RANDOLPH COUNTY BOARD OF EDUCATION
SCHEDULE OF PROPOSED LEVY RATES
REGULAR CURRENT EXPENSE LEVY
2023 – 2024
The following is a true copy from the record of orders entered by RANDOLPH COUNTY BOARD OF EDUCATION on the 21st day of March 2023.
Debra L. Schmidlen
Secretary of the Board of Education
Column E
Certificate of Valuation Levy Taxes
Assessed value for Tax Purposes Rate/$100 Levied
Current Year
Class I
Personal Property $0 19.40 $0
Public Utility 0 0
Total Class I $0 $0
Class II
Real Estate 646,320,130 38.80 $2,507,722
Personal Property 10,788,288 41,859
Total Class II $657,108,418 $2,549,581
Class III
Real Estate $251,076,030 77.60 $1,948,350
Personal Property 227,098,016 1,762,781
Public Utility 178,930,498 1,388,501
Total Class III $657,104,544 $5,099,132
Class IV
Real Estate $122,462,000 77.60 $950,305
Personal Property 78,918,339 612,406
Total Utility 22,682,983 176,020
Total Class IV $224,063,322 $1,738,731
Total Value & Projected Revenue $1,538,276,284 $9,387,444
Less Delinquencies, Exonerations & Uncollectable Taxes 2.00% 187,749
Less Tax Discount 2.00% 183,994
Less Allowance for Tax Increment Financing – see worksheet 0
(Subtracted from regular current expense taxes levied only)
Total Projected Property Tax Collection 9,015,701
Less Assessor Valuation Fund 2.00% 180,314
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes For Budget Purposes $8,835,387
3/27, 4/3