The following are some of the restrictions imposed on the taxing bodies. State laws provide taxing bodies limited rights to tax for specific puposes. Money levied for a specific purpose may only be used for that purpose. For example, a tax levy for Fire Protection can only be used for fire protection expenses. Those funds cannot be used for street repair or any other nbon-fire protection purpose.
State law limits the amount of money that can be levied for many specific purpose funds.
The limits can only be changed by local voters or State legislation. A notice must be placed in the paper announcing the hearing. It is at this hearing where citizens can voice their opinions regarding the proposed levy. Tax extensions are the ending numbers resulting from tax levies going to the County and filtering through all the restrictions. Extensions take into account tax rate limits, tax cap limits, and other abatements.