1. 2011 Mill Levy for 2012 Collection of Property Tax Revenue December 13, 2011

2. School Taxes on Example Residences Actual School Residential Assessment Mill Taxes Value Ratio Levy Per 1,000 $100,000 x 7.96% x 48.788 = $ 388 Median Douglas County home value: $345,000 x 7.96% x 48.788 = $1,340 Prior Year ($1,288)

3. Assessed Value History in DCSD 3 46.681 48.788 47.103 46.500 47.103 46.890

4. History of School Tax Rates 4 Levy Type2012201120102009 School Finance Act 25.440 Mill Levy Overrides (1989 (2.013 M), 1997 (9.7 M), 2003 (17.9 M), 2006(5.0 M)) 7.4416.8146.8647.154 Total Operating Mill32.88132.25432.30432.594 Debt Retirement15.44714.24614.19613.906 Total District48.32846.500 Abatements0.4600.3900.1810.603 Grand Total Mill Levy48.78846.89046.68147.103

5. Debt Service Requirement (2012 – 2016) 5 GO Bond Debt Service 2012201320142015201620172018 Principal & Interest $69.97 M$70.11 M$69.75 M$67.6 M$56.92M$55.84M$40.77M