Legal 3 col x 14-3/4”
0327 0403
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2022
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 964,775,810 38.80 3,743,330
Personal Property 3,159,728 12,260
Total Class II 967,935,538 3,755,590
Class III
Real Estate 426,655,230 77.60 3,310,845
Personal Property 252,584,224 1,960,054
Public Utilities 112,911,594 876,194
Total Class III 792,151,048 6,147,093
Class IV
Real Estate 161,504,200 77.60 1,253,273
Personal Property 67,015,691 520,042
Public Utilities 32,689,229 253,668
Total Class IV 261,209,120 2,026,983
Total Assessed Valuation
and Projected Gross
Tax Collections $ 2,021,295,706 $ 11,929,666
Less Allowance for Uncollectibles, Exonerations and
Delinquencies 3.50% (417,538)
Less Allowance for Tax Discounts 1.00% (115,121)
Less Allowance for Tax Increment Financing- see worksheet
(Subtracted from regular current expense tax levy only) (1,603,508)
Net Projected Tax Collections, before allowance for Assessor’s
Valuation Fund 9,793,499
Less – Allowance for Assessor’s Valuation Fund 2.00% (195,870)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $ 9,597,629
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2022
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 $ – – $ – 6.20 $ –
Public Utilities – –
Total Class I – – –
Class II
Real Estate 22.95 2,214,160 – – 12.40 1,196,322
Personal Property 7,252 – 3,918
Total Class II 2,221,412 – 1,200,240
Class III
Real Estate 45.90 1,958,348 – – 24.80 1,058,105
Personal Property 1,159,362 – 626,409
Public Utilities 518,264 – 280,021
Total Class III 3,635,974 – 1,964,535
Class IV
Real Estate 45.90 741,304 – – 24.80 400,530
Personal Property 307,602 – 166,199
Public Utilities 150,044 – 81,069
Total Class IV 1,198,950 – 647,798
Total Assessed Valuation
and Projected Gross
Tax Collections $ 7,056,336 $ – $ 3,812,573
Less Allowance for
Uncollectibles, Exonerations
and Delinquencies 3.50% (246,972) 3.50% – 9.16% 349,273
Less Allowance for Tax
Discounts 1.00% (68,094) 1.00% –
Projected Net Taxes to be
Collected $ 6,741,270 $ – $ 3,463,300
Total Projected Net Taxes
from Regular and
Excess Levies $ 16,338,899
SCHEDULE OF PROPOSED LEVY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30,2022
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 244,283,450 38.80 947,820
Personal Property – –
Total Class II 244,283,450 947,820
Class III
Real Estate 81,522,490 77.60 632,615
Personal Property – –
Public Utilities – –
Total Class III 81,522,490 632,615
Class IV
Real Estate 12,630,950 77.60 98,016
Personal Property – –
Public Utilities – –
Total Class IV 12,630,950 98,016
Total Value & Projected
Revenue $ 338,436,890 $ 1,678,451
Less Allowance for Uncollectibles,
Exonerations and Delinquencies 3.50% (58,746)
Less Allowance for Tax Discounts 1.00% (16,197)
Allowance for Tax Increment Financing 1,603,508