SCHEDULE OF PROPOSED LEVY RATES
WOOD COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2021
The following is a true copy from the record of orders entered by WOOD COUNTY BOARD OF EDUCATION on the 24th day of March 2020:
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 2,041,503,230 38.80 7,496,400
Personal Property 7,403,306 28,725
Total Class II 2,048,906,536 7,949,758
Class III
Real Estate 264,166,870 77.60 2,049,935
Personal Property 507,051,247 3,934,718
Public Utilities 132,705,183 1,029,792
Total Class III 903,923,300 7,014,445
Class IV
Real Estate 474,652,160 77.60 3,683,301
Personal Property 320,533,280 2,487,338
Public Utilities 93,384,552 724,664
Total Class IV 888,569,992 6,895,303
Total Assessed Valuation and Projected Gross
Tax Collections $3,841,399,828 $21,859,506
Less Allowance for Uncollectibles, Exonerations and Delinquencies 2.00% (437,190)
Less Allowance for Tax Discounts 2.00% (428,446)
Less Allowance for Tax Increment Financing (36,414)
Net Projected Tax Collections, before allowance for Assessor’s Valuation Fund 20,957,456
Less – Allowance for Assessor’s Valuation Fund 2.00% (419,149)
Projected Net Taxes to be Collected $20,538,307
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.
Excess Levy Bond Levy
Levy Taxes Levy Taxes
Rate/$100 Levied Rate/$100 Levied
Class I
Personal Property 18.36 $ — 3.48 $ —
Public Utilities $ — $ —
Total Class I $ – $ —
Class II
Real Estate 36.72 7,496,400 6.96 1,420,886
Personal Property 27,185 5,153
Total Class II 7,523,585 1,426,039
Class III
Real Estate 73.44 1,940,041 13.92 367,720
Personal Property 3,723,784 705,815
Public Utilities 974,587 184,726
Total Class III 6,638,412 1,258,261
Class IV
Real Estate 73.44 3,485,845 13.92 660,716
Personal Property 2,353,996 446,182
Public Utilities 685,816 129,991
Total Class IV 6,525,657 1,236,889
Total Assessed Valuation and Projected Gross
Tax Collections $ 20,687,654 $3,921,189
Less Allowance for Uncollectibles, Exonerations
and Delinquencies 2.00% (413,753) 9.18% (360,089)
Less Allowance for Tax Discounts 2.00% (405,478)
Less Allowance for Tax Increment Financing
Net Projected Tax Collections before Asessor’s Valuation Fund
Less – Allowance for Assessor’s Valuation Fund
Projected Net Taxes to be Collected $19,868,423 $3,561,100
$40,406,730
SIGNED THIS 24th DAY OF MARCH 2020
/s/; William Hosaflook SECRETARY OF THE BOARD OF EDUCATION
Mar 26, Apr 2