ELECTIONS ‑- TAXES ‑- BALLOT TITLE ‑- SCHOOL DISTRICT ELECTIONS AND EXCESS LEVIES 1955 School District levies are to be imposed upon assessed valuations determined pursuant to Ch. 253, Laws of 1955. A proposition for an excess levy stated in terms of rate of levy authorizes a levy to the full extent of the stated rate although the proposition also states that such levy will yield an approximate sum of money.