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<br />LEVY LIMIT WORKSHEET - 2021 Tax Roll
<br />TAXING DISTRICT: City of Tukwila
<br />The following determination of your regular levy &mit for 2021 property taxes is provided by the King County
<br />Assessor pursuant to RCW 84.55.100.
<br />Annexed to Library District (Note 1) Estimated Library rate: 0.33289
<br />Using Limit Factor Using Implicit
<br />For District Calculation of Limit Factor Levy Price Deflator
<br />16,580,240 Levy basis for calculation: (2020 Limit Factor) (Note 2) 16,580,240
<br />1.0100 x Limit Factor 1.0060
<br />16,746,042 = Levy 16,679,721
<br />65,802,444 Local new construction 65,802,444
<br />0 + Increase in utility value (Note 3) 0
<br />65,802,444 = Total new construction 65,802,444
<br />2.26293 x Last year's regular levy rate 2.26293
<br />148,906 = New construction levy 148,906
<br />16,894,948 Total Limit Factor Levy 16,828,627
<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.
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<br />47
<br />Annexation Levy
<br />0
<br />Omitted assessment levy (Note 4)
<br />0
<br />16,894,948
<br />Total Limit Factor Levy + new lid lifts
<br />16,828,627
<br />7,835,011,635
<br />- Regular levy assessed value less annexations
<br />7,835,011,635
<br />2.15634
<br />= Annexation rate (cannot exceed statutory maximum rate)
<br />2.14788
<br />0
<br />x Annexation assessed value
<br />0
<br />0
<br />= Annexation Levy
<br />0
<br />Lid lifts, Refunds and Total
<br />0
<br />+ First year lid lifts
<br />0
<br />16,894,948
<br />+ Limit Factor Levy
<br />16,828,627
<br />16,894,948
<br />= Total RCW 84.55 levy
<br />16,828,627
<br />1,676
<br />+ Relevy for prior year refunds (Note 5)
<br />1,676
<br />16,896,624
<br />= Total RCW 84.55 levy + refunds
<br />16,830,303
<br />Levy Correction: Year of Error (+or-)
<br />16,896,624
<br />ALLOWABLE LEVY Note 6
<br />16,830,303
<br />Increase Information (Note 7)
<br />2.15655
<br />Levy rate based on allowable levy
<br />2.14809
<br />16,594,254
<br />Last year's ACTUAL regular levy
<br />16,594,254
<br />151,788
<br />Dollar increase over last year other than N/C — Annex
<br />85,467
<br />0.91%
<br />Percent increase over last year other than N/C — Annex
<br />0.52%
<br />Calculation of statutory levy
<br />Regular levy assessed value (Note 8)
<br />7,835,011,635
<br />x Maximum statutory rate
<br />3.49211
<br />= Maximum statutory levy
<br />27,360,722
<br />+Omitted assessments levy
<br />0
<br />=Maximum statutory levy
<br />27,360,722
<br />Limit factor needed for statutory levy
<br />Not usable
<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 />10/20/20 11:10 AM
<br />LevyLimitWS.doc
<br />47
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