SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2017
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 835,563,120 38.80 3,241,985
Personal Property 2,922,620 11,340
Total Class II 838,485,740 3,253,325
Class III
Real Estate 389,048,450 77.60 3,019,016
Personal Property 241,591,153 1,874,747
Public Utilities 92,928,885 721,128
Total Class III 723,568,488 5,614,891
Class IV
Real Estate 145,820,810 77.60 1,131,569
Personal Property 73,294,436 568,765
Public Utilities 29,986,726 232,697
Total Class IV 249,101,972 1,933,031
Total Assessed Valuation and Projected Gross
Tax Collections $ 1,811,156,200 $ 10,801,247
Less Allowance for Uncollectibles, Exonerations
and Delinquencies 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (378,044)
Less Allowance for Tax Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (104,232)
Less Allowance for Tax Increment Financing – see worksheet
(Subtracted from regular current expense tax levy only) (1,283,902)
Net Projected Tax Collections, before allowance for
Assessor’s Valuation Fund 9,035,069
Less – Allowance for Assessor’s Valuation Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (180,701)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $ 8,854,368
SIGNED THIS 8th DAY OF MARCH, 2016, BY
Sallie E. Dalton, COUNTY SUPERINTENDENT
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER 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 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 $ – – $ – 8.36 $ –
Public Utilities – – –
Total Class I – – –
Class II
Real Estate 22.95 1,917,617 – – 16.72 1,397,062
Personal Property 6,707 – 4,887
Total Class II 1,924,324 – 1,401,949
Class III
Real Estate 45.90 1,785,732 – – 33.44 1,300,978
Personal Property 1,108,903 – 807,881
Public Utilities 426,544 – 310,754
Total Class III 3,321,179 – 2,419,613
Class IV
Real Estate 45.90 669,318 – – 33.44 487,625
Personal Property 336,421 – 245,097
Public Utilities 137,639 – 100,276
Total Class IV 1,143,378 – 832,998
Total Assessed Valuation
and Projected Gross
Tax Collections $ 6,388,881 $ – $ 4,654,560
Less Allowance for
Uncollectibles, Exonerations
and Delinquencies 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (223,611) 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} – 9.10{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 423,397
Less Allowance for Tax
Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (61,653) 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} –
Projected Net Taxes to be
Collected $ 6,103,617 $ – $ 4,231,163
Total Projected Net Taxes
from Regular and Excess
Levies $ 14,957,985
SCHEDULE OF PROPOSED LEVY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2017
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 205,835,930 38.80 798,643
Personal Property – –
Total Class II 205,835,930 798,643
Class III
Real Estate 57,411,830 77.60 445,516
Personal Property 2,809,157 21,799
Public Utilities – –
Total Class III 60,220,987 467,315
Class IV
Real Estate 9,843,380 77.60 76,385
Personal Property 201,706 1,565
Public Utilities – –
Total Class IV 10,045,086 77,950
Total Value &
Projected Revenue $ 276,102,003 $ 1,343,908
Less Allowance for Uncollectibles, Exonerations
and Delinquencies 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (47,037)
Less Allowance for Tax Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (12,969)
Allowance for Tax Increment Financing 1,283,902