WORKSHEET Page 2
CALCULATING THE REDUCED LEVY RATE
ROLL BACK VALUE WEIGHTED
CLASS (Column D) X WEIGHTING = ASSESSED VALUE
Class 1 $ 6,714,576 X 0.01 = $ 67,146
Class 2 2,329,464,771 X 0.02 = 46,589,295
Class 3 1,038,002,371 X 0.04 = 41,520,095
Class 4 346,345,482 X 0.04 = 13,853,819
Total RBV $ 3,720,527,200 Total WAV $ 102,030,355
Amount to be raised by levy  (Current Year projected revenue  X  101% + % for Assessor):
  $ 9,915,387 103 % $ 1,021,284,861
Divide  by  the TOTAL WEIGHTED ASSESSED VALUE
(Total WAV) $ 102,030,355
The result of this division is then multiplied     x     100
(use 4 decimal places here) 10
and this will    =    the Class 1 Levy Rate in cents per $100 of  
assessed valuation      (use 2 decimal places here) 1001 ¢
The Class 2, 3, and 4 Levy Rates are determined by multiplying
the Class 1 Rate as follows: DO NOT USE RATES IN EXCESS OF 2 DECIMAL PLACES
Class 2 Rate:
Class 1 Rate 10.01 ¢     X      2    = 20.02 ¢
Class 3 & 4 Rate:
Class 1 Rate 10.01 ¢     X      4    = 40.04 ¢