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 new language that requires the calculation of a school district's property tax request authority to include the previous year's request adjusted for any excess over the authority, along with non-property-tax revenue and the district's base growth percentage. Additionally, it stipulates that the total non-property-tax revenue for the current year will be based on the prior year's amount if there is insufficient data available.

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 The original sections of the law being amended are repealed as part of this legislative update.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