§ 101270 County District Tax Levy

This law says the county board must set a yearly property tax that raises enough money for the district, but it can’t be higher than the limit set in another rule.

Key Takeaways

•The board must set a property tax every year.
•The tax rate is chosen to raise the amount the board says is needed, plus a little extra for late payments and collection costs.
•The rate can’t be higher than the maximum limit set in another rule (§ 101265).

Example

The county needs $500,000 for road repairs and schools. They look at all the houses and businesses in the area, add up their assessed values, and then pick a tax rate that will bring in that $500,000 (plus a little extra for late payments and collection costs) without going over the maximum rate allowed.

The board calculates a tax rate that will collect the needed money from all property owners, making sure the rate stays under the legal cap.

How to Calculate

Tax Rate = (Needed Amount + Delinquency Allowance + Collection Cost) ÷ Total Assessed Value of Taxable Property

Find out how much money the board says it needs to raise (the "Needed Amount").
Add an estimate for people who might pay late (Delinquency Allowance) and the cost of collecting the tax (Collection Cost).
Add up the assessed values of all taxable real and personal property in the district (Total Assessed Value).
Divide the total from Step 2 by the total from Step 3. The result is the tax rate (as a percent).
Check that the rate you got does not exceed the maximum rate allowed by § 101265.

The board decides it needs $800,000. They expect $20,000 in late‑payment fees and $30,000 in collection costs. The total assessed value of all property in the district is $40,000,000.

Result: Tax Rate = (800,000 + 20,000 + 30,000) ÷ 40,000,000 = 850,000 ÷ 40,000,000 = 0.02125, or about 2.13%.

Annually at the time of levying county taxes, the board of supervisors shall levy a tax upon all the taxable real and personal property within the district. Subject to the maximum limits prescribed by Section 101265, the rate shall be such as will produce, after due allowance for delinquency and cost of collection, the amounts determined by the board of directors as necessary to be raised by taxation and as set forth in the statement required by Section 101269. The tax rate so levied shall apply to all the taxable real and personal property within the district as they appear on the assessment roll of the county. (Added by Stats. 1971, Ch. 1161.)

This law says the county board must set a yearly property tax that raises enough money for the district, but it can’t be higher than the limit set in another rule.

Key Takeaways

•The board must set a property tax every year.
•The tax rate is chosen to raise the amount the board says is needed, plus a little extra for late payments and collection costs.
•The rate can’t be higher than the maximum limit set in another rule (§ 101265).

Example

The board calculates a tax rate that will collect the needed money from all property owners, making sure the rate stays under the legal cap.

How to Calculate

Tax Rate = (Needed Amount + Delinquency Allowance + Collection Cost) ÷ Total Assessed Value of Taxable Property

Find out how much money the board says it needs to raise (the "Needed Amount").
Add an estimate for people who might pay late (Delinquency Allowance) and the cost of collecting the tax (Collection Cost).
Add up the assessed values of all taxable real and personal property in the district (Total Assessed Value).
Divide the total from Step 2 by the total from Step 3. The result is the tax rate (as a percent).
Check that the rate you got does not exceed the maximum rate allowed by § 101265.

The board decides it needs $800,000. They expect $20,000 in late‑payment fees and $30,000 in collection costs. The total assessed value of all property in the district is $40,000,000.

Result: Tax Rate = (800,000 + 20,000 + 30,000) ÷ 40,000,000 = 850,000 ÷ 40,000,000 = 0.02125, or about 2.13%.

Key Takeaways

Example

How to Calculate

Key Terms

References

§ 101270 County District Tax Levy

Key Takeaways

Example

How to Calculate

Key Terms

References

Key Takeaways

Example

How to Calculate

Key Terms

Related Statutes

References

Key Takeaways

Example

How to Calculate

Key Terms

Related Statutes

References