| LEVY PAGE - FISCAL YEAR 2005 - 2006 | ||||||||
| REGULAR CURRENT EXPENSE LEVY | Page 3 | |||||||
| Entity: | Berkeley County Commission | |||||||
| Column E | ||||||||
| Certificate of Valuation | Levy | Taxes | ||||||
| Assessed Value for Tax Purposes | Rate/$100 | Levied | ||||||
| Class I | ||||||||
| Personal Property | $ | 7,020,297 | 11.64 | $ | 8,172 | |||
| Public Utility | ||||||||
| Total Class I | $ | 7,020,297 | $ | 8,172 | ||||
| Class II | ||||||||
| Real Estate | $ | 1,850,452,210 | 23.28 | $ | 4,307,853 | |||
| Personal Property | 11,402,660 | 26,545 | ||||||
| Total Class II | $ | 1,861,854,870 | $ | 4,334,398 | ||||
| Clas III | ||||||||
| Real Estate | $ | 503,888,910 | 46.56 | $ | 2,346,107 | |||
| Personal Property | 284,491,955 | 1,324,595 | ||||||
| Public Utility | 93,575,790 | 435,689 | ||||||
| Total Class III | $ | 881,956,655 | $ | 4,106,390 | ||||
| Class IV | ||||||||
| Real Estate | $ | 208,004,720 | 46.56 | $ | 968,470 | |||
| Personal Property | 72,160,159 | 335,978 | ||||||
| Public Utility | 34,789,357 | 161,979 | ||||||
| Total Class IV | $ | 314,954,236 | $ | 1,466,427 | ||||
| 335,978 | ||||||||
| Total Value & Projected Revenue | $ | 3,065,786,058 | $ | 9,915,387 | ||||
| Less Delinquencies, Exonerations & Uncollectable Taxes | 3% | . . . . . . . . | 297,462 | |||||
| Less Tax Discounts | 2% | . . . . . . . . | 192,359 | |||||
| Less Allowance for Tax Increment Financing - see worksheet | ||||||||
| (Subtracted from regular current expense taxes levied only) | . . . . . . . . | |||||||
| Total Projected Property Tax Collection | . . . . . . . . | 9,425,567 | ||||||
| Less Assessor Valuation Fund | 2% | . . . . . . . . | 188,511 | |||||
| (Subtracted from regular current expense taxes levied only) | ||||||||
| Net Amount to be Raised by Levy of Property Taxes | ||||||||
| For Budget Purposes (Transfer amount to #301-01 on page 4 | . . . . . . . . | $ | 9,237,055 | |||||