Districts begin each new-year revenue limit computation by gathering actual general school aids, computer aid and property tax revenues received by the district in the prior school year. Using this base year amount, enrollment changes (plus an inflationary increment), districts compute a new maximum revenue limit for the current year.
State law allows additional revenue authority up and above this maximum if certain conditions exist in the district. For example, a district is allowed to increase their revenue limit by the amount successfully approved in a referendum.
Select a link to learn more about allowable exemptions to the revenue limit.