Fire Protection District No. 5 Proposition
(Millage Continuation)
Shall Fire Protection District No. 5 of the Parishes of Terrebonne and Lafourche, State of Louisiana (the "District"), continue to levy and collect a special tax of 21.84 mills (the "Tax") on all property subject to taxation in the District (an estimated $961,000 reasonably expected at this time to be collected from the levy of the Tax for an entire year), for a period of 10 years, beginning with the year 2027 and ending with the year 2036, for the purpose of acquiring, constructing, maintaining and operating the District's fire protection and emergency medical service facilities, for purchasing fire trucks and other fire fighting or emergency medical service equipment and paying the cost of obtaining water for fire protection purposes, including charges for fire hydrant rentals and service, provided that a portion of the Tax proceeds is required to be contributed to state and statewide retirement systems as provided in R.S. 11:82, said millage to represent a 5.84 mills increase (due to reappraisal) over the 16 mills tax authorized to be levied through the year 2026 pursuant to an election held on November 21, 2015?