FISCAL YEAR JULY 1, 2023-JUNE 30, 2024
LEVY ESTIMATE- BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF GLEN DALE, WEST VIRGINIA
In accordance with Code section 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
Restricted Fund Balance 28,185
Committed Fund Balance 106,721
Unassigned Fund Balance 982,639
Property Taxes-Current Expense 527,226
Gas & Oil Severance Tax 4,000
Excise Tax on Utilities 85,000
Business and Occupation Tax 1,000,000
Wine & Liquor Tax 500
Animal Control Tax 150
Hotel Occupancy Tax 14,500
Fines, Fees & Court Costs 60,000
Licenses 8,000
Building Permit Fees 5,000
Miscellaneous Permits 100
Franchise Fees 10,000
IRP Fees (Interstate Registration Plan) 10,500
Parks & Recreation 42,000
Municipal Service Fees 44,000
Refuse Collection 178,500
Other Grants 8,000
Gaming Income 10,400
Interest Earned on Investments 15,000
Accident Reports 300
Video Lottery (LVL) 14,000
Miscellaneous Revenues 3,500
TOTAL ESTIMATED REVENUE (GENERAL FUND) $3,158,221
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $11,139
Coal Severance Tax 12,000
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $23,139
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 6,559 –
City Council 19,789 –
Recorder’s Office 5,167 –
City Clerk’s Office 64,343 –
Police Judge’s Office 4,700 –
City Attorney 25,000 –
City Auditor 35,000 –
Custodial 2,905 –
Regional Development Authority 650 –
Planning & Zoning 2,588 –
Elections 3,000 –
City Hall 388,684 16,139
Police Department 809,938 –
COPS Grants 8,000 –
Fire Department 222,567 5,000
Communication Center/Central Dispatch 341,641 –
Streets and Highways 278,458 –
Street Lights 25,000 –
Signs and Signals 800 –
Snow Removal 16,083 –
Central Garage 32,500 –
Street Cleaning 10,000 –
Garbage Department 346,603 –
Landfill/Incinerator Department 65,000 –
Parks & Recreation 135,996 2,000
Visitors Bureau 7,250 –
Beautification Programs 100,000 –
Capital Projects-Street and Transportation 200,000 –
TOTAL ESTIMATED EXPENDITURES $3,158,221 $23,139
MUNICIPALITY OF GLEN DALE, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2023-JUNE 30, 2024
Certificate of Valuation Assessed Value Levy Taxes
for Tax Purposed Rate/100 Levied
CLASS I
Personal Property $ 0 12.50 $ 0
Public Utility 0 0
Total Class I $ 0 $ 0
CLASS II Real Estate $ 40,593,915 25.00 $101,485
Personal Property 3,000 8
Total Class II $40,596,915 $101,493
CLASS IV Real Estate $24,300,585 50.00 $121,503
Personal Property 68,435,705 342,179
Public Utility 2,245,185 11,226
Total Class IV $94,981,475 $474,908
Total Value &
Projected Revenue $135,578,390 $576,401
Less Delinquencies, Exonerations &
Uncollectable Taxes 5.00% 28,820
Less Tax Discounts (use Total Projected
Revenue to calculate) 2.00% 10,952
Less Allowance for Tax Increment Financing (if Applicable) 12
Total Projected Property Tax Collection $536,617
Less Assessor Valuation Fund 1.75% 9,391
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $527,226
STATE OF WEST VIRGINIA
COUNTY OF Marshall
MUNICIPALITY OF GLEN DALE
I, Melodie A. Yoho, 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 3rd day of April, 2023
Melodie A Yoho /s/
City Clerk
NR April 7, 14, 2023