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HIGHEST LAWFUL LEVY CALCULATION <br />Levy shift with bank capacity of 20% plus 1% HHL = percentage increase 21% <br />TAXING DISTRICT Kittitas Co Road Est 11-08-18 2018 Levy for 2019 Taxes <br />A. Highest regular tax which could have been lawfully levied beginning with the 1985 levy (refund levy not included). <br />Year 2018 $6,703,195.83 x 101.000% _ $6,770,227.79 <br />Highest Lawful Levy Maximum Increase 101% <br />B. 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 />$147,567,221 0.972656000000 _ $1,000 = $143,532.14 <br />A.V. Last Year's Levy Rate <br />C. 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 />$423,521,771 - $412,240,140 = $ 11,281,631.00 <br />Current Year's. A.V. Previous Year's. A.V. Remainder <br />$11,281,631 x 0.972656000000 _ $1,000 = $10,973.15 <br />Remainder from Line C Last Year's Levy Rate <br />D. Regular property tax limit: ........................... ............................ A+B+C = $6,924,733.08 <br />I. Highest Lawful Levy (Lesser of G and H) .......................................... _ $6,924,733.08 <br />J. Tax Base For Regular Levy <br />1. Total district taxable value (including state -assessed property, and excluding <br />boats, timber assessed value, and the senior citizen exemption for the regular levy) <br />K. Tax Base for Excess and Voted Bond Levies <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 />3. Plus Timber Assessed Value (TAV).................................................. <br />4. Tax base for excess and voted bond levies ......................................... (1-2+3) <br />Excess Levy Rate Computation <br />Excess levy amount divided by the assessed value in Line K4 above. <br />$5,214,529,639 x $1,000 — <br />Levy Amount A.V. from Line K4 above <br />Bond Levy Rate Computation <br />Bond levy amount divided by the assessed value in Line K4 above. <br />J. $5,214,529,639 x $1,000 T <br />Levy Amount A V_ from Line K4 above <br />Page 1 <br />REV 64 0007 (9111/15) <br />