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PRELIMINARY
<br />LEVY LIMIT WORKSHEET - 2018 Tax Roll
<br />TAXING DISTRICT: City of Tukwila
<br />The following determination of your regular levy limit for 2018 property taxes is provided by the King County
<br />Assessor pursuant to RCW 84.55.100.
<br />Annexed to Library District
<br />Using Limit Factor
<br />For District
<br />14,815,806
<br />1.0100
<br />14, 963, 964
<br />56, 068, 883
<br />0
<br />56,068,883
<br />2.58592
<br />144,990
<br />15,108,954
<br />(Note 1) Estimated Library rate: 0.36789
<br />Calculation of Limit Factor Levy
<br />Levy basis for calculation: (2017 Limit Factor) (Note 2)
<br />x Limit Factor
<br />= Levy
<br />Local new construction
<br />+ Increase in utility value (Note 3)
<br />= Total new construction
<br />x Last year's regular levy rate
<br />= New construction levy
<br />Total Limit Factor Levy
<br />Using Implicit
<br />Price Deflator
<br />14,815,806
<br />1.0155
<br />15,045,451
<br />56,068,883
<br />0
<br />56,068,883
<br />2.58592
<br />144,990
<br />15,190,441
<br />0
<br />15,108,954
<br />6,044,327,455
<br />2.49969
<br />0
<br />0
<br />Annexation Levy
<br />Omitted assessment levy (Note 4)
<br />Total Limit Factor Levy + new lid lifts
<br />Regular levy assessed value less annexations
<br />= Annexation rate (cannot exceed statutory maximum rate)
<br />x Annexation assessed value
<br />= Annexation Levy
<br />0
<br />15,190,441
<br />6,044,327,455
<br />2.51317
<br />0
<br />0
<br />0
<br />15,108,954
<br />15,108,954
<br />22,559
<br />15,131,513
<br />Lid lifts, Refunds and Total
<br />+ First year lid lifts
<br />+ Limit Factor Levy
<br />= Total RCW 84.55 levy
<br />+ Relevy for prior year refunds (Note 5)
<br />= Total RCW 84.55 levy + refunds
<br />Levy Correction: Year of Error (+or-)
<br />0
<br />15,190,441
<br />15,190,441
<br />22,559
<br />15,213,000
<br />15,131,513
<br />ALLOWABLE LEVY (Note 6)
<br />2.50342
<br />14, 834, 330
<br />129,634
<br />0.87%
<br />Increase Information (Note 7)
<br />Levy rate based on allowable levy
<br />Last year's ACTUAL regular levy
<br />Dollar increase over last year other than N/C — Annex
<br />Percent increase over last year other than N/C — Annex
<br />15,213,000 I
<br />2.51691
<br />14, 834, 330
<br />211,121
<br />1.42%
<br />Calculation of statutory levy
<br />Regular levy assessed value (Note 8)
<br />x Maximum statutory rate
<br />Maximum statutory levy
<br />+Omitted assessments levy
<br />=Maximum statutory levy
<br />Limit factor needed for statutory levy
<br />ALL YEARS SHOWN ON THIS FORM ARE THE YEARS IN WHICH THE TAX IS PAYABLE.
<br />Please read carefully the notes on the reverse side.
<br />10/31/17 1:29 PM
<br />LevyLimitWS.doc
<br />6,044,327,455
<br />3.45711
<br />20,895,905
<br />0
<br />20,895,905
<br />Not usable
<br />35
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