Maximum Levy Worksheet School District General Fund (Page 2 of 3) in pdf

Instructions For Maximum Levy Worksheet

For Tax Years Beginning With 2007

School District General Fund

This worksheet can be used to calculate the maximum dollars that can be levied for the general fund in a given school

district. One worksheet should be completed for the general fund of each school district.

Following are instructions for speciﬁ c item numbers:

1, 11 & 12.

Enter the dollar amount of taxes actually levied for the general fund as shown as the Fund Levy on the

Maximum Levy Worksheet for each of the years shown.

13.

The “base year” is the tax year with the highest amount levied in dollars in property taxes, of the three

tax years immediately preceding.

14.

Enter the dollar amount of any temporary increased or excess levy that was in effect for the base year

but is not in effect for the current year. Start with the dollar amount of the increased or excess levy

as approved by the voters and apply any percentage increases that were added as authorized by the

legislature.

17.

The calculated mill rate for the base year is the dollars of taxes levied divided by the sum of the taxable

value of the property subject to tax plus the taxable value of exempt* property.

18.

Enter the taxable value of taxable and exempt* property that was existing in the base year but is no

longer existing in the taxing district in the current year. Examples of reasons why the property no

longer exists in the taxing district include the following: destruction of property, demolition, removal of

structures or improvements, loss by annexation to another district. Do not include any change in value

caused by reassessment, change in classiﬁ cation, change in value made by any board of equalization, or

loss in value caused by taxable property becoming exempt*.

20.

Enter the taxable value of taxable and exempt* property that has been added to the taxing district since

the base year. Examples of property added include: new construction and property added by annexation.

Do not include any change in value caused by reassessment, change in classiﬁ cation, change in value

made by any board of equalization, or increase in value caused by exempt* property becoming taxable.

22.

Enter any increased, additional, or excess mill levy authorized by the legislature or the voters that was

not in effect in the base year.

Exempt* property means: property exempted from taxation as new or expanding businesses under North

Dakota Century Code ch. 40-57.1; improvements to property under N.D.C.C. ch. 57-02.2; or buildings

belonging to institutions of public charity (subsection 8,) new single-family residential (subsection 35)

or townhouse or condominium property (subsection 36,) property used for early childhood services

(subsection 37,) or pollution abatement improvements (subsection 38) under N.D.C.C. § 57-02-08.

Maximum Levy Worksheet School District General Fund Page 2