In May 2023 Grand Haven Area Public Schools seeks to pass a $155 million dollar bond. It is understood that the passage of this proposal will not result in a tax increase. However, a defeat of this proposal will result in a tax decrease by 4.2 mils, equating to a reduction of roughly $500-$1000 per year for an average size home. This decrease will come over the next two years as the existing bonds expire. You can get a better idea of your personal decrease by looking at your property tax receipt from the city or township. Look for “GH School Debt” under Taking Authority and 4.2 under tax rate.
Currently GHAPS holds four bonds.
$9,390,000 issued on 12/4/2013 - end date 2025
$19,325,000 issued 6/19/2014 - end date 2025
$7,735,000 issued on 12/28/2017 - end date 2025
$10,780,00 issued on 6/5/2020 - end date 2024
Currently the highest GHAPS bond is $19 million, and this time they are asking for a gargantuan $155 million!!
If the $155 million bond proposal passes, the 4.2 mils would be levied over 20 years. With inflation, that means home owners will likely end up paying over $20,000 for a new middle school and other renovations.