Proposition 2½ & Tax Rate Process

• What is Proposition 2 1/2?
• What is a Levy Limit and how is it calculated?
• What is new growth and how is it calculated?
• What is the levy ceiling and how is it calculated?
• How can a community levy above its levy ceiling?
• What is a levy limit override or underride?
• What is an exclusion? 
• What is the differences between overrides and exclusions?
• What is excess levy capacity?

Explanation Videos