2015 Utah Code
Title 53A - State System of Public Education
Chapter 21 - Public Education Capital Outlay Act
Part 1 - General Provisions
Section 101.5 - Definitions.

53A-21-101.5. Definitions.
As used in this chapter:

• (1) "ADM" or "pupil in average daily membership" is as defined in Section 53A-17a-103.

• (2) "Base tax effort rate" means the average of:
  • (a) the highest combined capital levy rate; and
  • (b) the average combined capital levy rate for the school districts statewide.

• (3) "Combined capital levy rate" means a rate that includes the sum of the following property tax levies:
  • (a)
    • (i) the capital outlay levy authorized in Section 53A-16-107;
    • (ii) the portion of the 10% of basic levy described in Section 53A-17a-145 that is budgeted for debt service or capital outlay;
    • (iii) the debt service levy authorized in Section 11-14-310; and
    • (iv) the voted capital outlay leeway authorized in Section 53A-16-110; or
  • (b)
    • (i) the capital local levy authorized in Section 53A-16-113; and
    • (ii) the debt service levy authorized in Section 11-14-310.

• (4) "Derived net taxable value" means the quotient of:
  • (a) the total property tax collections from April 1 through the following March 31 for a school district for the calendar year preceding the March 31 date; divided by
  • (b) the school district's total tax rate for the calendar year preceding the March 31 referenced in Subsection (4)(a).

• (5) "Highest combined capital levy rate" means the highest combined capital levy rate imposed by a school district within the state for a fiscal year.

• (6) "Property tax base per ADM" means the quotient of:
  • (a) a school district's derived net taxable value; divided by
  • (b) the school district's ADM.

• (7) "Property tax yield per ADM" means:
  • (a) the product of:
    • (i) a school district's derived net taxable value; and
    • (ii) the base tax effort rate; divided by
  • (b) the school district's ADM.

• (8) "Statewide average property tax base per ADM" means the quotient of:
  • (a) the sum of all school districts' derived net taxable value; divided by
  • (b) the sum of all school districts' ADM.

Amended by Chapter 371, 2011 General Session