Notice of Public Hearing

on Increasing Property Taxes

Truth in Taxation Notice

The Village Council of the Village of Lake Orion

will hold a public hearing on a proposed

increase of 0.4014 mills in the operating

tax millage rate to be levied in 2018.

The hearing will be held on Monday,

May 14, 2018 at 7:30 p.m.

at Village of Lake Orion Council Chamber

21 East Church Street, Lake Orion MI 48362.

The date and location of the meeting to take action

on the proposed additional millage will be announced at

this public meeting.

If adopted, the proposed additional millage will

increase operating revenues from ad valorem property

taxes 4.13% over such revenues generated by

levies permitted without holding a hearing. If the

proposed additional millage rate is not approved the

operating revenue will increase by $51,979 over

the preceding year’s operating revenue.

The 2018 tax millage rate is proposed to remain the same

as the 2017 rate 10.1136 mills.

The taxing unit publishing this notice, and identified

below, has complete authority to establish the number

of mills to be levied from within its authorized millage rate.

This notice is published by:

Village of Lake Orion

21 East Church St.

Lake Orion, MI 48362

(248) 693-8391