FISCAL YEAR JULY 1, 2025 – JUNE 30, 2026
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF SMITHERS, 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
Assigned Fund Balance (General Fund Only) 136,300
Property Taxes – Current Expense 73,491
Property Taxes – Excess levy 38,259
Gas & Oil Severance Tax 7,700
Excise Tax on Utilities 40,000
Business and Occupation Tax 283,422
Wine & Liquor Tax 800
Sales Tax 112,000
Fines, Fees & Court Costs 2,165
Licenses 4,500
Building Permit Fees 1,000
Franchise Fees 3,200
IRP Fees (Interstate Registration Plan) 23,500
Employee Health Insurance Premium Charges 7,116
Municipal Service Fees 26,800
Refuse Collection 110,200
State Government Grants 91,000
Other Grants 34,000
Charges to Other Funds 34,300
Gaming Income 11,200
Filing Fees 610
Video Lottery (LVL) 2,200
Miscellaneous Revenues 33,125
TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 1,076,888
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance (Coal Fund only) $ 200
Coal Severance Tax 3,200
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 3,400
General Coal Severance
Fund Fund
ESTIMATED CURRECT EXPENDITURES
State Grants 91,000 –
Mayor’s Office 14,500 –
City Council 9,250 –
Recorder’s Office 7,550 –
Treasurer’s Office 4,500 –
Police Judge’s Office 3,600 –
City Attorney 19,500 –
Other Grants 34,000 –
Regional Development Authority 300 –
Elections 1,850 –
City Hall 376,590 –
Internal Audit 12,000 –
Police Department 203,724 –
Dams & Dredging 4,000 –
Streets and Highways 79,600 –
Street Lights 17,000 –
Snow Removal 1,000 –
Street Construction 4,424 –
Garbage Department 151,500 –
Landfill/Incinerator Department 36,000 –
Fair Associations/Festivals 2,000 –
Beautification Programs 3,000 3,400
TOTAL ESTIMATED EXPENDITURES $ 1,076,888 $ 3,400
MUNICIPALITY OF SMITHERS, 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 12.25 $ 0
Public Utility 0 0
Total Class I $ 0 $ 0
CLASS II
Real Estate $ 5,246,330 24.50 $ 12,854
Personal Property 34,758 85
Total Class II $ 5,281,088 $ 12,939
CLASS IV
Real Estate $ 5,741,350 49.00 $ 28,133
Personal Property 4,772,370 23,385
Public Utility 3,503,265 17,166
Total Class IV $ 14,016,985 $ 68,684
Total Value & Projected Revenue $ 19,298,073 $ 81,623
Less Delinquencies, Exonerations & Uncollectable Taxes 6.25% 5,102
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 1,530
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $ 74,991
Less Assessor Valuation Fund 0.02 and 0.02 1,500
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $ 73,491
MUNICIPALITY OF SMITHERS, WEST VIRGINIA
Excess Levy / Levies
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 6.25 $ 0
Public Utility 0 0
Total Class I $ 0 $ 0
CLASS II
Real Estate $ 5,246,330 12.50 $ 6,558
Personal Property 34,758 43
Total Class II $ 5,281,088 $ 6,601
CLASS IV
Real Estate $ 5,741,350 25.00 $ 14,353
Personal Property 4,772,370 11,931
Public Utility 3,503,265 8,758
Total Class IV $ 14,016,985 $ 35,042
Total Value & Projected Revenue $ 19,298,073 $ 41,643
Less Delinquencies, Exonerations & Uncollectable Taxes 6.25% 2,603
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 781
Net Amount to be Raised by Levy of Property Taxes $ 38,259
STATE OF WEST VIRGINIA
COUNTY OF FAYETTE
MUNICIPALITY OF SMITHERS
I, Patsy Tucker, 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 17th day of March, 2025.
Patsy Tucker
(Signature)
Recorder/Treasurer
(Official Title of Recording Officer)