OHIO COUNTY BOARD OF EDUCATION
SCHEDULE OF PROPOSED LEVY RATES
REGULAR CURRENT EXPENSE LEVY
2016-2017
The following is a true copy from the record of orders entered by OHIO COUNTY BOARD OF EDUCATION on the 28th day of March 2016.
Column E Current Expense Levy
Certificate of Valuation Levy Rate/ Taxes
Assessed Value for Tax Purposes $100 Levied
Current Year
Class I
Personal Property $ – 19.40 $ –
Public Utility – –
Total Class I – –
Class II
Real Estate 867,718,290 38.80 3,366,747
Personal Property 1,545,316 5,996
Total Class II 869,263,606 3,372,743
Class III
Real Estate 328,498,950 77.60 2,549,152
Personal Property 661,881,239 5,136,198
Public Utility 51,794,164 401,923
Total Class III 1,042,174,353 8,087,273
Class IV
Real Estate 360,099,790 77.60 2,794,374
Personal Property 267,482,402 2,075,663
Public Utility 63,263,985 490,929
Total Class IV 690,846,177 5,360,966
Total Value & Projected Revenue $2,602,284,136 $16,820,982
Less Delinquencies, Exonerations,
& Uncollectable Taxes 3.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 504,629
Less Tax Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 163,164
Less Allowance for Tax
Increment Financing – see
worksheet (Subtracted from
regular current expense tax
levy only) 2,003,873
Total Projected Property Tax Collection 14,149,316
Less Assessor Valuation Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 282,986
(Subtracted from regular current
expense tax levy only)
Net Amount to be Raised by Levy of Property Taxes For Budget Purposes $13,866,330
SCHEDULE OF PROPOSED LEVY RATES
EXCESS LEVY PAGE
2016-2017
Column E Certificate of Valuation Levy Taxes Assessed Value for Tax Purposes Rate/$100 Levied
Current Year
Class I
Personal Property – 21.46 $0 Public Utility – $0 Total Class I – $0
Class II
Real Estate $867,718,290 42.92 3,724,247
Personal Property 1,545,316 6,632
Total Class II 869,263,606 $3,730,879
Class III
Real Estate $328,498,950 85.84 2,819,835
Personal Property 661,881,239 5,681,589
Public Utility 51,794,164 444,601
Total Class III $1,042,174,353 $8,946,025
Class IV
Real Estate $360,099,790 85.84 3,091,097
Personal Property 267,482,402 2,296,069
Public Utility 63,263,985 543,058
Total Class IV $690,846,177 $5,930,224
Total Value & Projected Revenue $2,602,284,136 18,607,128
Less Delinquencies, Exonerations,
& Uncollectable Taxes 3.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 558,214
Less Tax Discounts 100{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 180,489
Net Amount to be Raised by Levy For Budget Purposes: 17,868,425
SCHEDULED OF PROPOSED LEVY RATES
BOND LEVY
2016-2017
Column E Certificate of Valuation Levy Levy
Assessed Value for Tax Purposes Rate/$100 Levied
Current Year
Class I
Personal Property 1.41 $0
Public Utility – $0 Total Class I – $0
Class II
Real Estate $867,718,290 2.82 $244,697 Personal Property 1,545,316 436 Total Class II $869,263,606 $245,133
Class III
Real Estate $328,498,950 5.64 $185,273
Personal Property 661,881,239 373,301 Public Uility 51,794,164 29,212 Total Class III $1,042,174,353 $587,786 Class IV
Real Estate $360,099,790 5.64 203,096 Personal Property 267,482,402 150,860 Public Utility 63,263,985 35,681
Total Class IV $690,846,177 389,637
Total Value &
Projected Revenue $2,602,284,136 1,222,556
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 28th DAY OF MARCH, 2016, BY
DIANNA M. VARGO, COUNTY SUPERINTENDENT
Int. April 1, 8, 2016
N.R. April 1, 8, 2016
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