SCHEDULE OF PROPOSED LEVY RATES
RANDOLPH COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2025
The following is a true copy from the record of orders entered by RANDOLPH COUNTY BOARD OF EDUCATION on the 19th day of March 2024:
Column E Current Expense Levy
Certificate of Valuation Levy Taxes
Assessed Value for Rate/$100 Levied
Tax Purposes
Class I
Personal Property $- 19.40 $-
Public Utilities – –
Total Class I – –
Class II
Real Estate 676,246,760 38.80 2,623,837
Personal Property 11,796,818 45,772
Total Class II 688,043,578 2,669,609
Class III
Real Estate 278,369,200 77.60 2,160,145
Personal Property 248,681,242 1,929,766
Public Utilities 188,547,013 1,463,125
Total Class III 715,597,455 5,553,036
Class IV
Real Estate 129,322,000 77.60 1,003,539
Personal Property 82,875,421 643,113
Public Utilities 21,647,258 167,983
Total Class IV 233,844,679 1,814,635
Total Assessed Valuation and
Projected Gross Tax
Collections $1,637,485,712 $10,037,280
Less Allowance for Uncollectibles,
Exonerations and Delinquencies 2.00% (200,746)
Less Allowance for Tax Discounts 2.00% (196,731)
Less Allowance for Tax Increment Financing – see worksheet
(Subtracted from regular current expense tax levy only) (40,403)
Net Projected Tax Collections, before
allowance for Assessor’s Valuation Fund 9,599,400
Less – Allowance for Assessor’s
Valuation Fund 2.00% (191,988)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $9,407,412
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 19th DAY OF MARCH 2024,
BY SECRETARY OF THE BOARD OF EDUCATION
Debbie Schmidlen
SCHEDULE OF PROPOSED LEVY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
RANDOLPH COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2025
The following is a true copy from the record of orders entered by RANDOLPH COUNTY BOARD OF EDUCATION on the 19th day of March 2024:
Column C Current Expense Levy
Roll Back Levy Taxes
Value Form Rate/$100 Levied
Class I
Personal Property $-1 9.40 $-
Public Utilities – –
Total Class I – –
Class II
Real Estate 284,414 38.80 1,104
Personal Property – –
Total Class II 284,414 1,104
Class III
Real Estate – 77.60 –
Personal Property – –
Public Utilities – –
Total Class III – –
Class IV
Real Estate 2,185,170 77.60 16,957
Personal Property 3,093,793 24,008
Public Utilities – –
Total Class IV 5,278,963 40,965
Total Value & Projected Revenue $5,563,377 $42,069
Less Allowance for Uncollectibles,
Exonerations and Delinquencies 2.00% (841)
Less Allowance for Tax Discounts 2.00% (825)
Allowance for Tax Increment Financing 40,403
SIGNED THIS 19th DAY OF MARCH 2024,
BY SECRETARY OF THE BOARD OF EDUCATION
Debbie Schmidlen
3/22, 3/29