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audit · claytonschools

finance 2021 2022 Audited Financial Report

2021-07-01 Portal: claytonschools Section: 2. LCP Forsyth Blvd Property Owner LLC #q1d19

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

23,914,880 % 1.77

22,176,670 % 1.64

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