FISCAL YEAR JULY 1, 2025 – JUNE 30, 2026
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF BEVERLY, 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:
REVENUE SOURCE
Unassigned Fund Balance 25,000
Property Taxes – Current Expense 60,287
Gas & Oil Severance Tax 6,500
Excise Tax on Utilities 2,500
Animal Control Tax 50
Hotel Occupancy Tax 1,540
Fines, Fees & Court Costs 2,500
Licenses 1,800
Building Permit Fees 2,000
Miscellaneous Permits 30
Franchise Fees 10,000
IRP Fees (Interstate Registration Plan) 15,000
Collection of Delinquent Accounts 5,000
Rents, Royalties, and Concessions 7,200
Other Grants 600
Payroll Reimbursements 10,000
Gaming Income 10,800
Interest Earned on Investments 275
Video Lottery (LVL) 2,520
Miscellaneous Revenues (provide
details on ‘Explanations’ tab) 2,320
TOTAL ESTIMATED REVENUE (GENERAL FUND) $165,922
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $2,494
Coal Severance Tax 2,494
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND)
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 5,000 –
City Council 10,000 –
Recorder’s Office 2,000 –
City Clerk’s Office 26,300 –
City Attorney 5,000 –
City Auditor 8,000 –
Enforcement Agency 7,500 –
Rehabilitation of Property 1,000 –
Custodial 1,000 –
Regional Development Authority 1,000 –
Building Inspection 2,000 –
Planning & Zoning 500 –
City Hall 46,366 –
Contributions / Transfers to Other Funds 2,400 –
Public Grounds 9,264 –
Contingencies 16,592 –
Police Department 2,000 –
Street Lights 5,000
Signs and Signals 1,000 –
Snow Removal 1,000
Street Cleaning 1,000 –
Sidewalks 1,000 –
Storm Sewer 1,000 –
Parks & Recreation 1,000 –
Visitors Bureau 1,000 –
Fair Associations/Festivals 6,000 –
Historical Commission 500 –
Beautification Programs 500 –
Capital Projects – General Government 1,000 –
TOTAL ESTIMATED EXPENDITURES $165,922 $2,494
MUNICIPALITY OF BEVERLY, 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 9.33 $0
Public Utility 0 0
Total Class I $0 $0
CLASS II
Real Estate $9,740,070 18.66 $18,175
Personal Property 59,046 110
Total Class II $9,799,116 $18,285
CLASS IV
Real Estate $5,779,580 37.32 $21,569
Personal Property 6,084,101 22,706
Public Utility 942,102 3,516
Total Class IV $12,805,783 $47,791
Total Value & Projected Revenue $22,604,899 $66,076
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 3,304
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 1,255
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $61,517
Less Assessor Valuation Fund 2.00% 1,230
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $60,287
STATE OF WEST VIRGINIA
COUNTY OF Randolph
MUNICIPALITY OF BEVERLY
I, Sheila Scott Strahin, 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, 2025.
Sheila Scott Strahin
Recorder
Elkins- Apr 21 & 28, 2025
Recorder
(Official Title of Recording Officer)