FISCAL YEAR JULY 1, 2016-JUNE 30, 2017
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF VIENNA, 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 $ 454,771
Property Taxes – Current Expense 1,583,550
Tax Penalties, Interest & Publication Fees 10,000
Gas & Oil Severance Tax 9,000
Excise Tax on Utilities 350,000
Business & Occupation Tax 2,500,000
Wine & Liquor Tax 85,000
Animal Control Tax 4,000
Hotel Occupancy Tax 120,000
Fines, Fees & Court Costs 85,000
Licenses 20,000
Building Permit Fees 40,000
Miscellaneous Permits 1,000
IRP Fees (Interstate Registration Plan) 20,000
Parks & Recreation 150,000
Rents and Concessions 12,000
Police Protection Fees 215,000
Fire Protection Fees 105,000
1{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} Sales Tax 2,500,000
Gaming Income 12,000
Interest Earned on Investments 60,000
Recycling Program 125,000
Video Lottery (LVL) 60,000
Miscellaneous Revenue 1,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $8,522,321
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ 2,000
Coal Severance Tax 24,000
Interest Earned on Investment 200
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 26,200
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayorás Office $ 153,099
City Council 86,720
Recorderás Office 39,614
Treasurerás Office 196,064
Police Judgeás Office 35,733
City Attorney 40,432
City Auditor 84,657
Economic Development 194,999
Personnel Office 86,436
Purchasing Department 54,552
Enforcement Agency 92,503
Printing/Newsletter 18,000
Regional Development Authority 7,436
Building Inspection 163,548
Planning & Zoning 750
Data Processing 129,564
City Hall 78,500
Contingencies 175,000 600
Police Department 2,338,118
Fire Department 569,998
Dog Warden/Humane Society 51,980
Streets and Highways 855,928 25,600
Street Lights 83,000
Recycling Center 120,000
Local Health Department 10,000
Parks & Recreation 691,174
Visitorás Bureau 60,000
Fair Associations/Festivals 2,500
Swimming Pools 120,650
Community (Senior) Center 36,300
Arts & Humanities 2,000
Playgrounds 216,380
Civic Promotions 43,410
Library 324,671
Beautification Programs 85,950
Aging Program (Senior Citizens) 4,300
Social Services 6,000
Community Council 41,000
Capital Projects – General Government 53,600
Capital Projects – Public Safety 84,305
Capital Projects – Street and Transportation 932,550
Capital Projects – Culture and Recreation 150,900
TOTAL ESTIMATED EXPENDITURES $ 8,522,321 $ 26,200
MUNICIPALITY OF CITY OF VIENNA, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2016 – JUNE 30, 2017
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 $ 289,224,670 25.00 $ 723,062
Personal Property 363,636 909
Total Class II $ 289,588,306 $ 723,971
CLASS IV
Real Estate $ 111,479,850 50.00 $ 557,399
Personal Property 78,756,692 393,783
Public Utility 12,094,414 60,472
Total Class IV $ 202,330,956 $ 1,011,654
Total Value &
Projected Revenue $ 491,919,262 $ 1,735,625
Less Delinquencies, Exonerations & Uncollectable Taxes: 5.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 86,781
Less Tax Discounts (use Total Projected Revenue to calculate)
2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 32,977
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $ 1,615,867
Less Assessor Valuation Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 32,317
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy for Property Taxes $ 1,583,550
STATE OF WEST VIRGINIA
COUNTY OF WOOD
MUNICIPALITY OF CITY OF VIENNA
I, Cathy Smith, 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 10th day of March, 2016.
/s/ Cathy Smith
(Signature)
City Recorder
Mar 18, 25