Fund Millage LEAs Avg Debt Millage of Hold Harmless and Debt Millage LEAs

4.1353 4.7882 0.3559 1.3881 3.1678 0.6460 3.7928 0.8913 3.6715

2.8592 lower 3.5121 lower .6179 higher .4143 lower 1.8917 lower .3278 higher 2.5167 lower .0825 higher 2.3954 lower

Avg Total Homestead Mills Levied by Hold Harmless LEA's Avg Total Homestead Mills Levied by All LEA's

9.1709 4.7310

1.1544 lower 3.2855 higher

Source: Michigan Department of Education

1.0560 higher

86.2%

Prepared by: Brendan Walsh, August 2, 2009