SCHEDULE OF PROPOSED LEVY RATES
MCDOWELL COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2024
The following is a true copy from the record of orders entered by MCDOWELL COUNTY BOARD OF EDUCATION on the 20th day of March 2023:
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 $ 42,100,660 38.80 $ 163,351
Personal Property 3,030,582 11,759
Total Class II $ 45,131,242 $ 175,110
CLASS III
Real Estate $ 137,881,380 77.60 $ 1,069,960
Personal Property 204,207,471 1,584,650
Public Utilities 197,321,305 1,531,213
Total Class III $ 539,410,156 $ 4,185,823
CLASS IV
Real Estate $ 33,836,760 77.60 $ 262,573
Personal Property 44,673,123 346,663
Public Utilities 29,525,840 229,121
Total Class IV $ 108,035,723 $ 838,357
Total Value & Projected Gross
Tax Collections $ 692,577,121 $5,199,290
Less Allowance for Uncollectibles, Exonerations
and Delinquencies 15.00% (779,894)
Less Allowance for Tax Discounts 2.00% (88,388)
Less Allowance for Tax Increment Financing – see worksheet
(Subtracted from regular current expense tax levy only) –
Net Projected Tax Collections, before allowance for Assessor’s Valuation Fund 4,331,008
Less – Allowance for Assessor’s Valueation Fund 2.00% (86,620)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $ 4,244,388
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 20th DAY OF MARCH, 2023 BY
Ingrida Barker SECRETAY OF THE BOARD OF EDUCATION
Ingrida Barker
Signature
SCHEDULE OF PROPOSED LEVY RATES
MCDOWELL COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2024
The following is a true copy from the record of orders entered by MCDOWELL COUNTY BOARD OF EDUCATION on the 20th day of March 2023:
SIGNED THIS 20th DAY OF MARCH, 2023 BY
Ingrida Barker SECRETAY OF THE BOARD OF EDUCATION
Ingrida Barker
Signature
ID: 696934