Proposition 2½ and Tax Rate Process

Stats Clip Art

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       https://youtu.be/0mCI6iqtGnM