FY 2007 School District Outstanding Property Tax Levies and Maximum Levy Limitations

 

Sidney

 

 

April 5, 2007

6003

 

 

 

 

 

 

School District Maximums

Iowa Code

Max Total $

Max Total Rate

Max Surtax 

Final Year

Authorized Maximums

Reference

Instructional Support Authority

$0

10.00%

20%

2016

10% of regular program

257.18

Ed Improvement Authority

$0

0.00%

na

vote to rescind

25% of regular program

257.29

General Fund (Total w/ISL & Ed Imp)

 

 

 

annual

formula based

Chapter 257

Management

 

 

 

annual

limited by use of funds

298.4

Amana Library

 

0.00000

 

vote to rescind

$.20 property tax limit

298.7

Voted Physical Plant & Equipment

$0

0.00000

na

0

$1.34 property tax  limit

298.2

Regular Physical Plant & Equipment

 

 

 

annual

$.33 property tax  limit

298.2

Public Education/Recreation  (Playground)

 

0.00000

 

vote to rescind

$.135 property tax  limit

300.2

Debt Service

 

4.05000

 

ballot determined

$2.70/$4.05 property tax  limit

298.18

 

FY 2007 Property Tax

FY 2007 Income Surtax

 

 

Amount

Rate

Amount

Rate

Instructional Support Authority

$45,034

0.55481

$100,070

10%

Ed Improvement Authority

$0

0.00000

$0

0%

General Fund (Total w/ISL & Ed Imp)

$1,089,869

13.42702

 

 

Management

$75,000

0.92399

 

 

Amana Library

$0

0.00000

 

 

Voted Physical Plant & Equipment

$0

0.00000

$0

0%

Regular Physical Plant & Equipment

$26,972

0.33000

 

 

Public Education/Recreation (Playground)

$0

0.00000

 

 

Debt Service

$217,995

2.66710

 

 

Grand Total

$1,409,836

17.34811

$100,070

10%