2013-14 budget - Hawthorn School District 73

Hawthorn School District #73: Tax Cap Limit
Following is a history of the tax cap limit. State law determined that the Inflation measure used
to limit taxes is the change in the CPI for all urban consumers that occurred between the
December United States City Average indexes as reported by the United States Department of
Labor, Bureau of Labor Statistics.
Affects taxes
Affects School
CPI-U change Levied Fiscal Years
Dec-92 to Dec-93 2.7% 1994 1994-95 and 1995-96
Dec-93 to Dec-94 2.7% 1995 1995-96 and 1996-97
Dec-94 to Dec-95 2.5% 1996 1996-97 and 1997-98
Dec-95 to Dec-96 3.3% 1997 1997-98 and 1998-99
Dec-96 to Dec-97 1.7% 1998 1998-99 and 1999-00
Dec-97 to Dec-98 1.6% 1999 1999-00 and 2000-01
Dec-98 to Dec-99 2.7% 2000 2000-01 and 2001-02
Dec-99 to Dec-00 3.4% 2001 2001-02 and 2002-03
Dec-00 to Dec-01 1.6% 2002 2002-03 and 2003-04
Dec-01 to Dec-02 2.4% 2003 2003-04 and 2004-05
Dec-02 to Dec-03 1.9% 2004 2004-05 and 2005-06
Dec-03 to Dec-04 3.3% 2005 2005-06 and 2006-07
Dec-04 to Dec-05 3.4% 2006 2006-07 and 2007-08
Dec-05 to Dec-06 2.5% 2007 2007-08 and 2008-09
Dec-06 to Dec-07 4.1% 2008 2008-09 and 2009-10
Dec-07 to Dec-08 0.1% 2009 2009-10 and 2010-11
Dec-08 to Dec-09 2.7% 2010 2010-11 and 2011-12
Dec-09 to Dec-10 1.5% 2011 2012-13 and 2013-14
Dec-10 to Dec-11 3.0% 2012 2013-14 and 2014-15
Dec-11 to Dec-12 1.7% 2013 2014-15 and 2015-16
20 year average = 2.4%
4.5%
4.0%
3.5%
3.0%
2.5%
2.0%
1.5%
1.0%
0.5%
0.0%
CPI-U change
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
printed 6/6/13
(CPI.xls)