Proposition 2½ and 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 https://youtu.be/0mCI6iqtGnM