SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2016
The following is a true copy from the record of orders entered by GREENBRIER COUNTY BOARD OF EDUCATION on the 10th day of March, 2015.
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 881,240,440 38.80 3,147,613
Personal Property 2,526,856 9,804
Total Class II 813,767,296 3,157,417
Class III
Real Estate 394,962,940 77.60 3,064,912
Personal Property 247,027,214 1,916,931
Public Utilities 94,200,063 730,992
Total Class III 736,190,217 5,712,835
Class IV
Real Estate 140,306,770 77.60 1,088,781
Personal Property 70,038,577 543,499
Public Utilities 30,035,186 233,073
Total Class IV 240,380,533 1,865,353
Total Assessed Valuation and Projected Gross
Tax Collections $ 1,790,338,046 $ 10,735,605
Less Allowance for Uncollectibles, Exonerations
and Delinquencies 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (375,746)
Less Allowance for Tax Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (103,599)
Less Allowance for Tax Increment Financing – see worksheet
(Subtracted from regular current expense tax levy only) (1,206,129)
Net Projected Tax Collections, before allowance for
Assessor’s Valuation Fund 9,050,131
Less – Allowance for Assessor’s Valuation Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (181,003)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $ 8,869,128
SIGNED THIS 10th DAY OF MARCH, 2015, BY
Sallie E. Dalton, SECRETARY OF THE BOARD OF EDUCATION
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2016
The following is a true copy from the record of orders entered by GREENBRIER COUNTY BOARD OF EDUCATION on the 10th day of March, 2015.
Permanent
Excess Levy Improvement Bond Levy
Levy Taxes Levy Taxes Levy Taxes
Rate/$100 Levied Rate/$100 Levied Rate/$100 Levied
Class I
Personal Property 11.475 $ – – $ – 8.53 $ –
Public Utilities – – –
Total Class I – – –
Class II
Real Estate 22.95 1,861,797 – – 16.66 1,351,527
Personal Property 5,799 – 4,210
Total Class II 1,867,596 – 1,355,737
Class III
Real Estate 45.90 1,812,880 – – 34.12 1,316,017
Personal Property 1,133,855 – 823,095
Public Utilities 432,378 – 313,875
Total Class III 3,379,113 – 2,452,987
Class IV
Real Estate 45.90 644,008 – – 33.32 467,502
Personal Property 321,477 – 233,369
Public Utilities 137,862 – 100,077
Total Class IV 1,103,347 – 800,948
Total Assessed Valuation
and Projected Gross
Tax Collections $ 6,350,056 $ – $ 4,609,672
Less Allowance for
Uncollectibles, Exonerations
and Delinquencies 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (222,252) 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} – 9.12{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 420,409
Less Allowance for Tax
Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (61,278) 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} –
Projected Net Taxes to be
Collected $ 6,066,526 $ – $ 4,189,263
Total Projected Net Taxes
from Regular and Excess
Levies $ 14,935,654
SCHEDULE OF PROPOSED LEVY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2016
Column C Current Expense Levy
Roll Back Levy Taxes
Value Form Rate/$100 Levied
Class I
Personal Property $ – 19.40 $ –
Public Utilities – –
Total Class I – –
Class II
Real Estate 193,472,490 38.80 750,673
Personal Property – –
Total Class II 193,472,490 750,673
Class III
Real Estate 56,659,230 77.60 439,676
Personal Property – –
Public Utilities – –
Total Class III 56,659,230 439,676
Class IV
Real Estate 9,261,250 77.60 71,867
Personal Property 36,479 283
Public Utilities – –
Total Class IV 9,297,726 72,150
Total Value &
Projected Revenue $ 259,429,446 $ 1,262,499
Less Allowance for Uncollectibles, Exonerations
and Delinquencies 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (44,187)
Less Allowance for Tax Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (12,183)
Allowance for Tax Increment Financing 1,206,129