SCHEDULE OF PROPOSED LEVY RATES
OHIO 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 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 1,004,694 38.80 3,898,216
Personal Property 1,356,032 5,261
Total Class II 1,006,050,752 3,903,477
Class III
Real Estate 332,098,200 77.60 2,577,082
Personal Property 790,581 6,134,911
Public Utilities 55,762,688 432,718
Total Class III 1,178,442,212 9,144,711
Class IV
Real Estate 424,005,090 77.60 3,290,279
Personal Property 282,105,666 2,189,140
Public Utilities 60,127,992 466,593
Total Class IV 766,238,748 5,946,012
Total Assessed Valuation and Projected Gross Tax Collections $2,950,731,712 $18,994,200
Less Allowance for Uncollectibles,
Exonerations, Delinquencies 3.00% (569,826)
Less Allowance for Tax Discounts 1.00% (184,244)
Less Allowance for Tax Increment Financing-
see worksheet
(Subtracted from regular current expense tax levy only) (2,273,153)
Net Projected Tax Collections, before allowance for
Assessor’s Valuation Fund 15,966,977
Less – Allowance for Assessor’s Valuation Fund 2.00% (319,340)
(Subtracted from regular current
expense tax levy only)
Projected Net Taxes to be Collected $15,647,637
SCHEDULE OF PROPOSED LEVY RATES
OHIO COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2023
Excess Levy Bond Levy
Levy Taxes Levy Taxes
Rate/$100 Levied Rate/$100 Levied
Class I
Personal Property 21.92 – 3.95 – Public Utilities – –
Total Class I – –
Class II
Real Estate 43.84 4,404,582 7.90 793,709
Personal Property 5,945 1,071
Total Class II 4,410,527 794,780
Class III
Real Estate 87.68 2,911,837 15.80 524,715
Personal Property 6,931,817 1,193,357
Public Utilities 488,927 88,105
Total Class III 10,332,581 1,861,938
Class IV
Real Estate 87.68 3,717,677 15.80 669,928 Personal Property 2,473,502 445,727 Public Utilities 527,202 95,002 Total Class IV 6,718,381 1,210,657
Total Assessed Valuation and Projected Gross Tax Collections $21,461,489 $3,867,375
Less Allowance for Uncollectibles,
Exonerations and
Delinquencies 3.00% (643,845) 9.15% 353,825 Less Allowances for Tax
Discounts 1.00% (208,176)
Projected Net Taxes to be
Collected $20,609,468 3,513,550
Projected Net Taxes
from Regular and Excess Levies $36,257,105
SCHEDULED OF PROPOSED LEBY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
OHIO COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2023
Column C Current Expense Levy
Roll Back Value Form Levy Taxes
Rate/$100 Levied
Class I
Personal Property – 19.40 cents $ –
Public Utilities – –
Total Class I – –
Class II
Real Estate 304,410 38.80 cents 1,181
Personal Property – –
Class III
Real Estate 176,513,940 77.60 cents 1,369,748
Personal Property 53,247,063 413,197
Public Utilities – –
Total Class III 229,761,003 1,782,945
Class IV
Real Estate 53,566,960 77.60 cents 415,680
Personal Property 21,562,129 167,322
Public Utilities – –
Total Class IV 75,129,089 583,002
Total Value &
Projected Revenue $ 305,194,502 $ 2,367,128
Less allowance for Uncollectibles,
Exonerations and Delinquencies 3.00% (71,014)
Less Allowance for Tax Discounts 1.00% (22,961)
Allowance for Tax Increment Financing 2,273,153
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, 2022, BY
Kimberly S. Miller,
COUNTY SUPERINTENDENT
Intelligencer & News-Register April 7, 11, 14, 2022