By Kate Mudgett
Lansing Star staff writer
On Monday, Lansing City Council members voted 6-1 to hold a special election to increase the city’s property tax limit by 4 mills for a five-year period, 2011-2015.
A 4-mill increase would mean Lansing property owners would pay an additional $4 for every $1,000 of taxable value of a property. For example, the owner of a home with a market value of $150,000 would pay an additional $300 in property taxes. Taxable values are about half of market value.
Council member Brian Jeffries cast the lone opposition vote. Jeffries presented a smaller property tax increase proposal last year, but it was rejected.
According to the city clerk’s office, the election will cost $50,000 – $60,000 and is scheduled for May 3.
Council Vice President Kathie Dunbar, who proposed the tax increase, is worried about what the council will have to cut if this proposal does not pass. “Plan B’s not going to be pretty,” said Dunbar.