The maximum dollar amount of any school district's certified excess levy for any given calendar year shall equal the excess levy authority established by the superintendent of public instruction as the lesser of the following:
(1) The school district's maximum levy authority as calculated by the superintendent of public instruction pursuant to RCW
84.52.0531; or
(2) The maximum certified excess levy.
[Statutory Authority: RCW
28A.150.290. WSR 20-01-137, § 392-139-300, filed 12/17/19, effective 1/17/20. Statutory Authority: RCW
28A.150.290(1) and
84.52.0531(9). WSR 01-22-098, § 392-139-300, filed 11/6/01, effective 12/7/01. Statutory Authority: RCW
28A.41.170 and
84.52.0531(10). WSR 89-23-121 (Order 18), § 392-139-300, filed 11/22/89, effective 12/23/89; WSR 88-03-007 (Order 88-6), § 392-139-300, filed 1/8/88.]