operating levies cannot increase
Operating levies are limited to the amount voted upon and do not increase as the valuation increases. For example if we vote 2 million dollar increase in tax burden in an operating levy, then they can collect only 2 million per year nothing more period without voter approval.
IF the tax burden is divided by 100 households being taxed when voted upon, then five years later the 2 million amount is divided by 200 households, an increase of 100 homes, technically the first 100 should see a decrease in their rate.
What does increase is the income tax collection if, in fact, the total income of the community RESIDENTS increases. Remember this school income tax is only paid by district residents, it does not include employees that may work in the district boundry limits.
For years the schools have fought to have the state law that limits the collection of the operating monies to the voted amount only, which allows no increases of the total amount collectable due to reappraisal or increased valuation changs. If that law was changed, they would not have to come to the ballot so often but, and this is a big BUT_..... you would definitely pay more taxes without voting for the increase. The current system requires some type of accountability, the effectiveness of which is debatable on both sides.
Operating levies are limited to the amount voted upon and do not increase as the valuation increases. For example if we vote 2 million dollar increase in tax burden in an operating levy, then they can collect only 2 million per year nothing more period without voter approval.
IF the tax burden is divided by 100 households being taxed when voted upon, then five years later the 2 million amount is divided by 200 households, an increase of 100 homes, technically the first 100 should see a decrease in their rate.
What does increase is the income tax collection if, in fact, the total income of the community RESIDENTS increases. Remember this school income tax is only paid by district residents, it does not include employees that may work in the district boundry limits.
For years the schools have fought to have the state law that limits the collection of the operating monies to the voted amount only, which allows no increases of the total amount collectable due to reappraisal or increased valuation changs. If that law was changed, they would not have to come to the ballot so often but, and this is a big BUT_..... you would definitely pay more taxes without voting for the increase. The current system requires some type of accountability, the effectiveness of which is debatable on both sides.



