FISCAL YEAR JULY 1, 2025 – JUNE 30, 2026
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
WEST LIBERTY
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
Unassigned Fund Balance 100,000
Property Taxes – Current Expense 38,343
Tax Loss Restoration 1,000
Gas & Oil Severance 8,000
Excise Tax on Utilities 25,000
Fines, Fees & Court Costs 20,000
IRP Fees (Interstate Registration Plan) 18,000
Rents and Concessions 20,000
Gaming Income 10,000
Interest Earned on Investments 50
Refunds 250
Video Lottery (LVL) 22,000
Miscellaneous Revenues 7,000
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $269,643
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Unencumbered Balance (July 1) $0,000
Coal Severance Tax 6,000
Interest Earned on Investment 20
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $86,520
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 3,000 –
City Council 7,550 –
Recorder’s Office 2,270 –
Treasurer’s Office 11,000 –
City Clerk’s Office 16,000 –
Police Judge’s Office 1,200 –
City Attorney 7,000 –
Custodial 18,000 –
Regional Development Authority 700 –
Elections 2,000 –
City Hall 60,000 –
Police Department 60,000 –
Street Department 36,923 86,020
Street Lights 7,000 –
Parks & Recreation 5,000 –
Fairs and Festivals 4,000 –
Beautification 20,000 –
Cemeteries 8,000 –
TOTAL ESTIMATED EXPENDITURES $269,643 $86,020
MUNICIPALITY OF WEST LIBERTY, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2025-JUNE 30, 2026
Certificate of Valuation
Assessed Value Levy Taxes
For Tax Purposes Rate/$100 Levied
CLASS I
Personal Property $ 0 8.88 0 Public Utility 0 0
Total Class I $ 0 0
CLASS II
Real Estate $4,274,680 17.76 $7,592
Personal Property 26,124 46
Total Class II $4,300,804 $7,638
CLASS IV
Real Estate $7,734,670 35.52 $27,048
Personal Property 1,233,579 4,382
Public Utility 832,519 2,957
Total Class IV $9,680,858 $34,386
Total Value & Projected
Revenue $13,981,662 $42,025
Less Delinquencies, Exonerations,
& Uncollectable Taxes 5.00% 2,101
Less Tax Discounts
(use Total Projected Revenue to calculate) 2.00% 798
Less Allowance for Tax
Increment Financing
(if Applicable) 0
Total Projected Property Tax Collection $39,125
Less Assessor Valuation Fund 2.00% 782
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $38,342
STATE OF WEST VIRGINIA
COUNTY OF, OHIO
MUNICIPALITY OF, WEST LIBERTY
I, STEPHANIE BONAR, Recording Officer of said municipality, do hereby certify
that the forgoing are true copies from the record of the orders made and entered
by the council of the said municipality on the 24th day of March, 2025.
Stephanie Bonar
RECORDER
Int. April 2 & 9, 2025