Legal 3 col x 15”
0325 0401
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2024
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 1,042,462,370 38.80 4,044,754
Personal Property 3,281,411 12,732
Total Class II 1,045,743,781 4,057,486
Class III
Real Estate 427,425,900 77.60 3,316,825
Personal Property 285,689,681 2,216,952
Public Utilities 133,092,376 1,032,797
Total Class III 846,207,957 6,566,574
Class IV
Real Estate 178,379,470 77.60 1,384,225
Personal Property 96,758,427 750,845
Public Utilities 35,669,642 276,796
Total Class IV 301,807,539 2,411,866
Total Assessed Valuation
and Projected Gross
Tax Collections $ 2,202,759,277 $ 13,035,926
Less Allowance for Uncollectibles, Exonerations and
Delinquencies 3.50% (456,257)
Less Allowance for Tax Discounts 1.00% (125,797)
Less Allowance for Tax Increment Financing- see worksheet
(Subtracted from regular current expense tax levy only) (1,727,435)
Net Projected Tax Collections, before allowance for Assessor’s
Valuation Fund 10,726,437
Less – Allowance for Assessor’s Valuation Fund 2.00% (214,529)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $ 10,511,908
SCHEDULE OF PROPOSED LEVY RATES
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2024
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 $ – – $ – 3.68 $ –
Public Utilities – –
Total Class I – – –
Class II
Real Estate 22.95 2,392,451 – – 7.36 767,252
Personal Property 7,531 – 2,415
Total Class II 2,399,982 – 769,667
Class III
Real Estate 45.90 1,961,885 – – 14.72 629,171
Personal Property 1,311,316 – 420,535
Public Utilities 610,894 – 195,912
Total Class III 3,884,095 – 1,245,618
Class IV
Real Estate 45.90 818,762 – – 14.72 262,575
Personal Property 444,121 – 142,428
Public Utilities 163,724 – 52,506
Total Class IV 1,426,607 – 457,509
Total Assessed Valuation
and Projected Gross
Tax Collections $ 7,710,684 $ – $ 2,472,794
Less Allowance for
Uncollectibles, Exonerations
and Delinquencies 3.50% (269,874) 3.50% – 9.15% 226,248
Less Allowance for Tax
Discounts 1.00% (74,408) 1.00% –
Projected Net Taxes to be
Collected $ 7,366,402 $ – $ 2,246,546
Total Projected Net Taxes
from Regular and
Excess Levies $ 17,878,310
SCHEDULE OF PROPOSED LEVY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
GREENBRIER COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30,2024
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 271,781,480 38.80 1,054,512
Personal Property – –
Total Class II 271,781,480 1,054,512
Class III
Real Estate 78,382,310 77.60 608,247
Personal Property – –
Public Utilities – –
Total Class III 78,382,310 608,247
Class IV
Real Estate 18,463,890 77.60 143,280
Personal Property 274,554 2,131
Public Utilities – –
Total Class IV 18,738,444 145,411
Total Value & Projected
Revenue $ 368,902,234 $ 1,808,170
Less Allowance for Uncollectibles,
Exonerations and Delinquencies 3.50% (63,286)
Less Allowance for Tax Discounts 1.00% (17,449)
Allowance for Tax Increment Financing $ 1,727,435