Part of Speech: n.
Quotation: A balloon levy is a term used to describe the practice of requesting more money than we reasonably expect to receive.…This is done because the equalized assessed value of the district is unknown, but the levy needs to be filed by the last Tuesday in December.
Author:
Heidi Terry-Litchfield
Publishing Location:
Illinois
Date of Publication:
Nov. 29, 2007
This catchword has yet to be researched.