This bill amends the School District Property Tax Limitation Act by modifying the calculation of property tax request authority and the provisions for carrying forward unused property tax request authority. Specifically, it introduces a new calculation method for determining a school district's property tax request authority, which includes adjustments for any prior year excesses over the authority and non-property-tax revenue. The bill stipulates that the department will certify the calculated property tax request authority to each school district's school board.

Additionally, the bill allows school districts to carry forward unused property tax request authority to future years, but explicitly excludes any increases in authority due to the school district's base growth percentage. The department is tasked with calculating and reporting this unused authority to the school boards, enabling districts to utilize it for future property tax requests. The original sections of the law being amended are repealed as part of this legislative update.

Statutes affected:
Introduced: 79-3403, 79-3406