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audit · claytonschools

finance 2022 2023 Audited Financial Report

2022-07-01 Portal: claytonschools Section: 2. LCP Forsyth Blvd Property Owner LLC #q1caa

SCHOOL DISTRICT OF CLAYTON ANNUAL FINANCIAL INFORMATION AND OPERATING DATA - UNAUDITED Year ended June 30, 2023 Tax Rates The following table shows the adjusted tax rates (per $100 of assessed valuation) levied against each subclass of property for the current fiscal year and the last three fiscal years for the District: Fiscal Year Ended June 30 Real Estate Residential Real Estate Commercial Real Estate Agricultural Personal Property 2020 $ 4.1553 $ 4.9562 $ - $ 4.5567 2021 4.1527 4.7354 - 4.5567 2022 4.0373 4.7658 - 4.5567 2023 4.0326 4.7645 - 4.5567 Tax Rates – Allocation by Fund The following table shows the District’s adjusted tax levies (per $100 of assessed valuation) for each of the following fiscal years: Fiscal Year Ended June 30 General (Incidental) Fund Special Revenue (Teachers') Fund Capital Projects (Building) Fund Debt Service Fund Total Levy - Blended Rate 2019 $ 1.0555 $ 2.0770 $ 0.1100 $ 0.6230 $ 3.8655 2020 1.2732 2.5030 0.1000 0.6230 4.4992 2021 1.2499 2.3530 0.1875 0.6230 4.4134 2022 1.1483 2.3321 0.2500 0.6230 4.3534 2023 1.1024 2.2362 0.3900 0.6230 4.3516 - 78 - SCHOOL DISTRICT OF CLAYTON ANNUAL FINANCIAL INFORMATION AND OPERATING DATA - UNAUDITED Year ended June 30, 2023 Tax Collection Record The following table sets forth tax collection information for the District for the last five fiscal years: Total Levy Current Taxes Collected Current and Delinquent Taxes Collected Fiscal Year (per $100 of Assessed Value) Assessed Valuation Total Taxes Levied Amount % Amount % 2018-19 3.8655 $ 1,136,240,380 $ 43,262,551 $ 43,046,572 % 99.50 $ 42,500,328 % 98.24 2019-20 4.4992 1,309,893,760 58,050,719 57,882,064 % 99.71 58,517,417 % 100.80 2020-21 4.4134 1,316,001,870 57,209,220 56,469,791 % 98.71 56,209,478 % 98.25 2021-22 4.3534 1,349,562,370 57,870,570 59,245,361 % 102.38 57,931,114 % 100.10 2022-23 4.3516 1,379,835,110 59,144,231 58,641,604 % 99.15 58,850,880 % 99.50 Major Property Taxpayers The ten largest real property taxpayers in the District according to their 2022 assessed valuations are listed below: Taxpayer Assessed Valuation % of District's 2022 Total Assessed Valuation

$ 48,398,840 % 3.51

30,400,000 % 2.20

23,914,880 % 1.73

22,176,670 % 1.61

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