Deception #9 and not done with the first page!
The mailers proclaims, "Troy doesn't need another $86,000,000 of your money!"
A whole lotta crazy!!!
First TCU claimed that Troy's Library Proposal 1 will raise 2 mills, but that's not true. By definition, Proposal 1 asks for 0.9885 for a capped ten years. It cannot be raised until after 10 years by a vote of the people. So they are basing this number on 2 mills, which is not accurate.
The first year, Proposal 1 will raise $4.3 million for the library. But Oakland County says Troy property values will continue to fall for the next 4 years. That means this budget will slide down for the first 4 years as well.
Even if our property values froze solid for the next 10 years, Proposal 1 would raise half of what TCU claims -- $43,000,000. But divide that by 10 and you'll see that it's simply a reasonable library budget to pay for salaries, programs, utilities, materials, etc. If they put all that money into a library, there would be no money left to run it!
This deception inflames the conspiracy theory that the Friends of the Library want to build a new building. But they can't. This will only be enough money to run the library, hopefully at the same quality levels as in 2009, for 10 years.
Don't listen to their noise. The TCU will have a victory party if the library closes.
Please vote yes on Proposal 1 and No on the other, fake proposals.