Woodland School District #50 2014 Tax Levy 10/28/2014.

Slides:

Advertisements

Similar presentations

Seminar on School Finance - Property Taxes and the Tax Levy (and other Local Revenues) IASBO Conference – May 19, 2011 Dave Lawson, Business Manager Johnsburg.

Advertisements

Seminar on School Finance - Property Taxes and the Tax Levy (and other Local Revenues) IASBO Conference – May 15, 2013 Dave Lawson, Director of Finance.

Preliminary Budget Update March 10, 2015 MARPLE NEWTOWN SCHOOL DISTRICT.

Thornton Township High School District 205 Presentation of Final Levy December 22, 2014.

REAL PROPERTY REASSESSMENT. This is the County’s sixth reassessment The 2013 property values for property tax purposes are as of December 31,

DEBT SERVICE EXTENSION BASE REFERENDUM Hartsburg-Emden District #21.

CLINTON COMMUNITY SCHOOL DISTRICT. MISSION STATEMENT The Clinton Community School District, proud to be in partnership with family and community, is committed.

Mattoon Community Unit School District #2 MCUSD# Tax Levy Presentation Presented: Tuesday, October 9, 2007 Board Action: Tuesday, November 13, 2007.

Clerk-Treasurer’s Conference Dan Jones Assistant Director of Budget Division October

Setting a Tax Rate Module 4. Getting Started!!! TEA has a worksheet entitled : Worksheet to Assist Districts in Calculating Rollback Rate.

Taxes and TIF’s A School District Perspective. What is the Tax Cap? What is the Tax Cap? (PTELL) The tax cap limits the extension of a taxing body’s budget.

2010 Property Tax Levy Prairie Grove School District 46.

Wisconsin Public Schools Revenue Limits. History 1949 –State adopted a system to address property- wealth differences among districts, which provided.

SETTING THE PROPERTY TAX RATE Micki Rundell, CFO City of Georgetown TML Presentation June 5, 2015.

2010 – 2011 Budget Workshop Jessica N. Hunt, CPA Business Manager Industrial Independent School District May 27, 2010.

Setting New Taxes Extension District Boards meet as soon as tax rates are received to recommend Extension Tax Rates. These rates will be used to develop.

July 31, 2014 Presented by Senator Christine Radogno 41 st District Representative Jim Durkin 82 nd District Representative Ron Sandack 81 st District.

Setting The Tax Rate Sponsored by: MASA & MoASBO Presenter: Chris Straub.

1 Newly Elected Township Trustees Meeting Department of Local Government Finance Dan Jones Budget Division Assistant Director November 17, 2010.

Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director Tuesday, July 7, 2015.

Understanding Your Property Tax Bill Tuesday, February 22, 2011, 6:00pm Thornton Room T-107 Thornton Township High School District 205.

Westchester Putnam School Boards Association John Chow Starr Dinio Maura McAward Linda Purvis.

Presentation to IASBO The Tax Cap, Issuing Debt, and the Law May 17, 2006 Tammie Beckwith Schallmo UBS Investment Bank Chicago, IL

Property Tax Cap Chapter 97 of the Laws of 2011 Cairo-Durham Central School District February 2, 2012 March 8, 2012.

Seminar on School Finance - Property Taxes and the Tax Levy (and other Local Revenues) Steve Miller CPA Senior Financial Advisor PMA Financial Network,

Integrity. Commitment. Performance.™ PMA Financial Planning Program January 22, 2014 Wheaton Warrenville CUSD 200.

2011 Tax Levy Hearing Board of Education Meeting December 19,

January 13,  Real property – land and improvements  Personal property – everything not included in real property.

Levy Components? EAV—Equalized Assessed Valuation Funds Fund Rate Overall Levy Rate.

Woodland School District # Tax Levy Hearing.

2013 IAHD Convention Boise Downtown Convention Center November 13, 2013 Idaho Tax Commission Gary Houde, Senior Research Analyst.

LOCKPORT CITY SCHOOL DISTRICT Budget Development Process for An Overview of the New Property Tax Cap Presented by Michelle T. Bradley Superintendent.

2013 Tax Levy Hearing Board of Education Meeting December 16,

Niagara Wheatfield Central School District Preliminary Budget March 5, 2014.

2015 Tax Levy Board of Education Meeting December 21,

Todd County Schools Setting the Tax Rates For School Year 2012.

Elizabeth M. Hennessy Managing Director October 27, 2015 City of DeKalb, Illinois Financing Update.

CITY OF DEKALB CITY OF DEKALB 2015 Property Tax Levy Presented to Finance Advisory Committee October 27, 2015.

Annual Property Tax Levy Rate Certification Finance, Governance, and Ethics Committee August 17, 2011.

Budget Workshop February 15, :00 O’Neill Public Schools Central Office - Board Room.

Annual Property Tax Levy Rate Certification Finance, Governance, and Ethics Committee August 21, 2013.

Annual Property Tax Levy Certification Finance and Audit Committee August 20, 2008.

BUDGET HEARING II Presented to the Board of Education MAY 10, 2016.

2016 UTAH TAXES NOW SB 38 and the Property Tax Notice.

Tax Levy Workshop Levy Certification Process September 2016.

 Tax levy estimate presented to Board November 11, 2013 {law requires at least 20 days before hearing/adoption}  December 5, 2013 publish public notice.

The “Property Tax Cap” Is it really 2%?. What is it really? Maximum Allowable Levy-Limits the annual growth of property taxes levied by local taxing entities.

Effects of Declining EAVs and Levy Abatements Grayslake ESD 46 September 21, 2011 Willard Rooks Helander Lake County Clerk.

North Dakota League of Cities- City Auditor Workshop 2016

Inaugural Extension Council Conference

The “Property Tax Cap” Is it really 2%?.

LEVY INFORMATION SYSTEM “Summer Levy”

CITY OF WASECA 2017 Property Tax Levy Based on Recommended Budget Truth In Taxation Meeting December 6, 2016.

Fairview South School District 72

Tax Levy Workshop Levy Certification Process

2017 Proposed Levy Dr. Glenn Schlichting Superintendent Steven Bahn

Fairview South School District 72

Fairview South School District 72

The “Property Tax Cap” Is it really 2%?.

Property Tax Extension Limitation Law (PTELL)

Budget changes Senate Bill 2288 and the changes it brought

Budget Planning February 14, 2018 Board of Education meeting

Mill Levies & Property Taxes

Tax Levy Workshop Levy Certification Process

Proposed 2018 Budget Truth In Taxation Hearing December 5, 2017

Five-Year Financial Forecast

WASHINGTON COMMUNITY HIGH SCHOOL 2017 Tax Levy

Independent School District No. 318 December 3, 2018

Presented to the Board of Education

General Government & Policy Committee 2020 Levy and Budget Discussion

Presentation transcript:

Woodland School District # Tax Levy 10/28/2014

Levy Process - Timeline October 28, 2014 Board Meeting Levy Certified for Publication as a Truth in Taxation Notice (required 20 days or more prior to Board action if the forecasted levy is greater than 5% of previous year) ▫Truth in Taxation Notice Published 11/14/2014 (required 7 to 14 days prior to adoption) November 25, 2014 Board Meeting Tax Levy Hearing followed by Levy Adoption ▫Filing Deadline: By last Tuesday in December Levy estimate confirmed – April 2015

Tax Levy Estimate – For Truth in Taxation Legal Notice Based on the following variables… CPI 1.5% Consumer Price Index - Confirmed 1/15/ Equalized Assessed Value - Expecting a reduction of 1.4%. EAV of $1,426,478,606 ▫Includes: New Construction $5.0 Plus TIF Retirement $8.8 PTELL - Property Tax Extension Levy Limitation Limiting Rate Calculation – Determines base rate allowable under the tax cap

Consumer Price Index 1.5% for 2014 Levy % Change December to December

Equalized Assessed Value $1,426,478,606 Estimate for 2014 Levy $5.0 New Construction / $8.8 TIF Retirement

Tax Rate allowable under the tax Cap – PTELL Property Tax Extension Levy Limitation

District Tax Levy is Subject to Rate Maximums

2014 Truth in Taxation Notice

Questions