SCHEDULE OF PROPOSED LEVY RATES – PENDING CERTIFIED CANVAS
RALEIGH COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2025
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
Assessed Value Levy Taxes
for Tax Purposes Rate/$100 Levied
CLASS I
Personal Property $ – 19.40 $ –
Public Utility – –
Total Class I $ – $ –
CLASS II
Real Estate $ 1,351,385,430 38.80 $ 5,243,375
Personal Property 15,257,932 59,201
Total Class II $ 1,366,643,362 $ 5,302,576
CLASS III
Real Estate $ 591,031,250 77.60 $ 4,586,403
Personal Property 807,372,531 6,265,211
Public Utilities 261,364,813 2,028,191
Total Class III $ 1,659,768,594 $ 12,879,805
CLASS IV
Real Estate $ 335,049,130 77.60 $ 2,599,981
Personal Property 176,973,450 1,373,314
Public Utilities 46,350,458 359,680
Total Class IV $ 558,373,038 $ 4,332,975
Total Assessed Valuation and
Projected Gross Tax Collections $ 3,584,784,994 $ 22,515,356
Less Allowance for Uncollectibles, Exonerations
and Delinquencies 7.00% (1,576,075)
Less Allowance for Tax Discounts 2.00% (418,786)
Less Allowance for Tax Increment Financing – see worksheet
(Subtracted from regular current expense tax levy only) (470,358)
Net Projected Tax Collections, before allowance for
Assessor’s Valuation Fund 20,050,137
Less – Allowance for Assessor’s Valueation Fund 2.00% (401,003)
(Subracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $ 19,649,134
Note: Copies of all approved excess and/or bond levy orders and certified copies of the canvass of votes must be on file with the State Auditor’s Office and the State Department of Education before excess or bond levy rates can be approved.
SIGNED THIS 30th DAY OF APRIL, 2024 BY
Serena L. Starcher SECRETAY OF THE BOARD OF EDUCATION
SCHEDULE OF PROPOSED LEVY RATES – PENDING CERTIFIED CANVAS
RALEIGH COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2025
SIGNED THIS 30th DAY OF APRIL, 2024 BY
Serena L. Starcher SECRETAY OF THE BOARD OF EDUCATION
SCHEDULE OF PROPOSED LEVY RATES – PENDING CERTIFIED CANVAS
ALLOWANCE FOR TAX INCREMENT FINANCING
RALEIGH COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2025
Column C Current Expense Levy
Roll Back Levy Taxes
Value Form Rate/$100 Levied
CLASS I
Personal Property $ – 19.40 $ –
Public Utility – –
Total Class I $ – $ –
CLASS II
Real Estate $ 100,486,560 38.80 $ 389,888
Personal Property – –
Total Class II $ 100,486,560 $ 389,888
CLASS III
Real Estate $ 16,262,230 77.60 $ 126,195
Personal Property – –
Public Utilities – –
Total Class III $ 16,262,230 $ 126,195
CLASS IV
Real Estate $ – 77.60 $ –
Personal Property – –
Public Utilities – –
Total Class IV $ – $ –
Total Value & Projected Revenue $ 116,748,790 $ 516,083
Less Allowance for Uncollectibles, Exonerations
and Delinquencies 7.00% (36,126)
Less Allowance for Tax Discounts 2.00% (9,599)
Allowance for Tax Increment Financing 470,358
SIGNED THIS 30th DAY OF APRIL, 2024 BY
Serena L. Starcher SECRETAY OF THE BOARD OF EDUCATION