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Wayne Michigan Form 1099-A: What You Should Know

Tax Free Savings Bonds (T-Bonds) — The Division of Developmental Services On June 22, 2018, the Division of Developmental Services (DDS) will be discontinuing the Tax Free Savings Bonds program to give consideration to possible future use of a new program, the Cash for Clunkers program; this decision was made because DDS will have a greater presence at the cash register at local stores. Effective immediately, the following items will no longer be allowed into the Cash for Junk program: -Items valued at up to 300 -Items valued at less than 300 -Items that are in your possession, custody, or control for any reason -Items not being used for a particular purpose New Vehicle Registration Fee for 2018, On September 30, 2018, the Department of Motor Vehicles is increasing the registration fee for all motorcycles, mopeds, and scooters from 20. The department will also increase the fee for trailers and semitrailers from 10 up to 40, effective October 1, 2018. Additionally, the registration fee for motorized bikes will be 75; a similar fee will be charged for motorcycles. For more information, visit our registration fee page. Tax-Free Savings, Bond Funds for Education, and Housing Account On April 1, 2018, the Board of Supervisors provided additional funding for the Tax-Free Savings Bonds program to ensure that the program's continued success. With the additional bond funds, the program is now funded at the levels it was previously funded. All outstanding bonds will be collected and paid within a year.  This is a small but important component of the county's efforts to make the County's public education funding available to those who are the least able to afford it.  On February 15, 2018, the Board of Supervisors approved a 1,500,000 commitment from the County to pay the bonds for all new school construction projects. The Department of Education will distribute the funds within 30 days of the vote. New School Project Funding — Department of Education Superintendents will be responsible for selecting their top three priority projects in each of the school system's seven grades, making sure that each one is funded by 2019, at an inflation-adjusted rate. Superintendents will be able to choose from a choice of projects ranging from capital projects to teacher training, and each will be evaluated individually.

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