FISCAL YEAR JULY 1, 2025 – JUNE 30, 2026
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF HUNDRED, 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
Unassigned Fund Balance $ 15,876
Property Taxes – Current Expense 24,150
Gas & Oil Severance Tax 500
Excise Tax on Utilities 15,000
Wine & Liquor Tax 35
Animal Control Tax 60
Sales Tax 33,000
Fines, Fees & Court Costs 6,000
Licenses 600
Building Permit Fees 100
Miscellaneous Permits 300
IRP Fees (Interstate Registration Plan) 7,500
Parks & Recreation 800
Rents, Royalities, and Concessions 5,400
Refuse Collection 41,000
Police Protection Fees 13,000
Fire Protection Fees 7,500
Street Fees 7,500
Other Grants 6,700
Gaming Income 7,500
Interest Earned on Investments 5
Video Lottery (LVL) 2,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 194,526
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ 61
Coal Severance Tax 889
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 950
General Coal Severance
Fund Fund
ESTIMATED CURRECT EXPENDITURES
Mayor’s Office 4,800 –
City Council 600 –
Recorder’s Office 17,292 –
City Clerk’s Office 13,920 –
City Attorney 4,800 –
Custodial 1,200 –
Regional Development Authority 115 –
City Hall 32,242 950
Public Works Department 30,000 –
Police Department 16,000 –
Fire Department 7,500 –
Streets and Highways 6,375 –
Street Lights 9,000 –
Snow Removal 1,000 –
Garbage Department 34,850 –
Landfill/Incinerator Department 6,150 –
Parks & Recreation 800 –
Fair Associations/Festivals 6,700
Cemetaries 1,000 –
TOTAL ESTIMATED EXPENDITURES $ 194,526 $ 950
MUNICIPALITY OF HUNDRED, 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 $ 2,227,390 25.00 $ 5,568
Personal Property 0 0
Total Class II $ 2,227,390 $ 5,568
CLASS IV
Real Estate $ 2,053,190 50.00 $ 10,266
Personal Property 1,285,666 6,428
Public Utility 841,652 4,208
Total Class IV $ 4,180,508 $ 20,902
Total Value & Projected Revenue $ 6,407,898 $ 26,470
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 1,324
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 503
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $ 24,643
Less Assessor Valuation Fund
(Subtracted from regular current expense taxes levied only) 2.00% 493
Net Amount to be Raised by Levy of Property Taxes $ 24,150
ID: 863050