Calculator

Local Option Levy Calculator

Section 1: Local Option Levy Before Measure 5 Cap

Box 1: "NET ASSESSED VALUE" of your property

Levy Rate ($1.50 per $1000 of Assessed Value)

Maximum Levy Amount Per Year, before Measure 5 cap

Section 2: Measure 5 Cap on Education Taxes

Box 2: "TOTAL RMV" or "SPEC ASSESSED" value

$5 per thousand cap of Real Market Value (RMV) for education (per Measure 5)

Measure 5 cap for all education taxes on your property

Box 3: "EDUCATION TAXES"

Maximum Local Option Levy for your property (Measure 5 cap)

Section 3: Local Option Levy to be Paid

Smaller of Measure 5 Limit and Maximum Levy Amount

Levy Amount Per Year

Levy Amount Per Month

Note: Local Option levy amount is based on the ASSESSED VALUE of your property, but is capped by Measure 5 at $5 per thousand of REAL MARKET VALUE. Therefore, your tax amount is the smaller of the levied amount and the Measure 5 cap on total education taxes.