FISCAL YEAR JULY 1, 2025 – JUNE 30, 2026
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF TOWN OF HARMAN, 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:
General Coal
Fund Severance
REVENUE SOURCE
Assigned Fund Balance 1,881 1,375
Property Taxes – Current Expense 16,190
Gas & Oil Severance Tax 971
Excise Tax on Utilities 2,339
Wine, Liquor and Private Club Tax 386
Building Permits 725
IRP Fees (Interstate Registration Plan) 11,024
Gaming Income 9,905
Video Lottery (LVL) 458
Coal Severance Tax – 412
TOTAL ESTIMATED REVENUE 43,879 1,787
ESTIMATED CURRENT EXPENDITURES
Regional Development Authority 109
City Hall 18,500 1,787
Contributions/Transfers to Other Funds 25,270
TOTAL ESTIMATED EXPENDITURES 43,879 1,787
MUNICIPALITY OF TOWN OF HARMAN, 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 1,513,090 25.00 3,828
Personal Property 76,962 190
TOTAL CLASS II 1,608,052 4,020
CLASS IV
Real Estate 1,422,320 50.00 7,112
Personal Property 949,163 4,746
Public Utility 373,113 1,866
TOTAL CLASS IV 2,744,596 13,724
TOTAL VALUE & PROJECTED REVENUE 4,352,648 17,744
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 887
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 337
Less Allowance for Tax Increment Financing (if Applicable) 0
TOTAL PROJECTED PROPERTY TAX COLLECTION 16,520
Less Assessor Valuation Fund 2.00% 330
(Subtracted from regular current expense taxes levied only)
NET AMOUNT TO BE RAISED BY LEVY PROPERTY TAXES 16,190
STATE OF WEST VIRGINIA
COUNTY OF RANDOLPH
MUNICIPALITY OF HARMAN
I, Patty Teter, 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 1st day of April, 2025.
Elkins Apr 9 & 16, 2025