FISCAL YEAR JULY 1, 2023 – JUNE 30, 2024
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF GAULEY BRIDGE, WEST VIRGINIA
In accordance with Code § 11-8-14, as amended, the Council proceeded to make an estimate of the amounts necessary to be raised by levy of taxes for the current fiscal year, and does determine and estimate the several amounts to be as follows:
The amount due and the amount that will become due and collectible from every source during the fiscal year INCLUDING THE LEVY OF TAXES, is as follows:
REVENUE SOURCE
Nonspendable Fund Balance $ –
Restricted Fund Balance –
Committed Fund Balance –
Assigned Fund Balance –
Unassigned Fund Balance 5,900
Property Taxes – Current Expense 33,649
Prior Year Taxes –
Supplemental Taxes –
Tax Loss Restoration –
Property Taxes – Excess Levy –
Property Taxes – Excess Levy –
Property Taxes – Excess Levy –
Property Taxes – Bond Levy –
Tax Penalties, Interest & Publication Fees –
Gas & Oil Severance Tax –
Excise Tax on Utilities 20,117
Business and Occupation Tax 114,445
Wine & Liquor Tax –
Animal Control Tax –
Hotel Occupancy Tax –
Amusement Tax –
Insurance Premium Surtax –
Motor Vehicle Operator’s Tax –
Horse and Dog Racing Tax –
Sales Tax –
Fines, Fees & Court Costs“ 1,500
Parking Violations –
Regional Jail Operations Partial Reimbursement –
Licenses 3,573
Building Permit Fees –
Miscellaneous Permits –
Franchise Fees –
Inspection, Dilapidated Building, & Vacant Property Fees –
IRP Fees (Interstate Registration Plan) 5,922
Employee Health Insurance Premium Charges –
Retirees’ Medical Insurance Charges –
Retirees’ Prescription Insurance Charges –
Private Liquor Club Fee –
Cemetery Revenues –
Dog Pound Fees –
Emergency Communication Fee –
Emergency Service Fee –
Parks & Recreation –
Municipal Service Fees –
Parking Meter Revenues –
Off Street Parking –
Collection of Delinquent Accounts –
Rents, Royalties, and Concessions 11,342
Airport Revenues –
Jail Fees –
Special Assessments –
Refuse Collection –
Police Protection Fees –
Fire Protection Fees –
Planning Commission Revenue –
Landfill / Incinerator Fees –
Street Fees –
Housing Program Revenues –
Civic Center / Coliseum –
Floodwall Fees –
Charges for Services –
Charges to Other Entities –
Ambulance Fees –
Federal Government Grants –
State Government Grants –
Other Grants 33,700
Contributions from Other Entities –
Contributions from other Funds –
Charges to Other Funds –
Payment in Lieu of Taxes –
Federal Payment in Lieu of Taxes –
Flood Reimbursement –
Payroll Reimbursements –
Transfers from Rainy Day Fund –
Gaming Income –
Capital Lease Revenues –
Municipal Specific –
Gain/Loss on Sale of Fixed Assets –
Interest Earned on Investments –
Reimbursements –
Refunds –
Sale of Fixed Assets –
Sale of Materials –
Commissions –
Insurance Claims –
Filing Fees –
Library Fees –
Accident Reports –
Bingo Revenues –
Recycling Program –
Property Rehabilitation –
Interest on Special Assessments –
Confiscated Property, Forfeiture/Seizure –
Employees Retirement Contribution (Police & Fire) –
Fair Market Value –
Video Lottery (LVL) 8,096
Proceeds from Sale of Bonds –
Miscellaneous Revenues 200
TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 238,444
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ –
Coal Severance Tax 4,560
Interest Earned on Investment –
Reimbursements –
Refunds –
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 4,560
General Coal Severance
Fund Fund
ESTIMATED CURRECT EXPENDITURES
Economic Development $ – $ –
Federal Grants – –
State Grants – –
Zoning Board – –
Consumer Protection – –
Civil Service – –
Insurance Program (Self Insured) – –
Mayor’s Office 6,000 –
City Council 3,000 –
Recorder’s Office 4,800 –
City Manager’s Office – –
Treasurer’s Office 5,400 –
Finance Office – –
City Clerk’s Office – –
Police Judge’s Office 2,400 –
City Attorney 1,000 –
City Auditor – –
Main Street Program – –
Engineering – –
Community Development (Housing) – –
Personnel Office – –
Purchasing Department – –
Contributions to Comms/ Authorities – –
Enforcement Agency – –
Litigation Reserve – –
Rehabilitation of Property – –
Acquisition of Property – –
Clearance – –
Program Planning – –
Printing – –
Other Grants – –
Custodial 1,200 –
Housing Authority – –
Regional Development Authority 200
Building Inspection – –
Planning & Zoning – –
Elections – –
Data Processing – –
City Hall 65,000 –
Other buildings 6,000 –
Internal Audit 2,000 –
Charter Board
Contributions / Transfers to Other Funds – –
Worthless Checks / Bad Debt Expense – –
Other Buildings #2 – –
Employee Wellness – –
Electrical Services – –
Public Works Department – –
Public Grounds – –
Complaint Department – –
Local Government Access Channel – –
Energy Savings Contract – –
Parking – –
Market House – –
Transfers/ Reimbursements – –
Contingencies – –
Police Department 60,000 –
DARE Grant – –
COPS Grants – –
Investigative Services & Control – –
Police-Special Duty – –
City Jail – –
Fire Department – –
Dog Warden/Humane Society – –
Watershed Project – –
Ambulance Authority – –
Dams & Dredging – –
Communication Center/ Central Dispatch – –
Traffic Engineering – –
Civil Defense – –
Flood Control/ Soil Conservation – –
Fire Hydrants – –
Emergency Services – –
Juvenile Justice Diversion Program – –
Drug & Violent Crime Control Grant – –
Local Law Enforcement Block Grant – –
Local Law Enforcement Block Grant – –
Local Law Enforcement Block Grant – –
Local Law Enforcement Block Grant – –
Local Law Enforcement Block Grant – –
Fire Fee Distribution – –
Streets and Highways 50,000 –
Street Lights 5,424
Signs and Signals – –
Snow Removal – –
Central Garage – –
Street Construction – –
Street Cleaning – –
Sidewalks – –
Airports – –
Public Transit – –
Port Authority – –
Grants – Street and Transportation – –
Garbage Department – –
Landfill/Incinerator Department – –
Recycling Center – –
Local Health Department – –
Other Health Program – –
Storm Sewer – –
Water & Sewer – –
Sewer – Source of Supply – –
Water – Source of Supply – –
Grants – Health and Sanitation – –
Parks & Recreation 4,000 –
Visitors Bureau – –
Travel Council – –
Fair Associations/ Festivals 15,000 4,560
Swimming Pools – –
Community Center 3,649 –
Arts & Humanities – –
Youth Program – –
Playgrounds – –
Museum Commission – –
Civic Center – Municipal Auditorium – –
Historical Commission – –
Civic Promotions – –
4-H Camp – –
Rails to Trails – –
Ice Arena – –
Library – –
Law Library – –
Golf Course – –
Stadium – –
Grants – Culture and Recreation – –
Beautification Programs 1,500 –
Aging Program (Senior Citizens) – –
Cemeteries – –
Social Services – –
Human Rights / Affirmative Action – –
Human Resources – –
Community Council – –
Bingo Expenses 1,871 –
Grants – Social Services – –
Capital Projects – General Government – –
Capital Projects – Public Safety – –
Capital Projects – Street and Transportation – –
Capital Projects – Health and Sanitation – –
Capital Projects – Culture and Recreation – –
Capital Projects – Social Services – –
TOTAL ESTIMATED EXPENDITURES $ 238,444 $ 4,560
MUNICIPALITY OF GAULEY BRIDGE, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2023 – JUNE 30, 2024
Certificate of Valuation
Assessed Value Levy Taxes
for Tax Purposes Rate/$100 Levied
CLASS I
Personal Property $ 0 12.50 $ 0
Public Utility 0 0
Total Class I $ 0 $ 0
CLASS II
Real Estate $ 2,930,240 25.00 $ 7,326
Personal Property 0 0
Total Class II $ 2,930,240 $ 7,326
CLASS IV
Real Estate $ 2,922,310 50.00 $ 14,612
Personal Property 1,182,485 5,912
Public Utility 1,806,181 9,031
Total Class IV $ 5,910,976 $ 29,555
Total Value & Projected Revenue $ 8,841,216 $ 36,881
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 1,844
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 701
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $ 34,336
Less Assessor Valuation Fund 2.00% 687
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $ 33,649
STATE OF WEST VIRGINIA
COUNTY OF FAYETTE
MUNICIPALITY OF GAULEY BRIDGE
I, Penny Browllard, Recording Officer of said municipality, do hereby certify that the foregoing are true copies from the record of the orders made and entered by the council of the said municipality on the 21st day of March, 2023.
Penny Browllard
(Signature)
Recording
(Official Title of Recording Officer)