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LEVY LIMITATIONS WORKSHEET
<br />TAXING DIS
<br />Instructions
<br />2022 Levyfor 2023 Taxes
<br />all other self populate.
<br />Tax increment finance area incremenl AV increase (RCW 84.55.010(1xe)) lvatue inctuded in B & D cannot be inctuded in
<br />$7,906,244.54
<br />$401,549,494 $ 22,174,134,00
<br />$23,078.44
<br />levied not
<br />x
<br />A+B+C+D
<br />Last Yea/s Levy Rate
<br />$1,000l=04078209000a
<br />Last Year's Levy Rate
<br />c)x
<br />Hlghost Limil Factor/ftilax lncrease I O1 o/o
<br />have
<br />x
<br />Previous Year'6 A.V,
<br />822,1 134
<br />LaMul Levy Since i g8s
<br />B. Current yea/s assessed value of new construction, improvements, and wind turbines , solar, biomass,facilities in original districts befo re annexation occurred times last yea/s levy rate (if an error occurredwas made in the previous year, use the rate that would been levied had no enor occurred).$499,548,957 1.040782000000 + $'1,000A.V Year's Levy Rate
<br />$0.00
<br />property value less last year's state assessed property value. The remainder is to be multiplied(or the rate that should have been levied)
<br />g
<br />nning with the 1985 levy (refundr tax which could have been
<br />2022
<br />'t.040782000000
<br />from
<br />101.000%
<br />Highest
<br />Year
<br />RemainOer
<br />$1,000 =
<br />AV.
<br />Current year's state assessed
<br />by last year's regular levy rate
<br />$423,723,628
<br />Cunent Yea/s A V.
<br />$7,827,9M.89 x
<br />and geothermal
<br />or an error correction
<br />$519,921.56
<br />E. Regular property tax limit:
<br />Parts F through H are used in calculating the levy limit due to annexation
<br />F' To find the rate to be u.sed in G, take the levy limit as shown in Line E above and divide it by the current assessed value ofthe district, excluding the annexed area.
<br />$8,449,244.54 * $n,221,117,511
<br />Assessed Value Less Annexed AV
<br />, $1,OOO = 0.869158548997Totat in Line E
<br />G. Annexed area's currenl assessed value including new construction and improvements, times the rate in Line Fx0.869158548997
<br />%
<br />Rate in Line F
<br />+ $1,000 0AnnexedArea's A.V
<br />H. Regular property tax limit including annexation ,..E+G =$8,449,244.54
<br />t-Statutory maximum calculation
<br />Only enter lire/RFA rate, library rate, & firellghter
<br />2.250000000000
<br />pension fund rate for cities annexed to a flre/RFA or library, or has a frrefighters pension fund.
<br />Fireti g hteffiEii,n-Fl * #District base levy rate
<br />$9,721,177,51'l
<br />A.V, of Distdct
<br />or RFA Rate Rate
<br />x 2.250000000000 $1,000 $21,872,649.40
<br />Rate
<br />Highest lawfut Lerry For This Tax Year (Lesser of H and t)
<br />K. New highest tawful tevy since t9g5 (Lesser of I & H minus C, unless A (before limit $8,449,244.54
<br />L. Tax Base For Excese Levles
<br />1 Regular levy taxab le value (i nclud ing state-assessed property,and excluding
<br />boats,timber assessed value,and the senior citizen exemption for th A regular levy)$s,721,177,5112Lessassessedvalueoftheseniorcitizenexemptionoflessthan$40,000 incomeofthemedianhousehold
<br />or 650/o
<br />income for the cou nty based on lower of frozen or market value3.Plus Timber Assessed Value (rAV)
<br />4.Tax ba se for excess and voted bond levies (1 _2+3)$9,721 ,177,51'l
<br />+ _$9,721,177,511 x $1.000 =ffi .'
<br />Bond levy amount divided by the assessed value in Line L4 above.
<br />0.000000000000
<br />T 0.000000000000$1,000
<br />Excess Levy Rate Computation -Excess levy amount divided by the assessed value in Line L4 above
<br />Bond Levy Rate Computation -
<br />Levy Amount
<br />$9,721,177,511
<br />REV
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