If the Municipal Property Tax Levy Limit was calculated incorrectly, how should it be adjusted?
If the Municipal Property Tax Levy Limit was calculated incorrectly, then the limit should be recalculated using correct information. The corrected limit should then be compared to the current municipal property tax levy. If the current levy is greater than the limit, then the municipality must vote to increase or exceed the limit, or to reduce appropriations. The article must be in the following form: “Do you favor raising the levy limit of the [name of municipality] for the purpose of [insert purpose]?
