Legal 3 col x 14-3/4”
0326 0402
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2023
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 1,005,644,150 38.80 3,901,899
Personal Property 3,239,106 12,568
Total Class II 1,008,883,256 3,914,467
Class III
Real Estate 420,546,050 77.60 3,263,437
Personal Property 250,138,964 1,941,078
Public Utilities 125,350,402 972,719
Total Class III 796,035,416 6,177,234
Class IV
Real Estate 169,988,080 77.60 1,319,108
Personal Property 79,720,735 618,633
Public Utilities 32,132,651 249,349
Total Class IV 281,841,466 2,187,090
Total Assessed Valuation
and Projected Gross
Tax Collections $ 2,086,760,138 $ 12,278,791
Less Allowance for Uncollectibles, Exonerations and
Delinquencies 3.50% (429,758)
Less Allowance for Tax Discounts 1.00% (118,490)
Less Allowance for Tax Increment Financing- see worksheet
(Subtracted from regular current expense tax levy only) (1,663,687)
Net Projected Tax Collections, before allowance for Assessor’s
Valuation Fund 10,066,856
Less – Allowance for Assessor’s Valuation Fund 2.00% (201,337)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $ 9,865,519
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2023
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 $ – – $ – 6.09 $ –
Public Utilities – –
Total Class I – – –
Class II
Real Estate 22.95 2,370,953 – – 12.18 1,224,875
Personal Property 7,434 – 3,945
Total Class II 2,315,387 – 1,228,820
Class III
Real Estate 45.90 1,930,306 – – 24.36 1,024,450
Personal Property 1,148,138 – 609,339
Public Utilities 575,358 – 305,354
Total Class III 3,653,802 – 1,939,143
Class IV
Real Estate 45.90 780,245 – – 24.36 414,091
Personal Property 365,918 – 194,200
Public Utilities 147,489 – 78,275
Total Class IV 1,293,652 – 686,566
Total Assessed Valuation
and Projected Gross
Tax Collections $ 7,262,841 $ – $ 3,854,529
Less Allowance for
Uncollectibles, Exonerations
and Delinquencies 3.50% (254,199) 3.50% – 9.03% 348,029
Less Allowance for Tax
Discounts 1.00% (70,086) 1.00% –
Projected Net Taxes to be
Collected $ 6,938,556 $ – $ 3,506,500
Total Projected Net Taxes
from Regular and
Excess Levies $ 16,804,075
SCHEDULE OF PROPOSED LEVY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30,2023
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 258,880,570 38.80 1,004,457
Personal Property – –
Total Class II 258,880,570 1,004,457
Class III
Real Estate 80,087,450 77.60 621,479
Personal Property – –
Public Utilities – –
Total Class III 80,087,450 621,479
Class IV
Real Estate 14,775,120 77.60 114,655
Personal Property 109,832 852
Public Utilities – –
Total Class IV 14,884,952 115,507
Total Value & Projected
Revenue $ 353,852,972 $ 1,741,443
Less Allowance for Uncollectibles,
Exonerations and Delinquencies 3.50% (60,951)
Less Allowance for Tax Discounts 1.00% (16,805)
Allowance for Tax Increment Financing 1,663,687