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2018 2019
<br />A.
<br />Year 2018 ×
<br />B.
<br />÷ $1,000
<br />C.
<br />-=
<br />×÷$1,000
<br />D.A+B+C
<br />E.
<br />÷×$1,000
<br />F.
<br />×÷$1,000
<br />G.D+F
<br />H.
<br />×÷$1,000
<br />I.
<br />J.
<br />K.
<br />÷×$1,000
<br />÷×$1,000
<br />Page 1
<br />26,910,568.00$
<br />Levy Amount
<br />Parts E through G are used in calculating the additional levy limit due to annexation.
<br />$8,411,132.23
<br />To find the rate to be used in F, take the levy limit as shown in Line D above and divide it by the current assessed value of
<br />the district, excluding the annexed area.
<br />A.V. from Line K4 above
<br />$8,411,132.23
<br />$8,411,132.23
<br />Rate in Line E
<br />=
<br />1.131043018460
<br />Levy Amount
<br />Bond Levy Rate Computation
<br />Bond levy amount divided by the assessed value in Line K4 above.
<br />$7,389,561,816
<br />A.V. from Line K4 above
<br />=
<br />Annexed area's current assessed value including new construction and improvements, times the rate in Line E.
<br />1.131043018460
<br />Statutory Amount
<br />=
<br />=1.800000000000$7,436,615,666
<br />A.V. of District
<br />A.V.
<br />Remainder from Line C
<br />=
<br />$7,436,615,666
<br />Current Assessed Value
<br />Regular property tax limit: …………………………………….………….
<br />$491,026,853
<br />$37,095.38
<br />LEVY SHIFT
<br />=
<br />Highest Lawful Levy
<br />$247,079.301.378469000000
<br />Maximum Increase 101%
<br />Highest regular tax which could have been lawfully levied beginning with the 1985 levy (refund levy not included).
<br />$26,910,568
<br />Regular property tax limit including annexation …………………………………
<br /> HIGHEST LAWFUL LEVY CALCULATION
<br />TaxesTAXING DISTRICT Kittitas County Est 11-08-18 Levy for
<br />$8,126,957.55=$8,046,492.62
<br />$8,411,132.23
<br />$464,116,285
<br />101.000%
<br />$179,241,826
<br />Current year's assessed value of new construction, improvements, and wind turbines, solar, biomass, and geothermal
<br />facilities in original districts before annexation occurred times last year's levy rate (if an error occurred or an error correction
<br />was made in the previous year, use the rate that would have been levied had no error occurred).
<br />Current Year's. A.V. Previous Year's. A.V. Remainder
<br />=1.378469000000
<br />(1-2+3)
<br />=$7,389,561,816
<br />Excess Levy Rate Computation
<br />Excess levy amount divided by the assessed value in Line K4 above.
<br />=
<br />Total in Line D
<br />1. Total district taxable value (including state-assessed property, and excluding
<br />=
<br />Statutory Rate Limit
<br />Annexed Area's A.V.
<br />Statutory maximum rate times the assessed value of the district.
<br />Tax Base For Regular Levy
<br />$13,385,908.20
<br />3. Plus Timber Assessed Value (TAV) ………………………………...………..
<br />$7,436,615,666
<br />$47,053,850
<br />2. Less assessed value of the senior citizen exemption of less than $40,000 income
<br />difference between the lower of the frozen or market value and the exempt value)
<br />boats, timber assessed value, and the senior citizen exemption for the regular levy)
<br />Tax Base for Excess and Voted Bond Levies
<br />$7,389,561,816
<br />Last Year's Levy Rate
<br />Last Year's Levy Rate
<br />4. Tax base for excess and voted bond levies ………………………...…..……
<br />Highest Lawful Levy (Lesser of G and H) ……………………………………
<br />Current year's state assessed property value less last year's state assessed property value. The remainder is to be
<br />multiplied by last year's regular levy rate (or the rate that should have been levied).
<br />REV 64 0007 (9/11/15)
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