Phrases with «levy limit»

The phrase "levy limit" refers to the maximum amount of money that a government entity, such as a city or county, can collect from taxes in a given year. It sets a cap on how much revenue the government can generate from taxes and helps control spending. Full definition

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Sentences with «levy limit»

  • Each school district's tax - levy limit varies, in part because of exemptions allowed under the law. (newsday.com)
  • Referral 9481, which was sponsored by Chairwoman Harriet Cornell, set a date for a local law which will override the tax levy limit for 2013, in order to address expenses from unfunded mandates. (rocklandtimes.com)
  • Twenty of the 76 districts with negative levy limits are seeking overrides for the 2016 - 2017 year, DiNapoli said. (newsday.com)
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