Legal 3×14-1/2”
0316 0323
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2020
The above named county board of education, having ascertained that the amount to be raised by a levy of taxes for the purposes and within the limits prescribed by statute or authorized by voters, does hereby propose to adopt the following levy rates to be laid on each one hundred dollars of assessed valuation of each class of property:
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 918,730,330 38.80 3,564,674
Personal Property 3,076,630 11,937
Total Class II 921,806,960 3,576,611
Class III
Real Estate 406,934,330 77.60 3,157,810
Personal Property 251,848,400 1,954,344
Public Utilities 102,816,310 797,855
Total Class III 761,599,040 5,910,009
Class IV
Real Estate 154,168,370 77.60 1,196,347
Personal Property 71,595,033 555,577
Public Utilities 30,702,629 238,252
Total Class IV 256,466,032 1,990,176
Total Assessed Valuation
and Projected Gross
Tax Collections $ 1,939,872,032 $ 11,476,796
Less Allowance for Uncollectibles, Exonerations and
Delinquencies 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (401,688)
Less Allowance for Tax Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (110,751)
Less Allowance for Tax Increment Financing- see worksheet
(Subtracted from regular current expense tax levy only) (1,510,297)
Net Projected Tax Collections, before allowance for Assessor’s
Valuation Fund 9,454,060
Less – Allowance for Assessor’s Valuation Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (189,081)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $ 9,264,979
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2020
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 $ – – $ – 6.30 $ –
Public Utilities – – –
Total Class I – – –
Class II
Real Estate 22.95 2,108,486 – – 12.60 1,157,600
Personal Property 7,061 – 3,877
Total Class II 2,115,547 – 1,161,477
Class III
Real Estate 45.90 1,867,829 – – 25.20 1,025,475
Personal Property 1,155,984 – 634,658
Public Utilities 471,927 – 259,097
Total Class III 3,495,740 – 1,919,230
Class IV
Real Estate 45.90 707,633 – – 25.20 388,504
Personal Property 328,621 – 180,419
Public Utilities 140,925 – 77,371
Total Class IV 1,177,179 – 646,294
Total Assessed Valuation
and Projected Gross
Tax Collections $ 6,788,466 $ – $ 3,727,001
Less Allowance for
Uncollectibles, Exonerations
and Delinquencies 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (237,596) 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} – 9.02{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 336,301
Less Allowance for Tax
Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (65,509) 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} –
Projected Net Taxes to be
Collected $ 6,485,361 $ – $ 3,390,700
Total Projected Net Taxes
from Regular and
Excess Levies $ 15,750,340
SCHEDULE OF PROPOSED LEVY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30,2020
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 I
Real Estate 232,575,380 38.80 902,392
Personal Property – –
Total Class II 232,575,380 902,392
Class III
Real Estate 76,918,640 77.60 596,889
Personal Property – –
Public Utilities – –
Total Class III 76,918,640 596,889
Class IV
Real Estate 10,515,880 77.60 81,603
Personal Property – –
Public Utilities – –
Total Class IV 10,515,880 81,603
Total Value & Projected
Revenue $ 320,009,900 $ 1,580,884
Less Allowance for Uncollectibles,
Exonerations and Delinquencies 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (55,331)
Less Allowance for Tax Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (15,256)
Allowance for Tax Increment Financing 1,510,297