FISCAL YEAR JULY 1, 2025 – JUNE 30, 2026
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF RAINELLE, 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
Restricted Fund Balance $ 285,000
Assigned Fund Balance (General Fund only) 115,000
Unassigned Fund Balance 55,200
Gas & Oil Severance Tax 4,500
Excise Tax on Utilities 25,000
Business and Occupation Tax 175,000
Wine & Liquor Tax 20,000
Animal Control Tax 400
Fines, Fees & Court Costs 50,000
Licenses 10,000
Building Permit Fees 3,000
Miscellaneous Permits 200
Franchise Fees 14,000
IRP Fees (Interstate Registration Plan) 18,000
Parks & Recreation 21,000
Municipal Service Fees 95,000
Rents, Royalties, and Concessions 18,000
Refuse Collection 180,000
Federal Government Grants 120,000
State Government Grants 50,000
Other Grants 50,000
Payroll Reimbursements 25,000
Gaming Income 21,000
Interest Earned on Investments 2,500
Reimbursements 1,000
Refunds 1,000
Recycling Program 1,000
Video Lottery (LVL) 4,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 1,497,370
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance (Coal Fund Only) $ 35,000
Coal Severance Tax 5,500
Interest Earned on Investment 50
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 40,550
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Federal Grants $ 150,000 $ –
State Grants 150,000 –
Mayor’s Office 5,625 –
City Council 11,000 –
Recorder’s Office 5,525 –
City Clerk’s Office 35,150 –
Police Judge’s Office 4,200 –
Other Grants 175,000 –
Regional Development Authority 546 –
City Hall 131,952 –
Police Department 234,500 –
Flood Control/ Soil Conservation 75,000 –
Fire Hydrants 5,572 –
Streets and Highways 106,500 –
Street Lights 20,000 –
Snow Removal 1,000 –
Central Garage 10,000 –
Street Construction 75,000 40,550
Sidewalks 1,000 –
Garbage Department 146,500 –
Landfill/Incinerator Department 75,000 –
Recycling Center 250 –
Parks & Recreation 7,600 –
Fair Associations/Festivals 1,000 –
Swimming Pools 62,750 –
Library 5,000 –
Cemeteries 1,700 –
Capital Projects – Social Services – –
TOTAL ESTIMATED EXPENDITURES $ 1,497,370 $ 40,550
MUNICIPALITY OF RAINELLE, 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 12.50 $ 0
Public Utility 0 0
Total Class I $ 0 $ 0
CLASS II
Real Estate $ 9,232,490 25.00 $ 23,081
Personal Property 5,940 15
Total Class II $ 9,238,430 $ 23,096
CLASS IV
Real Estate $ 12,268,890 50.00 $ 61,344
Personal Property 7,075,775 35,379
Public Utility 5,232,334 26,162
Total Class IV $ 24,576,999 $ 122,885
Total Value & Projected Revenue $ 33,815,429 $ 145,981
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 7,299
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 2,774
Less Allowance for Tax Increment Financing (if Applicable) 632
Total Projected Property Tax Collection $ 135,276
Less Assessor Valuation Fund 2.00% 2,706
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $ 132,570
STATE OF WEST VIRGINIA
COUNTY OF Greenbrier
MUNICIPALITY OF RAINELLE
I, Bill Bell, 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 24th day of March, 2024.
Bill Bell
(Signature)
Recorder
(Official Title of Recording Officer)