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Is the PTELL limitation applied fund by fund, or on the total extension?

Answer #337 -- ( Published 09/30/2005 11:42 AM | Updated 07/12/2017 10:40 AM )

Is the Property Tax Extension Limitation Law (PTELL) limitation applied fund by fund, or on the total extension?

The limitation applies to the aggregate extension for those funds subject to the PTELL.

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