SCHEDULE OF PROPOSED LEVY RATES
Hancock COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2026
The following is a true copy from the record of orders entered by Hancock County Board of Education on the 24th day of March, 2026
Column E Current Expense Levy
Certificate of Valuation
Assessed Value for Levy Taxes
Tax Purposes Rate/$100 Levied
Class I
Personal Property $ – 19.40 –
Public Utilities – –
Total Class I – –
Class II
Real Estate 507,661,700 38.80 1,969,727
Personal Property 2,102,610 8,158
Total Class II 509,764,310 1,977,885
Class III
,Real estate 111,205,160 77.60 862,952
Personal Property 299,306,791 2,322,621
Public Utilities 82,240,177 638,184
Total Class III 492,752,128 3,823,757
Class IV
Real Estate 152,624,400 77.60 1,184,365
Personal Property 151,049,006 1,172,140
Public Utilities 41,741,662 323,915
Total Class IV 345,415,068 2,680,420
Total Assessed Valuation and
Projected Gross Tax Collections $1,347,931,506 $8,482,062
Less Allowance for Uncollectibles,
Exonerations and Delinquiencies 4.00% (339,282)
Less Allowance for Tax Discounts 1.50% (122,142)
Less Allowance for Tax Increment Financing
(Subtracted from regular current expense tax levy only) –
Net Projected Tax Collections, before allowance for Assessor’s Valuation Fund 8,020,638
Less- Allowance for Assessor’s Valuation Fund 1.50% (120,310)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $7,900,328
Note: Copies of all approved excess and/or bond levy orders and certified copies of the canvass of votes must be on files with the State Auditor’s Office and the State Department of Education before excess or bond levy rates can be approved.
Signed this 24th day of March 2025, by Dan Enich, Secretary of the Board of Education
SCHEDULE OF PROPOSED LEVY RATES
Hancock COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2026
The following is a true copy from the record of orders entered by Hancock County Board of Education on the 24th day of March, 2025
Excess Levy Permanent Bond Levy
Improvement
Levy Taxes Levy Taxes Levy Taxes
Rate/$100 Levied Rate/$100 Levied Rate/$100 Levied
Class I
Personal
Property 22.95 $ – – $ – 8.90 $ –
Public
Utilities – – –
Total Class I – – –
Class II
Real Estate 45.90 2,264,758 – – 17.80 903,638
Personal Property 9,651 – 3,743
Total Class II 2,339,818 907,381
Class III
Real Estate 91.80 1,020,863 – – 35.60 395,890
Personal Property 2,747,636 – 1,065,532
Public Utilities 754,965 – 292,775
Total Class III 4,523,464 – 1,754,197
Class IV
Real Estate 91.80 1,401,092 – – 35.60 543,343
Personal Property 1,386,630 – 537,734
Public Utilities 383,188 – 148,600
Total Class IV 3,170,910 – 1,229,677 – 819,651
Total Assessed
Valuation and Projected
Gross Tax
Collections $10,034,192 $ – $2,410,538
Less Allowance for
Uncollectables,
Exonerations and
Delinquencies 4.00% (401,368) 4.00% 3.68% 143,039
Less Allowance
For Tax
Discounts 1.50% (144,492) 1.50% –
Projected Net Taxes
to be Collected $9,488,332 $ – $3,748,216
Total Projected Net Taxes
from Regular and Excess
Levies $17,388,660
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 levey rates can be approved.
SIGNED THIS 24th DAY OF MARCH, 2025, BY Den
SECRETARY OF THE BOARD OF EDUCATION
WDT April 1, 8, 2025