What is the 15 mill limitation regarding property tax?

The 15 mill limitation on property tax refers to a restriction that allows local governments in Michigan to levy property taxes up to a certain maximum rate, specifically set at 15 mills, without requiring a specific vote by the electorate. However, any increase beyond this limit must be approved through a local vote. Therefore, the correct answer highlights the process by which voters can decide on further increases in property tax rates above the established limitation.

This limitation was designed to protect property owners from excessive taxation while still allowing local governing bodies the flexibility to raise additional funds if necessary, provided they gain community consent through a democratic process. This has implications for budgeting and funding essential services at the local level, ensuring that taxpayers have a say in how much they are taxed beyond the standard limitation.

The other options do not accurately describe the nature of the 15 mill limitation. It does not universally disallow increases in property tax rates nor does it provide a base tax rate for improvement projects or standardize property tax rates across counties. Each municipality operates within the framework of the limitation while addressing its unique financial needs through voting measures.