Form Sfn 24754 - Maximum Levy Worksheet - For Tax Years Beginning With 2009 (Page 3 of 3) in pdf

Form Sfn 24754 - Maximum Levy Worksheet - For Tax Years Beginning With 2009 Page 3

School District General Fund Maximum Levy

School districts are permitted the following alternatives to calculate the maximum levy for the

general fund:

1. The amount levied in dollars for the last school year plus 12 percent but not to exceed 185

mills. See North Dakota Century Code § 57-15-14. No. 7 on the worksheet.

2. The amount raised by voter-approved unlimited levy (through taxable year 2015) or speci-

ﬁ ed number of mills applied to the current year taxable value. See N.D.C.C.

§§ 57-15-14(1) and 57-15-14(2). No. 9 on the worksheet.

3. The number of dollars levied in the base year (adjusted for expired temporary levies and

property added to or removed from the assessment rolls), plus any new mill levies autho-

rized by the legislature or the electors that were not in effect in the base year, and reduced

by the amount by which the Mill Levy Reduction Grant for the budget year exceeds the

amount of the Mill Levy Reduction Grant for the base year.

4. To be eligible to receive a Mill Levy Reduction Grant under ch. 57-64, a qualifying school

district must establish a spending level that does not result in a general fund mill rate ex-

ceeding 110 mills. Exceptions:

a. The district has approval of a majority of the electors of the school district for a

higher levy;

b. The higher levy is the result of a school district reorganization in compliance with

ch. 15.1-12; or

c. The higher levy does not produce an amount in dollars exceeding the amount

allowed under § 57-15-01.1 for taxable year 2008 reduced by the amount of the

school district’s mill levy reduction grant under § 57-64-02 for the budget year.

5. If the Mill Levy Reduction Grant for the budget year reduces the school district general

fund levy to zero, the excess Mill Levy Reduction Grant must be applied ﬁ rst to reduce the

high school tuition levy and then to reduce the high school transportation levy. See the

special Maximum Levy Worksheet and instructions for those two funds.

Form Sfn 24754 - Maximum Levy Worksheet - For Tax Years Beginning With 2009 Page 3