SCHEDULE OF PROPOSED LEVY RATES
Hancock COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2027
The following is a true copy from the record of orders entered by Hancock County Board of Education on the 23rd day of April, 2026
Column E Current Expense Levy
Certificate of Valuation
Assessed Value for Levy Taxes
Tax Purposes Rate/$100 Levied
Class I
Personal Property $ – 19.40 –
Public Utilities – –
Total Class I – –
Class II
Real Estate 534,541,650 38.80 2,074,022
Personal Property 2,056,480 7,979
Total Class II 536,598,130 2,082,001
Class III
,Real estate 107,900,570 77.60 837,308
Personal Property 305,432,287 2,370,155
Public Utilities 74,028,592 574,462
Total Class III 487,381,449 3,781,925
Class IV
Real Estate 156,859,360 77.60 1,217,229
Personal Property 115,209,494 894,026
Public Utilities 46,709,070 362,462
Total Class IV 318,777,924 2,473,717
Total Assessed Valuation and
Projected Gross Tax Collections $1,342,737,503 $8,337,543
Less Allowance for Uncollectibles,
Exonerations and Delinquiencies 4.00% (333,505)
Less Allowance for Tax Discounts 1.00% (80,041)
Less Allowance for Tax Increment Financing
(Subtracted from regular current expense tax levy only) –
Net Projected Tax Collections, before allowance for Assessor’s Valuation Fund 7,924,086
Less- Allowance for Assessor’s Valuation Fund 1.50% (118,861)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $7,806,235
Note: Copies of all approved excess and/or bond levy orders and certified copies of the canvass of votes must be on files with the State Auditor’s Office and the State Department of Education before excess or bond levy rates can be approved.
Signed this 23rd day of April 2026, by Walter Saunders, Secretary of the Board of Education
SCHEDULE OF PROPOSED LEVY RATES
Hancock COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2027
The following is a true copy from the record of orders entered by Hancock County Board of Education on the 24th day of March, 2025
Excess Levy Bond Levy
Levy Taxes Levy Taxes
Rate/$100 Levied Rate/$100 Levied
Class I
Personal
Property 22.95 $ – 8.65 $ –
Public
Utilities – –
Total Class I – –
Class II
Real Estate 45.90 2,453,546 17.30 924,757
Personal Property 9,439 3,558
Total Class II 2,462,985 928,315
Class III
Real Estate 91.80 990,527 34.60 373,336
Personal Property 2,803,888 1,056,786
Public Utilities 679,582 256,139
Total Class III 4,473,977 1,886,271
Class IV
Real Estate 91.80 1,439,969 34.60 542,733
Personal Property 1,057,623 388,625
Public Utilities 428,789 161,613
Total Class IV 2,926,381 1,102,971
Total Assessed
Valuation and Projected
Gross Tax
Collections $9,863,343 $3,717,557
Less Allowance for
Uncollectables,
Exonerations and
Delinquencies 4.00% (394,534) 3.40% 126,389
Less Allowance
For Tax
Discounts 1.00% (94,688) –
Less Allowance for Tax Increment Financing
See Worksheet P/I
Projected Net Taxes
to be Collected $9,374,121 $3,591,168
Total Projected Net Taxes
from Regular and Excess
Levies $17,179,356
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 levey rates can be approved.
SIGNED THIS 23rd DAY OF April, 2026, BY Walter Saunders, SECRETARY OF THE BOARD OF EDUCATION
WDT March 30, April 6, 2026