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 2,934,416,881 X 0.02 = 58,688,338
Class 3 1,248,525,048 X 0.04 = 49,941,002
Class 4 405,201,641 X 0.04 = 16,208,066
Total RBV $ 4,594,858,146 Total WAV $ 124,904,551
Amount to be raised by levy  (Current Year projected revenue  X  101% + % for Assessor):
  $ 10,845,063 112 % $ 12,146,471
Divide  by  the TOTAL WEIGHTED ASSESSED VALUE
(Total WAV) $ 124,904,551
The result of this division is then multiplied     x     100
(use 4 decimal places here) 0
and this will    =    the Class 1 Levy Rate in cents per $100 of  
assessed valuation      (use 2 decimal places here)   ¢
0.0972
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 9.72 ¢     X      2    = 19.44 ¢
Class 3 & 4 Rate:
Class 1 Rate 9.72 ¢     X      4    = 38.88 ¢