PUBLIC NOTICE HUME R-VIII SCHOOL DISTRICT 2017 Tax Rate Hearing The Hume R-VII School District's Board of Education will hold a tax rate hearing at the school on August 9, 2017 at 7:45 P.M. All interested parties are cordially invited to attend.
Locally Assessed Valuation: Year County Real Estate Personal Property County Total 2017 Bates 4,743,610 1,874,713 6,618,323 Vernon 1,200,700 417,782 1,618,482 5,944,310 2,292,495 8,236,805 New Construction -($ 69,438) Adjustment is made for new construction that will go on the rolls next year. ADJUSTED ASSESSED VALUATION TOTAL $8,167,322
Tax Rate (proposed for 2017-2018) Fund Property Tax Rate Amount of Property Tax Revenue Budgeted Incidental 4.5680 X 81,673.22= 373,083.26 Teachers 0.00 0.00 Debt Service 0.00 0.00 Capital Projects 0.432 X 81,673.22 = 35,282.83
Total $5.00 $408,366.09
Locally Assessed Valuations: Year County Real Estate Personal Property County Total 2016 Bates 4,657,708 2,074,942 6,732,650 Vernon 1,142,290 438,338 1,580,628 5,799,998 2,513,280 $ 8,313,278 New Construction - ($ 105,381) Adjustment is made for new construction that will go on the rolls next year. ADJUSTED ASSESSED VALUATION TOTAL $8,207,897
Tax Rate ( proposed for 2016-2017) Fund Property Tax Rate Amount of Property Tax Revenue Budgeted Incidental 4.5680 X 82,078.97= 374,936.73 Teachers 0.00 0.00 Debt Service 0.00 0.00 Capital Projects 0.432 X 82,078.97= 35,458.12 Total $5.00 $410,394.85
Year County Real Estate Personal Property County Total 2015 Bates 4,660,555 2,133,366 6,793,921 Vernon 1,111,300 415,208 1,526,508 5,771,855 2,548,574 $ 8,320,429 -($ 102,427) Adjustment is made for new construction that will go on the rolls next year. ADJUSTED ASSESED VALUATION TOTAL $8,218,002
Note: The proposed Tax Rate for 2017-2018 is 5.00/$100 with 4.5680 of the revenue going into the Incidental fund and 0.432 going into the Capital Projects fund. This levy reflects a voluntary roll back of 0.2592 from the Tax Ceiling of 5.2592 that was approved on June 5, 2007.
PUBLIC NOTICE POSTED JULY 20, 2017 |