PROPOSED LEVY ORDER AND RATE SHEET
OHIO COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2024
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 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 1,002,728,980 38.80 3,890,588
Personal Property 1,289,584 5,004
Total Class II 1,004,018,564 3,895,592
Class IIi
Real Estate 450,429,510 77.60 3,495,333
Personal Property 1,036,297,343 8,041,667
Public Utilities 49,345,234 382,919
Total Class III 1,536,072,087 11,919,919
Class IV
Real Estate 425,092,140 77.60 3,298,715
Personal Property 316,804,764 2,458,405
Public Utilities 67,366,447 522,764
Total Class V 809,263,351 6,279,884
Total Assessed Valuation and Projected
Gross Tax Collections $3,349,354,002 $22,095,395
Less Allowance for Uncollectible, Exonerations and Delinquencies 3.00% (662,862)
Less Allowance for Tax Discounts 1.00% (214,325)
Less Allowance for Tax Increment Financing
(Subtracted from regular current expense tax levy only) (2,309,647)
Net Projected Tax Collections, before allowance for Assessor’s Valuation Fund 18,908,561
Less – Allowance for Assessor’s Valuation Fund 2.00% (378,171)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $18,530,390
PROPOSED LEVY ORDER AND RATE SHEET
OHIO COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2024
Excess Levy Permenant Improvement Bond Levy
Levy Taxes Levy Taxes Levy Taxes
Rate/$100 Levied Rate/$100 Levied Rate/$100 Levied
Class I
Personal Property 21.92 – – – – 3.41 –
Public Utilities – – –
Total Class I – – –
Class II
Real Estate 43.84 4,395,964 – – 6.82 683,861
Personal Property 5,654 – 879
Total Class II 4,401,618 – 674,740
Class III
Real Estate 87.68 3,949,366 – – 13.64 614,386
Personal Property 9,086,255 – 1,413,510
Public Utilities 432,659 – 67,307
Total Class III 13,468,280 – 2,095,203
Class IV
Real Estate 87.68 3,727,208 – – 13.64 579,826
Personal Property 2,777,744 – 432,122
Public Utilities 590,669 – 91,888
Total Class IV 7,095,621 – 1,103.836
Total Assessed Valuation and Projected
Gross Tax Collections $24,965,519 – $3,883,779
Less Allowance for
Uncollectible,
Exonerations and
Delinquencies 3.00% (748,966) – 9.33% 362,529
Less Allowance for
Tax Discounts 1.00% (242,166) –
Projected Net Taxes to be Collected $23,974,387 – $3,521,250
Total Projected Net Taxes from
Regular and Excess Levies $42,504,777
PROPOSED LEVY ORDER AND RATE SHEET
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 Levy Taxes
Value Form Rate/$100 Levied
Class I
Personal Property – 19.40 –
Public Utilities – –
Total Class I – –
Class II
Real Estate 279,680 38.80 1,085
Personal Property – –
Total Class II 279,680 1,085
Class III
Real Estate 171,189,540 77.60 1,328,431
Personal Property 60,295,004 467,889
Public Utilities – –
Total Class III 231,484,544 1,796.320
Class IV
Real Estate 48,655,410 77.60 377,566
Personal Property 29,659,768 230,160
Public Utilities – –
Total Class IV 78,315,178 607,726
Total Value & Projected Revenue $310,079,402 $2,405,131
Less Allowance for Uncollectible, Exonerations and Delinquencies 3.00% (72,154)
Less Allowance for Tax Discounts 1.00% (23,330)
Allowance for Tax Increment Financing 2,309,647
Note: Copies of all approved excess and/or bond levy orders andcertified 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 27TH DAY OF March 2023, BY
Kimberly S. Miller
COUNTY SUPERINTENDENT
Int& NR April 4, 7, 11, 2023