Issue 10: Proposed Tax Levy (Renewal and Decrease)

A renewal of part of an existing levy, being a
reduction of 1 mill for each $1 of taxable value,
to constitute a tax for the benefit of Village of
Marblehead for the purpose of general
construction, reconstruction, resurfacing, and
repair of streets, roads, and bridges in
municipal corporations and for constructing,
rehabilitating, repairing, or maintaining
sidewalks, walkways, trails, bicycle pathways,
or similar improvements, or acquiring
ownership interests in land necessary for the
foregoing improvements that the county auditor
estimates will collect $250,800 annually, at a
rate not exceeding 1 mill for each $1 of taxable
value, which amounts to $35 for each
$100,000 of the county auditor's market value,
for 5 years, commencing in 2026, first due in
calendar year 2027.