levy, levee

Levy or levy means to impose a tax, or the tax itself--
The new levy on imported cars made him decide to buy a domestic model.
Another levy will be politically unpopular.

Levee or levee ( rhymes with levy ) means a breakwater on the banks of a river--
The flood began when the levee broke.
The storm did a lot of damage to the levee.

Now that you know that, you can say--
"The city had passed a new levy to raise funds to repair the levee."

Note--"levée" ( leh vay, sometimes spelled levee, to rhyme with levy ) means a morning meeting, historically in the king's personal quarters--
Only the king's trusted advisers attended the levée.
Note # 2--the plural ( more than one ) of "levee" is "levees" ( lev eez )--
We hope the levees will hold back the flooding river.
The plural ( more than one ) of "levy" is "levies" ( lev eez )--
If the council approves any more levies, the people will vote for someone else next election.
"Levies" is also the third person singular ( he, she, it ) form of the verb ( action word ) "levy"--
If Congress levies imports, they will become more expensive.
Not to be confused with "Levi's" ( lee vize ), a brand of jeans--
These new Levi's are the wrong size.
Levi's is also the possessive ( belonging to ) form of "Levi" ( lee vye ) , a man's given name--
Are these Levi's Levi's, or Tom's Levi's?