SCHEDULE OF PROPOSED LEVY RATES
WOOD COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2022
The following is a true copy from the record of orders entered by WOOD COUNTY BOARD OF EDUCATION on the 9th day of March 2021:
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 2,116,073,410 38.80 8,210,365
Personal Property 7,104,140 27,564
Total Class II 2,123,177,550 8,237,929
Class III
Real Estate 265,559,300 77.60 2,060,740
Personal Property 518,991,407 4,027,373
Public Utilities 131,308,587 1,018,955
Total Class III 915,859,294 7,107,068
Class IV
Real Estate 473,577,260 77.60 3,674,960
Personal Property 328,270,639 2,547,380
Public Utilities 87,489,469 678,918
Total Class IV 889,337,368 6,901,258
Total Assessed Valuation and Projected Gross
Tax Collections $3,928,374,212 $22,246,255
Less Allowance for Uncollectibles, Exonerations and Delinquencies 2.00% (444,925)
Less Allowance for Tax Discounts 2.00% (436,027)
Less Allowance for Tax Increment Financing (34,041)
Net Projected Tax Collections, before allowance for Assessor’s Valuation Fund 21,331,262
Less – Allowance for Assessor’s Valuation Fund 2.00% (426,625)
Projected Net Taxes to be Collected $20,904,637
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.
Excess Levy Bond Levy
Levy Taxes Levy Taxes
Rate/$100 Levied Rate/$100 Levied
Class I
Personal Property 18.36 $ — 3.27 $ —
Public Utilities $ — $ —
Total Class I $ – $ —
Class II
Real Estate 36.72 7,770,222 6.54 1,383,912
Personal Property 26,086 4,646
Total Class II 7,796,308 1,388,558
Class III
Real Estate 73.44 1,950,267 13.08 347,352
Personal Property 3,811,473 678,841
Public Utilities 964,330 171,752
Total Class III 6,726,070 1,197,945
Class IV
Real Estate 73.44 3,477,951 13.08 619,439
Personal Property 2,410,820 429,378
Public Utilities 642,523 114,436
Total Class IV 6,531,294 1,163,253
Total Assessed Valuation and Projected Gross
Tax Collections $ 21,053,672 $3,749,756
Less Allowance for Uncollectibles, Exonerations
and Delinquencies 2.00% (421,073) 4.79% (179,456)
Less Allowance for Tax Discounts 2.00% (412,652)
Less Allowance for Tax Increment Financing
Net Projected Tax Collections before Asessor’s Valuation Fund
Less – Allowance for Assessor’s Valuation Fund
Projected Net Taxes to be Collected $20,219,947 $3,570,300
$41,124,584
SIGNED THIS 9th DAY OF MARCH 2020
/s/; William Hosaflook SECRETARY OF THE BOARD OF EDUCATION
Mar 17, 24