SCHEDULE OF PROPOSED LEVY RATES MARION COUNTY BOARD OF EDUCATION

SCHEDULE OF PROPOSED LEVY RATES
MARION 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 Marion COUNTY BOARD OF EDUCATION on the 16th day of March 2020.
Column E Current Expense Levy
Certificate of Valuation Levy Taxes
Assessed Value for Tax Purposes Rate/$100 Levied
Class II
Real Estate 1,323,229,590 38.80 5,134,131
Personal Property 2,285,500 8,868
Total Class II 1,325,515,090 5,142,999
Class III
Real Estate 271,336,130 77.60 2,105,568
Personal Property 311,840,875 2,419,885
Public Utilities 139,098,049 1,079,401
Total Class III 722,275,054 5,604,854
Class IV
Real Estate 356,653,700 77.60 2,767,633
Personal Property 201,887,463 1,566,647
Public Utilities 122,017,921 946,859
Total Class IV 680,559,084 5,281,139
Total Assessed Valuation and Projected Gross
Gross Tax Collections $2,728,349,228 $16,028,992
Less Allowance for Uncollectibles, Exonerations and Delinquencies 5.00% (801,450)
Less Allowance for Tax Discounts 2.00% (304,551)
Less Allowance for Tax Increment Financing – see worksheet
(Subtracted from regular current expense tax levy only) – (211,489)
Net Projected Tax Collections, before allowance for Assessor’s Valuation Fund 14,711,502
Less – Allowance for Assessor’s Valuation Fund 2.00% (294,230)
Projected Net Taxes to be Collected $ 14,417,272
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
Departent of Education before escess or bond levy rates can be approved.
SIGNED THIS 16th DAY OF MARCH, 2020, BY
Randall Farley , Secretary of the Board of Education
SCHEDULE OF PROPOSED LEVY RATES
MARION 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 MARION COUNTY BOARD OF EDUCATION on the 16th day of March 2020
EXCESS LEVY PERMANENT IMPROVEMENT BOND LEVY
LEVY TAXES LEVY TAXES LEVY TAXES
RATE/$100 LEVIED RATE/$100 LEVIED RATE/$100 LEVIED
CLASS II
Real Estate 45.90 6,073,624 – – 2.64 349,333
Personal Property 10,490 – 603
Total Class II 6,084,114 – 349,936
CLASS III
Real Estate 91.80 2,490,866 – – 5.28 143,265
Personal Property 2,862,699 – 164,652
Public Utilities 1,276,920 – 73,444
Total Class III 6,630,485 – 381,361
CLASS IV
Real Estate 91.80 3,274,081 – – 5.28 188,313
Personal Property 1,853,327 – 106,597
Public Utilities 1,120,125 – 64,425
Total Class IV 6,247,533 – 359,335
Total Assessed Valuation and
Projected Gross Tax
Collections $ 18,962,132 $ – $ 1,090,632
Less Allowance for
Uncollectible,
Exonerations and
Delinquencies 5.00% (948,107) 5.00% – 9.29% (101,354)
Less Allowance for
Tax Discounts 2.00% (360,281) 2.00% –
Projected Net Taxes to
be Collected $ 17,653,744 – $ 989,278
Total Projected Net Taxes
from Regular and Excess
Levies $ 32,071,016
SCHEDULED OF PROPOSED LEVY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
MARION COUNTY BOARD OF EDUCATION
For te Fiscal year Ended June 30, 2021
The following is a true copy from the record entered by MARION COUNTY BOARD OF EDUCATION on the 16th day of March, 2020.
Column C Current Expenses Levy
Roll Back Levy Rates Taxes
Value Form Rates/$100 Levied
Class II
Real Estate 13,140,450 38.80 50,985
Personal Property – – –
Total Class II 13,140,450 – 50,985
Class IV
Real Estate 15,695,040 77.60 121,794
Personal Property 7,008,189 – 54,384
Public utilities – – –
Total Class IV 22,703,229 – 176,178
Total Value & Projected Revenue
$35,843,679 $227,163
Less Allowance for Uncollectibles,
Exonerations and Delinquencies 5.00% (11,358)
Less Allowance for Tax Discounts 2.00% (4,316)
Allowance for Tax Increment Financing 221,489
SIGNED THIS 16th DAY OF MARCH 2020, BY RANDALL FARLEY, SECRETARY OF THE BOARD OF EDUCATION
Times: April 2, 9, 2020