Maximum Levy Worksheet School District General Fund
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3MAXIMUM LEVY WORKSHEET - For Tax Years Beginning With 2007
SCHOOL DISTRICT GENERAL FUND
OFFICE OF STATE TAX COMMISSIONER
SFN 24754 (5-07)
School District
Tax Year
Calculation 1 (North Dakota Century Code § 57-15-14)
1. Taxes levied last year
2. Current year taxable value
3. Levy at 185 mills (No. 2 times 0.185)
4. 18 percent increase (No. 1 times 0.18)
5. Intentionally left blank
6. Levy with 18% increase (No. 1 + No. 4)
7. Levy with 18% increase, maximum 185 mills (No. 3 or No. 6, whichever is less)
8. Specifi ed mill rate approved by voters
9. Levy at specifi ed mills (No. 2 times No. 8)
Calculation 2 (N.D.C.C. § 57-15-01.1)
10. Taxes levied last year (Same as No. 1)
11. Taxes levied two years ago
12. Taxes levied three years ago
13. Base year (Largest of 10, 11 or 12)
14. Expired temporary levies (See instr.)
15. Base year taxes (No. 13 minus No. 14)
16. Base year taxable value of taxable and exempt
property.
17. Calculated mill rate for
18. Taxable value of taxable and exempt property which was in the taxing
19. Adjustment for property no longer in the taxing
taxes levied in the base
district in the base year and is not in the current year.
district (No. 17 times No. 18)
year (No. 15 ÷ No. 16)
20. Taxable value of taxable and exempt property which was not in the taxing
21. Adjustment for property added to the taxing
district in the base year.
district. (No. 17 times No. 20)
22. New or increased mills authorized by legislature or electors
23. New mills increase (No. 2 times No. 22)
24. Adjusted base year taxes (No. 15 minus No. 19 + No. 21 + No. 23)
Maximum Levy Calculation (N.D.C.C. § 57-15-01.1)
25. Max levy (Greatest of No. 7, 9, 24)
26. School district certifi ed general fund levy
27. Final levy (Lesser of No. 25 or No. 26)
28. General fund mill rate (No. 27 ÷ No. 2)
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Parent category: Financial