1. Park Hill School District August 25, 2011 2011-2012 Tax Rate

2. 2010-2011 Park Hill School District Tax Levy Fund2010-2011 Levy Fund 1 – Operational/Incidental$4.7573 Fund 2 – Special Revenue/Teachers$0.0000 Fund 4 – Capital Projects$0.0453 Operational Levy$4.8026* Fund 3 – Debt Service$0.6107 TOTAL LEVY$5.4133 *Operational Levy of $4.8026 was set to 2010-2011 Tax Ceiling

3. Operational Tax Levy Terminology Tax LevyAuthority2010-2011 Amount 2011-2012 Amount Maximum Authorized Levy Based on last voter approved levy rate Does not change until new election Local Voters $4.9970 Tax Rate Ceiling Adjusted annually by State Auditor due to application of Hancock Amendment, Senate Bill 711 and/or voluntary rollbacks State Auditor $4.8026$4.9117 Actual Levy Adjusted annually by local Board of Education Local Board or Education $4.8026$4.8026* Debt Service Levy Annually set by local Board of Education to pay back debt Local Board of Education $0.6107 $0.1091 Voluntary Rollback *proposed

4. Proposed 2011-2012 Park Hill School District Tax Levy Fund2010-2011 Levy2011-2012 Levy Fund 1 – Operational/Incidental$4.7573 Fund 2 – Special Revenue/Teachers$0.0000 Fund 4 – Capital Projects$0.0453 Operational Levy$4.8026 Fund 3 – Debt Service$0.6107 TOTAL LEVY$5.4133 Operational Tax Ceiling$4.8026$4.9117 Voluntary Rollback$0.0000$0.1091

5. Proposed 2011-2012 Park Hill School District Tax Levy Fund2011-2012 Levy Fund 1 – Operational/Incidental$4.7573 Fund 2 – Special Revenue/Teachers$0.0000 Fund 4 – Capital Projects$0.0453 Operational Levy$4.8026 Fund 3 – Debt Service$0.6107 TOTAL LEVY$5.4133 Voluntary Rollback$0.1091

6. Park Hill School District August 25, 2011 2011-2012 Tax Rate