IS THE BASE USED IN CALCULATING A TAXING DISTRICTS LEVY THE AMOUNT LEVIED LAST YEAR?
Not always, RCW 84.55.092, allows local taxing districts to calculate levies based on the maximum lawful levy since 1985. The 1% levy limit does not affect the provisions of this statute. So, if a taxing district voluntarily levied less than its maximum levy amount last year (the district has ‘banked’ levy capacity), the base for calculating its levy would be something other than the amount levied last year.