Understanding Headlee Webinar
Wednesday, February 22, 2017
10:30 - 11:30 a.m.
What is the Headlee tax amendment, Headlee override and Headlee Rollback?
In 1978, Michigan voters approved the "Headlee" tax limitation amendments to the Michigan Constitution. It established an overall limitation on total state spending each fiscal year and limited the tax revenues. Taxpayers whose assessments grew faster than the inflation rate had their property tax increases limited. Headlee requires a local unit of government to reduce its millage when annual growth on existing property is greater than the rate of inflation. As a consequence, the local unit’s millage rate is “rolled back” so that the resulting growth in property tax revenue, community-wide, is no more than the rate of inflation. A “Headlee override” is a vote by the electors to return the millage to the amount originally authorized via charter, state statute, or a vote of the people, and is necessary to counteract the effects of the “Headlee Rollback.”
What does this mean to funding from library millages and how did the passage of proposal A in 1994 place limitations on how much assessments and taxes could go up each year? Join us for a quick analysis and explanation of what you should know and what you can do to best work with the Headlee tax situation.
Presented by Anne Seurynck, Foster Swift Colling & Smith PC
Click here to register.
MLA Member Non-Member
By Tuesday, February 21, 2017 $ 25.00 $35.00
A. Cancellations must be received in writing by e-mail no later than five (5) business days prior to the program in order to qualify for a refund. Within five (5) business days of the webinar, no refund will be issued. No-shows will be invoiced. Cancellation of a registration for a webinar that has been recorded does not qualify for a refund.
B. Refund requests as a result of technical issues:
- If a technical failure at the attendee's home or workplace prevents access to the live webinar, the attendee will not be given a refund. It is the responsibility of the attendee to confirm system requirements and test their computers prior to the start of the webinar.
- If a technical failure is the fault of the service provider and the webinar is cancelled, a full refund will be provided.
C. For purchases of recorded webinars: no refund will be given.