OFFICIAL LIST OF PROPOSALS SPECIAL ELECTION FEBRUARY 25, 2014

CLAWSON PUBLIC SCHOOLS COUNTY OF OAKLAND STATE OF MICHIGAN SCHOOL IMPROVEMENT BOND PROPOSITION Shall the Clawson Public Schools, County of Oakland, State of Michigan, borrow the sum of not to exceed Nine Million Nine Hundred Eighty Thousand ($9,980,000) Dollars and issue its general obligation unlimited tax bonds therefor, in one or more series, for the purpose of paying for the cost of the following projects: -Remodeling, equipping, re-equipping, furnishing, re-furnishing school buildings and other facilities to enhance security and for other purposes; and -Preparing, developing and improving sites at school buildings and other facilities? YES _______ NO _______ The maximum number of years the bonds may be outstanding, exclusive of refunding, is not more than twenty (20) years; the estimated millage that will be levied to pay the proposed bonds in the first year is 0 mills (which is equal to $0.00 per $1,000 of taxable value); and the estimated simple average annual millage that will be required to retire the bonds over twenty (20) years is 3.33 mills annually ($3.33 per $1,000 of taxable value). If approved by the voters, the bonds will be guaranteed by the State under the School Bond Qualification and Loan Program (the Program). The School District currently has $19,635,000 of qualified bonds outstanding and $0 of qualified loans outstanding under the Program. The School District expects to borrow from the Program to pay debt service on these bonds. The estimated total principal amount of additional borrowing is $7,751,500 and the estimated total interest thereon is $9,525,290. The estimated duration of the millage levy associated with the bonds is 26 years and the estimated computed millage rate for such levy is 7.18 mills. The estimated computed millage rate to be levied to pay the proposed bonds may change in the future based on changes in certain circumstances. (Pursuant to State law, expenditure of bond proceeds must be audited, and the proceeds cannot be used for teacher, administrator or employee salaries, repair or maintenance costs or other operating expenses.) WEST BLOOMFIELD SCHOOL DISTRICT COUNTY OF OAKLAND STATE OF MICHIGAN OPERATING MILLAGE RENEWAL PROPOSAL This proposal, if approved by the electors, will allow the West Bloomfield School District to continue to levy the number of operating mills required for the School District to receive revenues at the full per pupil foundation allowance permitted by the State of Michigan.

Shall the limitation on the total amount of taxes which may be assessed against all property, except principal residence and other property exempted by law, situated within the West Bloomfield School District, County of Oakland, State of Michigan, be increased as provided in the Michigan Constitution, in the amount of 18 mills ($18.00 on each $1,000 of taxable valuation), and against all principal residences and other property not exempted by law, by 5 mills ($5.00 on each $1,000 of taxable valuation), both millages to be for a period of ten (10) years, from January 1, 2015 through December 31, 2024, inclusive with 17.8597 mills of the above 18 mills and the above 5 mills (which is a reduction from the 5.1603 mills previously authorized by the electors) being a renewal of authorized millages which would otherwise expire on December 31, 2014 and .1403 mills of the above 18 mills being a restoration of millage lost as a result of the reduction required by the Michigan Constitution? These operating millages if approved and levied, would provide estimated revenues to the School District of Eleven Million Two Hundred Thousand ($11,200,000) Dollars during the 2015 calendar year, to be used for general operating purposes. SALEM-SOUTH LYON DISTRICT LIBRARY Library Millage Proposal Shall the Salem-South Lyon District Library, be authorized to levy an additional tax up to an amount not to exceed 0.495 mills ($0.495 on each $1,000 dollars of taxable value) against all property subject to ad valorem taxation within the Salem-South Lyon Library District for a period of twenty years, 2014 to 2033, inclusive, for the purpose of providing funds for all district library purposes authorized by law; and shall the Salem-South Lyon District Library levy such millage for said such purpose? The estimated revenue of the Salem-South Lyon Library will collect if the millage is approved and levied by the Library in the 2014 calendar year is approximately $310,103 inclusive of all properties located within the Salem-South Lyon Library District. Additionally, it is estimated that the revenue collected by the South Lyon Downtown Development Authority District, as required by law, from all properties within the South Lyon Downtown Development Authority District would be $3,978.