Legal 3×16-1/2”
0317 0324
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2019
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 889,842,150 38.80 3,452,588
Personal Property 2,959,224 11,482
Total Class II 892,801,374 3,464,070
Class Ill
Real Estate 407,049,810 77.60 3,158,707
Personal Property 227,720,109 1,767,108
Public Utilities 93,840,226 728,200
Total Class Ill 728,610,145 5,654,015
Class IV
Real Estate 149,872,100 77.60 1,163,007
Personal Property 72,828,264 565,147
Public Utilities 29,903,577 232,052
Total Class IV 252,603,941s 1,960,206
Total Assessed Valuation
and Projected Gross
Tax Collections $ 1,874,015,460 $ 11,078,291
Less Allowance for Uncollectibles, Exonerations and
Delinquencies 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (387,740)
Less Allowance for Tax Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (106,906)
Less Allowance for Tax Increment Financing- see worksheet
(Subtracted from regular current expense tax levy only) (1,544,541)
Net Projected Tax Collections, before allowance for Assessor’s
Valuation Fund 9,039,104
Less – Allowance for Assessor’s Valuation Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (180,782)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $ 8,858,322
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2019
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 $ – – $ – 6.46 $ –
Public Utilities – – –
Total Class I – – –
Class II
Real Estate 22.95 2,042,188 – – 12.92 1,149,676
Personal Property 6,791 – 3,823
Total Class II 2,048,979 – 1,153,499
Class Ill
Real Estate 45.90 1,868,359 – – 25.84 1,051,817
Personal Property 1,045,235 – 588,429
Public Utilities 430,727 – 242,483
Total Class Ill 3,344,321 – 1,882,729
Class IV
Real Estate 45.90 687,913 – – 25.84 387,270
Personal Property 334,282 – 188,188
Public Utilities 137,257 – 77,271
Total Class IV 1,159,452 – 652,729
Total Assessed Valuation
and Projected Gross
Tax Collections $ 6,552,752 $ – $ 3,688,957
Less Allowance for
Uncollectibles, Exonerations
and Delinquencies 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (229,346) 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} – 9.04{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 333,607
Less Allowance for Tax
Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (63,234) 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} –
Projected Net Taxes to be
Collected $ 6,260,172 $ – $ 3,355,350
Total Projected Net Taxes
from Regular and
Excess Levies $ 15,118,494
SCHEDULE OF PROPOSED LEVY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30,2019
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 225,253,760 38.80 873,985
Personal Property – –
Total Class II 225,253,760 873,985
Class Ill
Real Estate 85,820,500 77.60 665,967
Personal Property – –
Public Utilities – –
Total Class Ill 85,820,500 665,967
Class IV
Real Estate 9,893,640 77.60 76,775
Personal Property – –
Public Utilities – –
Total Class IV 9,893,640 76,775
Total Value & Projected Revenue $ 320,967,900 $ 1,616,727
Less Allowance for Uncollectibles,
Exonerations and Delinquencies 3.50{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (56,585)
Less Allowance for Tax Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (15,601)
Allowance for Tax Increment Financing 1,544,541