Prior to SB 2 (as of 2018) | After SB 2 (2019-forward) | Definition |
| | - Revenues are equal to those levied (captured) in the prior year.
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- Effective maintenance and operations tax rate
| - No-new-revenue maintenance and operations tax rate
| - Revenues that go to the maintenance and operations equal to those levied (captured) in the prior year.
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| | - Allows the Town to levy (capture) 3.5% additional revenue.
|