Legal 3 col x 14-1/2”
0328 0404
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2021
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 945,746,870 38.80 3,669,498
Personal Property 3,196,760 12,403
Total Class II 948,943,630 3,681,901
Class III
Real Estate 412,315,240 77.60 3,199,566
Personal Property 271,674,403 2,108,193
Public Utilities 109,933,515 853,084
Total Class III 793,923,158 6,160,843
Class IV
Real Estate 158,446,440 77.60 1,229,544
Personal Property 74,463,290 577,835
Public Utilities 33,331,887 258,655
Total Class IV 266,241,617 2,066,034
Total Assessed Valuation
and Projected Gross
Tax Collections $ 2,009,108,405 $ 11,908,778
Less Allowance for Uncollectibles, Exonerations and
Delinquencies 3.50% (416,807)
Less Allowance for Tax Discounts 1.00% (114,920)
Less Allowance for Tax Increment Financing- see worksheet
(Subtracted from regular current expense tax levy only) (1,511,107)
Net Projected Tax Collections, before allowance for Assessor’s
Valuation Fund 9,865,944
Less – Allowance for Assessor’s Valuation Fund 2.00% (197,319)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $ 9,668,625
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2021
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 $ – – $ – – $ –
Public Utilities – –
Total Class I – – –
Class II
Real Estate 22.95 2,170,489 – – 12.28 1,161,377
Personal Property 7,337 – 3,926
Total Class II 2,177,826 – 1,165,303
Class III
Real Estate 45.90 1,892,527 – – 24.56 1,012,646
Personal Property 1,246,986 – 667,232
Public Utilities 504,595 – 269,997
Total Class III 3,644,108 – 1,949,875
Class IV
Real Estate 45.90 727,269 – – 24.56 389,144
Personal Property 341,787 – 182,882
Public Utilities 152,993 – 81,863
Total Class IV 1,222,049 – 653,889
Total Assessed Valuation
and Projected Gross
Tax Collections $ 7,043,983 $ – $ 3,769,067
Less Allowance for
Uncollectibles, Exonerations
and Delinquencies 3.50% (246,539) 3.50% – 9.13% 344,167
Less Allowance for Tax
Discounts 1.00% (67,974) 1.00% –
Projected Net Taxes to be
Collected $ 6,729,470 $ – $ 3,424,900
Total Projected Net Taxes
from Regular and
Excess Levies $ 16,398,095
SCHEDULE OF PROPOSED LEVY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30,2021
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 242,007,630 38.80 938,990
Personal Property – –
Total Class II 242,007,630 938,990
Class III
Real Estate 72,133,370 77.60 559,755
Personal Property – –
Public Utilities – –
Total Class III 72,133,370 559,755
Class IV
Real Estate 10,573,940 77.60 82,054
Personal Property 120,208 933
Public Utilities – –
Total Class IV 10,694,148 82,987
Total Value & Projected
Revenue $ 324,835,148 $ 1,581,732
Less Allowance for Uncollectibles,
Exonerations and Delinquencies 3.50% (55,361)
Less Allowance for Tax Discounts 1.00% (15,264)
Allowance for Tax Increment Financing 1,511,107