Announcements

Tucker Co BOE Proposed Levy Rates

Legal 3 col x 5-1/4”
0327 0403

TUCKER COUNTY BOARD OF EDUCATION
SCHEDULE OF PROPOSED LEVY RATES
REGULAR CURRENT EXPENSE LEVY
2024 – 2025
The following is a true copy from the record of orders entered by TUCKER COUNTY BOARD OF EDUCATION on the 18th day of March 2024.

 

Column E
Certificate of Valuation Levy Taxes
Assessed Value for Tax Purposes Rate/$100 Levied
Current Year
Class I
Personal Property $ – 19.40 $ –
Public Utility – –
Total Class I $ – $ –
Class II
Real Estate $ 345,761,800 38.80 $ 1,341,556
Personal Property 2,290,433 8,887
Total Class II $ 348,052,233 $ 1,350,443
Class III
Real Estate $ 255,791,740 77.60 $ 1,984,944
Personal Property 126,114,634 978,650
Public Utility 53,645,530 416,289
Total Class III $ 435,551,904 $ 3,379,883
Class IV
Real Estate $ 52,181,880 77.60 $ 404,931
Personal Property 23,872,424 185,250
Public Utility 8,329,446 64,637
Total Class IV $ 84,383,750 $ 654,818
Total Value & Projected
Revenue $ 867,987,887 $ 5,385,144
Less Delinquencies, Exonerations & Uncollectable Taxes 2.50% 134,629
Less Tax Discounts 2.00% 105,010
Less Allowance for Tax Increment Financing – see worksheet
(Subtracted from regular current expense taxes levied only)
Total Projected Property Tax Collection 5,145,505
Less Assessor Valuation Fund 1.50% 77,183
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes
for Budget Purposes $ 5,068,825