SCHEDULE OF PROPOSED LEVY RATES
WOOD COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2017
The following is a true copy from the record of orders entered by WOOD COUNTY BOARD OF EDUCATION on the 19th day of March 2016:
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 1,793,869,580 38.80 6,960,214
Personal Property 7,144,426 27,720
Total Class II 1,801,014,006 6,987,934
Class III
Real Estate 249,193,440 77.60 1,933,741
Personal Property 468,863,227 3,638,379
Public Utilities 104,700,050 812,472
Total Class III 822,756,717 6,384,592
Class IV
Real Estate 433,279,660 77.60 3,362,250
Personal Property 288,770,972 2,240,863
Public Utilities 78,491,127 609,091
Total Class IV 800,541,759 6,212,204
Total Assessed Valuation and Projected Gross
Tax Collections $3,424,312,482 $19,584,730
Less Allowance for Uncollectibles, Exonerations and Delinquencies 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (391,695)
Less Allowance for Tax Discounts 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (383,861)
Less Allowance for Tax Increment Financing – see worksheet
(Subtracted from regular current expense tax levy only) (10,821)
Net Projected Tax Collections, before allowance for Assessorás Valuation Fund 18,798,353
Less – Allowance for Assessorás Valuation Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (375,967)
(Subtracted from regular current expense tax levy only)
Projected Net Taxes to be Collected $18,422,386
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 Auditorás Office and the State Department of Education before excess or bond levy rates can be approved.
SIGNED THIS19th DAY OF MARCH, 2016,
BY John Flint
SECRETARY OF THE BOARD OF EDUCATION
/s/: John Flint
SCHEDULE OF PROPOSED LEVY RATES
WOOD COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2017
The following is a true copy from the record of orders entered by SAMPLE COUNTY BOARD OF EDUCATION on the 19th day of March 2016:
Excess Levy Permanent Improvement Bond Levy
Levy Taxes Levy Taxes Levy Taxes
Rate/$100 Levied 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 6,587,089 — — 6.96 1,248,533
Personal Property 26,234 — 4,973
Total Class II 6,613,323 1,253,506
Class III
Real Estate 73.44 1,830,077 — — 13.92 346,877
Personal Property 3,443,332 — 652,658
Public Utilities 768,917 — 145,742
Total Class III 6,042,326 — 1,145,277
Class IV
Real Estate 73.44 3,182,006 — — 13.92 603,125
Personal Property 2,120,734 — 401,969
Public Utilities 576,439 — 109,260
Total Class IV 5,879,179 — 1,114,354
Total Assessed Valuation
and Projected Gross Tax
Collections 18,534,828 $ — $3,513,137
Less Allowance for
Uncollectibles, Exonerations
and Delinquencies 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (370,697) 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} — 9.18{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 322,587
Less Allowance for Tax
Discounts 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (363,283) 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} —
Less Allowance for Tax Increment Financing —
See Worksheet P/I
Net Projected Tax Collections before Asessorás Fund —
Less – Allowance for Assessorás Valuation Fund —
Projected Net Taxes to be
Collected $17,800,848 $ — $3,190,550
Total Projected Net Taxes
from Regular and Excess
Levies $36,223,234
SIGNED THIS19th DAY OF MARCH, 2016,
BY John Flint
SECRETARY OF THE BOARD OF EDUCATION
/s/: John Flint
SCHEDULE OF PROPOSED LEVY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
WOOD COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2017
The following is a true copy from the record of orders entered by WOOD COUNTY BOARD OF EDUCATION on the 19th day of March 2016:
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 — 38.80 —
Personal Property — —
Total Class II — —
Class III
Real Estate — 77.60 —
Personal Property — —
Public Utilities — —
Total Class III — —
Class IV
Real Estate 1,451,940 77.60 11,267
Personal Property — —
Public Utilities — —
Total Class IV 1,451,940 11,267
Total Value & Projected Revenue $1,451,940 $ 11,267
Less Allowance for Uncollectibles, Exonerations and Delinquencies 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (225)
Less Allowance for Tax Discounts 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} (221)
Allowance for Tax Increment Financing 10,821
SIGNED THIS19th DAY OF MARCH, 2016,
BY John Flint
SECRETARY OF THE BOARD OF EDUCATION
/s/: John Flint
SCHEDULE OF PROPOSED LEVY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
WOOD COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2017
The following is a true copy from the record of orders entered by WOOD COUNTY BOARD OF EDUCATION on the 19th day of March 2016:
Column C Permanent Improvement
Roll Back Levy Taxes
Value Form Rate/$100 Levied
Class I
Personal Property $ 0.00 — $ —
Public Utilities — —
Total Class I — —
Class II
Real Estate $ 0.00 — —
Personal Property — —
Total Class II — —
Class III
Real Estate $ 0.00 — —
Personal Property — —
Public Utilities — —
Total Class Il — —
Class IV
Real Estate $1,451,940.00 — —
Personal Property — —
Public Utilities — —
Total Class IV 1,451,940 —
Total Value & Projected Revenue 1,451,940 $ —
Less Allowance for Uncollectibles, Exonerations and Delinquencies 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} —
Less Allowance for Tax Discounts 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} —
Allowance for Tax Increment Financing —
SIGNED THIS19th DAY OF MARCH, 2016,
BY John Flint
SECRETARY OF THE BOARD OF EDUCATION
/s/: John Flint
Apr 28, May 5