What are the key dates leading up to the May 4, 2021 bond vote?
Voter registration procedures have changed since the last election.
Absentee voter ballots will be available March 20 – May 4, 2021
The last day to register to vote by mail is April 19, 2021
In-person registration with your local clerk with proof of residency runs from April 20 – May 4, 2021 at 8 p.m.
The deadline for electors to obtain an absent voter ballot via First Class mail is April 30, 2021 at 5 p.m.
The deadline for electors to obtain an absent voter ballot in person in clerk’s office is May 3, 2021 at 4 p.m.
Election Day is Tuesday, May 4, 2021. Election day registrants can register in person with your township or city clerk, not at a precinct. Voters who register on Election Day get a ballot and can vote that day.
Where and when will the vote occur?
Tuesday, May 4, 2021 is election day, but absentee voting can occur leading up to that date. All registered voters may cast an absentee voter ballot by mail. Voters may cast a ballot at the polling location established by their city/township. If you have questions or do not know where you vote, please contact your city/township office. Polls will be open from 7:00 a.m. to 8:00 p.m. on Tuesday, May 4, 2021.
Where and when do I register to vote?
To vote in the May 4, 2021 school election, you must be a U.S. citizen; at least 18 years of age by Election Day; a resident of Michigan and Holt Public Schools and registered to vote. Please contact your Clerk to register or visit any Secretary of State office. Printable voter registration forms are available on the state website, www.michigan.gov/vote.
How do I apply to vote absentee?
Due to COVID-19, the Secretary of State is mailing absentee voter ballot applications to all registered voters. Registered voters must complete and submit the application to receive their absentee voter ballot. To vote by mail, fill out the application and sign it, and then mail or email it to your local clerk. For assistance in obtaining the address of your local clerk, visit Michigan.gov/vote. When filling out the application, if you check the box to be added to the permanent absentee voter list, you will get an application mailed to you before every election.
If you registered to vote after absentee voter ballot applications were mailed, applications may be obtained online at Michigan.gov/vote. Absentee voter ballots are available by March 20 through May 4, 2021.
Applications for Absentee Ballots are available:
At your Clerk’s office
Note: Once election ballots are available in the clerk’s office, you can walk into your clerk’s office, receive an absentee application, fill it out, and immediately be given your ballot to cast your vote.
If I rent a house, can I vote?
Yes, if you rent a house you can still vote. You must be a registered voter in the city or township you are living in.
If I live in an apartment or modular home park and do not pay property taxes, can I vote on the bond proposal and what financial impact does it have on me?
You can vote on the bond and there is no financial impact on you as you do not pay property taxes.
Where is my voting location?
Here are the locations, by township, for registering to vote, applying for an absentee ballot or voting in-person on Election Day:
If you are unsure of your precinct’s voting location, please visit the following link: https://mvic.sos.state.mi.us/Voter/Index
How will the bond proposal appear on the ballot?
HOLT PUBLIC SCHOOLS
Shall Holt Public Schools, Ingham and Eaton Counties, Michigan, borrow the sum of not to exceed One Hundred Forty-Eight Million Dollars ($148,000,000) and issue its general obligation unlimited tax bonds therefor, in one or more series, for the purpose of:
erecting, furnishing and equipping two new elementary school buildings; erecting, furnishing and equipping additions to school buildings; remodeling, furnishing and refurnishing and equipping and re-equipping school buildings; acquiring, installing, equipping and re-equipping school buildings for instructional technology; purchasing school buses; and acquiring, preparing, developing, improving and equipping playgrounds, athletic fields and facilities and sites?
The following is for informational purposes only:
The estimated millage that will be levied for the proposed bonds in 2021 is 3.39 mills ($3.39 on each $1,000 of taxable valuation) for a 1.77 mills net decrease from the prior year’s levy. The maximum number of years the bonds of any series may be outstanding, exclusive of any refunding, is twenty-six (26) years. The estimated simple average annual millage anticipated to be required to retire this bond debt is 5.68 mills ($5.68 on each $1,000 of taxable valuation).
The school district does not expect to borrow from the State to pay debt service on the bonds. The total amount of qualified bonds currently outstanding is $29,440,000. The total amount of qualified loans currently outstanding is $-0-. The estimated computed millage rate may change based on changes in certain circumstances.
(Pursuant to State law, expenditure of bond proceeds must be audited and the proceeds cannot be used for repair or maintenance costs, teacher, administrator or employee salaries, or other operating expenses.)
In the ballot language, the first paragraph states a not to exceed figure of $148,000,000 of general obligation unlimited tax bonds, what does this mean?
If this bond proposal is approved by voters, the maximum amount of bonds to be issued can be no greater than $148,000,000.
In the ballot language, it states that the estimated millage that will be levied in 2021 to pay the proposed bonds in the first year is 3.39 mills, what does this mean?
This means that the allocated bond millage for this proposal to be levied in the first year (2021) is 3.39 mills. (3.39 mills new bonds + 4.84 mills existing bonds = 8.23 total estimated 2021 millage rate.)
In the ballot language it states that the maximum number of years any series of bonds may be outstanding, exclusive of refunding, is not more than 26 years, what does this mean?
The school district plans to issue the bonds in 4 separate series, in 2021, 2023, 2025 and 2027. Each bond series would have a length of 26 years or shorter.
In the ballot language it states that estimated simple average annual millage that will be required to retire each bond series is 5.68 mills annually, what does this mean?
This means that over the entire life of the bond proposal (4 bond series) that the average annual bond millage rate is estimated to be 5.68 mills.
In the ballot language it states that the school district does not expect to borrow from the State to pay debt service on the bonds. What does this mean?
There is a State program known as the School Loan Revolving Fund ("SLRF") that assists school districts with completing voted bond issues by allowing schools to receive loans from the SLRF for bond payments. The school district does not anticipate borrowing from the SLRF for this proposal.
In the ballot language it states that the amount of qualified bonds currently outstanding is $29,440,000 and that the total amount of qualified loans currently outstanding is $0. What does this mean?
The Michigan School Bond Qualification and Loan Program ("SBQLP") is a state program that assists school districts with voted bond issues by providing a bond rating credit enhancement which assists in reducing borrowing costs. The term "qualified" in this case means that the school district has existing bonds outstanding that are qualified by the SBQLP. At the time of the election the principal amount of qualified bonds is $29,440,000. Another State program known as the School Loan Revolving Fund ("SLRF") provides loans to school districts to assist with voted bonds annual payments, if needed. The term "qualified loans" refers to any SLRF loan balances outstanding. The school district has not needed to borrow from this program and therefore the balance at the time of the election is $0.