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Berkeley County Schools board previews proposed levy; officials say excess levy will add roughly $5 million in revenue
Summary
Finance staff presented proposed fiscal-year 2027 levy rates and projections, saying higher assessed values will reduce taxpayer rates and an increase in the excess levy will produce just over $5 million in new tax revenue to the county.
At a March 16 Berkeley County Schools Board meeting, finance staff laid out proposed levy rates for fiscal year 2027 and projected the tax revenue expected under those rates. Mr. Weiss summarized assessed valuation figures and said that, after state calculations and the portion the state retains, the proposed excess levy "will be just over $5 million of new tax revenue to the county."
The presentation clarified that bond-levy obligations remain a separate collection requirement and that higher assessed values countywide would lower the computed tax rate for property owners: Mr. Weiss cited preliminary class-rate examples used in the district's modeling. Board members asked technical questions about state deductions and how the local share is calculated; Mr. Weiss confirmed the district's estimate of net tax yield and explained the 85%/15% interaction with the state’s calculation.
Board members did not vote on a final levy at the meeting; staff described this session as the statutory public review step ahead of formal board action. The district said the next steps include finalizing the levy schedule and returning to the board for adoption after the statutorily required public-notice period.
