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2018 2019
<br />Calculated % Increase
<br />A.
<br />+
<br />Year 2018 ×
<br />B.
<br />C.
<br />D.A+B+C
<br />E.
<br />÷×$1,000
<br />F.
<br />×÷$1,000
<br />G.D+F
<br />H.
<br />+
<br />I.
<br />J.
<br />+
<br />K.
<br />―
<br />L.
<br />M
<br />M.
<br />N.
<br />O.
<br />÷×$1,000
<br />Page 2
<br />ACTUAL LEVY CALCULATION
<br />Population:
<br />Was a resolution/ordinance adopted authorizing an increase over the previous year's levy?
<br />TAXING DISTRICT Kittitas County Est 11-08-18 Levy For Taxes
<br />Lesser of L and O Amount on line J1 on page 1
<br />Regular Levy Rate Computation: Lesser of L and O divided by the assessed value in line J1 on page 1.
<br />1.131043018460
<br />Total: M +/- N …………………………………………………………………………. $8,411,132.23
<br />$8,411,132.23 $7,436,615,666 =
<br />Statutory limit from line H on page 1 (dollar amount, not the rate) …………………=$13,385,908.20
<br />Lesser of K and L …………………………………………………………………… $8,411,132.23
<br />Levy Corrections Year of Error:
<br />1. Minus amount over levied (if applicable) …………………………………………..
<br />Total
<br />Amount of taxes recovered due to a settlement of highly valued disputed property (RCW 84.52.018).
<br />$8,411,132.23 =$8,411,132.23
<br />Lesser of H, I, or J Amount Held in Abeyance
<br />$8,411,132.23
<br />Line G, Page 1 Amount to be Refunded Total
<br />Levy limit from line G on page 1, plus amount refunded or to be refunded (RCW 84.55.070).
<br />$8,411,132.23 =
<br />Total amount certified by county legislative authority or taxing district as applicable.
<br />(RCW 84.52.020 and RCW 84.52.070) ……………………………………………..=
<br />TB FR lL
<br />$8,500,000.00
<br />Total from Line G Amount to be Refunded Amount allowable per
<br />Resolution/Ordinance
<br />$9,243,126.23
<br />$9,243,126.23 =$9,243,126.23
<br />Total levy amount authorized by resolution (G) plus amount refunded or to be refunded (RCW 84.55.070).
<br />Annexed Area's A.V. Rate in Line E
<br />Total levy amount authorized, including the annexation ……………………………=
<br />1.131043018460 =
<br />Total in Line D on page 1 Assessed Value
<br />Annexed area's current assessed value including new construction and improvements, multiplied by the rate in E.
<br />Parts E through G are used in calculating the additional levy amounts due to annexation.
<br />To find the rate to be used in F, divide the levy amount as shown in D (page 1) by the current assessed value of the district,
<br />excluding the annexed area.
<br />$8,411,132.23 $7,436,615,666 =1.131043018460
<br />Amount for increase in value of state-assessed property (Line C, page 1)=$37,095.38
<br />=$9,243,126.23Regular property tax limit (based on the lesser of values in line A): ………
<br />(Line B, page 1) …………………………………………………………………….=$247,079.30
<br />If so, what was the percentage increase? 1.00%
<br />Previous year's actual levy times the increase as stated in ordinance or resolution (RCW 84.55.120). If the taxing district did
<br />not provide an ordinance or resolution use 100% in the field increasing the previous year's actual levy.
<br />$8,870,249.06 =$8,958,951.55
<br />Amount for new construction, improvements, and wind turbines, solar, biomass, and geothermal facilities.
<br />Was a second resolution/ordinance adopted authorizing an increase over the IPD?
<br />If so, what was the percentage increase? 0.999999993236%
<br />$8,958,951.55
<br />Plus Resolution Increase Amount
<br />Previous Year's Actual Levy 100% Plus the Percentage Increase
<br />101.000000000000%
<br />88,702.49 =
<br />Less than 10,000 10,000 or more
<br />No
<br />Yes
<br />Yes
<br />No N/A
<br />REV 64 0007 (9/11/15)
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