| LEVY PAGE - FISCAL YEAR 2007 - 2008 | ||||||||
| 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 | $ | 7,160,631 | 9.72 | $ | 6,960 | |||
| Public Utility | ||||||||
| Total Class I | $ | 7,160,631 | $ | 6,960 | ||||
| Class II | ||||||||
| Real Estate | $ | 3,130,523,670 | 19.44 | $ | 6,085,738 | |||
| Personal Property | 11,107,738 | 21,593 | ||||||
| Total Class II | $ | 3,141,631,408 | $ | 6,107,331 | ||||
| Clas III | ||||||||
| Real Estate | $ | 860,286,800 | 38.88 | $ | 3,344,795 | |||
| Personal Property | 384,268,924 | 1,494,038 | ||||||
| Public Utility | 109,342,166 | 425,122 | ||||||
| Total Class III | $ | 1,353,897,890 | $ | 5,263,955 | ||||
| Class IV | ||||||||
| Real Estate | $ | 298,905,570 | 38.88 | $ | 1,162,145 | |||
| Personal Property | 82,557,441 | 320,983 | ||||||
| Public Utility | 33,465,259 | 130,113 | ||||||
| Total Class IV | $ | 414,928,270 | $ | 1,613,241 | ||||
| Total Value & Projected Revenue | $ | 4,917,618,199 | $ | 12,991,488 | ||||
| Less Delinquencies, Exonerations & Uncollectable Taxes | 3% | . . . . . . . . | 389,745 | |||||
| Less Tax Discounts | 2% | . . . . . . . . | 252,035 | |||||
| Less Allowance for Tax Increment Financing - see worksheet | ||||||||
| (Subtracted from regular current expense taxes levied only) | . . . . . . . . | |||||||
| Total Projected Property Tax Collection | . . . . . . . . | 12,349,708 | ||||||
| Less Assessor Valuation Fund | 2% | . . . . . . . . | 246,994 | |||||
| (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 | . . . . . . . . | $ | 12,102,714 | |||||