What is the impact of property tax levies on district funding?

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Property tax levies are the district’s tool for raising local funds. They directly influence local revenue because the levy specifies how much money will be collected from property taxes within the district to support operations, programs, salaries, and debt service. The amount collected depends on the levy amount, property values, and any caps or exemptions in place, so increasing the levy increases locally raised funds while decreasing it lowers them. State and federal funding come from separate sources and are not determined by the local levy, even though state aid formulas may interact with local wealth and total resources.