HANOVER, MI – The Hanover-Horton School District’s sinking fund is up for renewal this November.

Voters are being asked in the general election Tuesday, Nov. 4, to renew the Hanover-Horton School District sinking fund at its current tax rate of 0.9576 mill for eight years.

The current millage is set to expire at the end of 2026.

A sinking fund is used to pay for various capital projects without using the district’s general fund, which is used for school operations.

Projects funded by the sinking fund include purchasing real estate and constructing or repairing school buildings, as well as improving school security and upgrading technology.

One mill is equal to $1 paid in property taxes per every $1,000 of a property’s taxable value, roughly half of market value. As an example, a Jacks

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