SCHOOL DISTRICT OF CLAYTON ANNUAL FINANCIAL INFORMATION AND OPERATING DATA - UNAUDITED Year ended June 30, 2022 History of Enrollment Listed below are the District's Fall enrollment figures for the last four and current school years: Grade 17-18 18-19 19-20 20-21 21-22 K 168 153 139 143 146 1st 198 164 160 143 150 2nd 187 190 167 157 159 3rd 196 192 201 167 160 4th 188 188 177 196 163 5th 210 194 192 174 188 6th 221 219 200 205 171 7th 201 242 226 202 206 8th 235 210 251 221 188 9th 232 226 214 248 215 10th 222 237 223 212 242 11th 206 227 240 220 207 12th 217 210 229 236 217 Total 2,681 2,652 2,619 2,524 2,412 Sources of Revenue The following table shows the allocation of the District's revenue from the various sources for the fiscal year ended June 30, 2022: Revenue Source % of Total Local Revenue % 93.21 County Revenue 0.85 State Revenue 2.96 Federal Revenue 2.88 Other Revenue 0.10 Total % 100.00 - 79 - SCHOOL DISTRICT OF CLAYTON ANNUAL FINANCIAL INFORMATION AND OPERATING DATA - UNAUDITED Year ended June 30, 2022 Sources of Revenue by Fiscal Year The following table shows the District's sources of revenues for the fiscal years shown below: Fiscal Year Ended June 30 Local Revenue County Revenue State Revenue Federal Revenue Other Revenue Total Revenue 2018 $ 54,455,608 $ 559,302 $ 1,729,439 $ 1,673,247 $ 31,264,065 a $ 89,681,661 2019 53,169,996 525,825 1,742,804 1,635,582 357,047 57,431,254 2020 70,058,342 610,998 1,716,291 1,237,578 32,968,655 b 106,591,864 2021 61,835,038 613,816 1,710,141 1,826,198 116,958 66,102,151 2022 69,305,093 633,758 2,198,582 2,144,249 71,050 74,352,732 a Includes proceeds from the sale of refunded bonds and from sale of land b Includes proceeds from the sale of refunded bonds. Property Tax Information The following table provides the history of total assessed valuation of all taxable tangible property situated in the District, according to the assessments of January 1, in the calendar years shown below: Calendar Year Assessed Valuation % Change 2017 1,152,388,120 N/A 2018 1,136,240,380 % -1.40 2019 1,309,893,760 % 15.28 2020 1,316,001,870 % 0.47 2021 1,349,562,370 % 2.55 - 80 -

SCHOOL DISTRICT OF CLAYTON ANNUAL FINANCIAL INFORMATION AND OPERATING DATA - UNAUDITED Year ended June 30, 2022 Sources of Revenue by Fiscal Year The following table shows the District's sources of revenues for the fiscal years shown below: Fiscal Year Ended June 30 Local Revenue County Revenue State Revenue Federal Revenue Other Revenue Total Revenue 2018 $ 54,455,608 $ 559,302 $ 1,729,439 $ 1,673,247 $ 31,264,065 a $ 89,681,661 2019 53,169,996 525,825 1,742,804 1,635,582 357,047 57,431,254 2020 70,058,342 610,998 1,716,291 1,237,578 32,968,655 b 106,591,864 2021 61,835,038 613,816 1,710,141 1,826,198 116,958 66,102,151 2022 69,305,093 633,758 2,198,582 2,144,249 71,050 74,352,732 a Includes proceeds from the sale of refunded bonds and from sale of land b Includes proceeds from the sale of refunded bonds. Property Tax Information The following table provides the history of total assessed valuation of all taxable tangible property situated in the District, according to the assessments of January 1, in the calendar years shown below: Calendar Year Assessed Valuation % Change 2017 1,152,388,120 N/A 2018 1,136,240,380 % -1.40 2019 1,309,893,760 % 15.28 2020 1,316,001,870 % 0.47 2021 1,349,562,370 % 2.55 - 80 - SCHOOL DISTRICT OF CLAYTON ANNUAL FINANCIAL INFORMATION AND OPERATING DATA - UNAUDITED Year ended June 30, 2022 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 2019 $ 3.6921 $ 4.0670 $ - $ 3.9792 2020 4.1553 4.9562 - 4.5567 2021 4.1527 4.7354 - 4.5567 2022 4.0373 4.7658 - 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 2018 $ 0.9350 $ 2.2278 $ 0.1050 $ 0.6230 $ 3.8908 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 - 81 -

SCHOOL DISTRICT OF CLAYTON ANNUAL FINANCIAL INFORMATION AND OPERATING DATA - UNAUDITED Year ended June 30, 2022 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 2019 $ 3.6921 $ 4.0670 $ - $ 3.9792 2020 4.1553 4.9562 - 4.5567 2021 4.1527 4.7354 - 4.5567 2022 4.0373 4.7658 - 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 2018 $ 0.9350 $ 2.2278 $ 0.1050 $ 0.6230 $ 3.8908 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 - 81 - SCHOOL DISTRICT OF CLAYTON ANNUAL FINANCIAL INFORMATION AND OPERATING DATA - UNAUDITED Year ended June 30, 2022 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 % 2017-18 3.8908 $ 1,152,388,120 $ 44,837,117 $ 43,801,052 % 97.69 $ 43,078,099 % 96.08 2018-19 3.8655 1,136,240,380 43,921,372 43,046,572 % 98.01 42,500,328 % 96.76 2019-20 4.4992 1,309,893,760 58,934,740 57,882,064 % 98.21 58,517,417 % 99.29 2020-21 4.4134 1,316,001,870 58,080,427 56,469,791 % 97.23 56,209,478 % 96.78 2021-22 4.3534 1,349,562,370 58,751,848 59,245,361 % 100.84 57,931,114 % 98.60 Major Property Taxpayers The ten largest real property taxpayers in the District according to their 2021 assessed valuations are listed below: Taxpayer Assessed Valuation % of District's 2021 Total Assessed Valuation

$ 44,955,860 % 3.33

30,400,000 % 2.25