FISCAL YEAR JULY 1, 2026 – JUNE 30, 2027
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF HUTTONSVILLE, 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
Nonspendable Fund Balance –
Unassigned Fund Balance 32,500
Property Taxes – Current Expense 20,680
Prior Year Taxes 500
Supplemental Taxes 250
Tax Penalties, Interest & Publication Fees 100
Gas & Oil Severance Tax 400
Excise Tax on Utilities 5,000
Wine & Liquor Tax 27,500
Animal Control Tax 25
Licenses 450
Franchise Fees 4,000
IRP Fees (Interstate Registration Plan) 2,000
Rents, Royalties, and Concessions 11,500
Civic Center / Coliseum 250
Transfers from Rainy Day Fund 15,000
Gaming Income 11,500
Video Lottery (LVL) 700
TOTAL ESTIMATED REVENUE (GENERAL FUND) $132,355
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ 100
Coal Severance Tax 400
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 500
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Economic Development –
Mayor’s Office 2,820 –
City Council 9,000 –
Treasurer’s Office 12,000 –
Housing Authority 50 –
Regional Development Authority 250 500
City Hall 91,235
Streets and Highways 5,000 –
Street Lights 3,000 –
Snow Removal 750 –
Storm Sewer 2,500 –
Parks & Recreation 2,500 –
Playgrounds 3,500 –
TOTAL ESTIMATED EXPENDITURES $132,355 500
MUNICIPALITY OF HUTTONSVILLE, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2026 – JUNE 30, 2027
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 $ 3,141,760 25.00 $ 7,854
Personal Property 159,960 400
Total Class II $ 3,301,720 $ 8,254
CLASS IV
Real Estate $ 1,227,230 50.00 $ 6,136
Personal Property 806,659 4,033
Public Utility 848,699 4,243
Total Class IV $ 2,882,588 $ 14,412
Total Value & Projected Revenue $ 6,184,308 $ 22,666
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 1,133
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 431
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $ 21,102
Less Assessor Valuation Fund 2.00% 422
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $ 20,680
STATE OF WEST VIRGINIA
COUNTY OF RANDOLPH
MUNICIPALITY OF HUTTONSVILLE
I, JENNY LANHAM , 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 2
day of March, 2026.
Signature
Jenny Lanham
(Official Title of Recording Officer)
ELK-March 17 & 24, 2026