SCHEDULE OF PROPOSED LEVY RATES
RANDOLPH COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2017
The following is a true copy from the record of orders entered by Randolph County Board Of Education on the 17th day of May 2016:
Column E Current Expense Levy
Certificate of Valuation Levy Taxes
Assessed Value for Tax Purposes Rate/$100 Levied
Class I
Personal Property $ – 19.40 $ –
Public Utilities – –
Total Class I – –
Class II
Real Estate 529,285,890 38.80 2,053,629
Personal Property 8,052,584 31,244
Total Class II 537,338,474 2,084,873
Class III
Real Estate 261,830,840 77.60 2,031,807
Personal Property 183,503,015 1,423,983
Public Utilities 105,131,848 815,823
Total Class III 550,465,703 4,271,613
Class IV
Real Estate 102,602,330 77.60 796,194
Personal Property 57,680,374 447,600
Public Utilities 23,718,249 184,054
Total Class IV 184,000,953 1,427,848
Total Assessed Valuation and
Projected Gross Tax Collections $ 1,271,805,130 $ 7,784,334
Less Allowance for Uncollectibles, Exonerations and Delinquencies 5.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (389,217)
Less Allowance for Tax Discounts 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (147,902)
Less Allowance for Tax Increment Financing – see worksheet
(Subtracted from regular current expense tax levy only) –
Net Projected Tax Collections, before allowance for Assessor’s Valuation Fund 7,247,215
Less – Allowance for Assessor’s Valuation Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (144,944)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $ 7,102,271
Note: Copies of all approved excess and/or bond levy orders and certified copies of the canvass of votes must be on file with the State Auditor’s Office and the State Department of Education before excess or bond levy rates can be approved.
SIGNED THIS 17TH DAY OF MAY, 2016 BY PAMELA S. HEWITT, COUNTY SUPERINTENDENT
5/18, 5/24