FISCAL YEAR JULY 1, 2017-JUNE 30, 2018
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 $ 354,721
Property Taxes – Current Expense 1,616,142
Tax Penalties, Interest & Publication Fees 10,000
Gas & Oil Severance Tax 9,000
Excise Tax on Utilities 350,000
Business and Occupation Tax 2,600,000
Wine & Liquor Tax 90,000
Animal Control Tax 4,000
Hotel Occupancy Tax 110,000
Sales Tax 3,150,000
Fines, Fees & Court Costs 85,000
Licenses 20,000
Building Permit Fees 60,000
Miscellaneous Permits 1,000
IRP Fees (Interstate Registration Plan) 20,000
Parks & Recreation 85,000
Rents, Royalties, and Concessions 12,000
Police Protection Fees 215,000
Fire Protection Fees 50,000
Contributions from Other Entities 2,500
Gaming Income 10,000
Interest Earned on Investments 45,000
Recycling Program 125,000
Video Lottery (LVL) 60,000
Miscellaneous Revenue 1,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $9,085,363
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ 2,000
Coal Severance Tax 20,000
Interest Earned on Investment 200
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 22,200
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Economic Development $ 205,043 $
Mayorás Office 164,533
City Council 80,600
Recorder 42,244
Treasurerás Office 218,808
Police Judgeás Office 36,123
City Attorney 42,632
City Auditor 88,779
Personnel Office 102,757
Purchasing Department 59,964
Enforcement Agency 95,524
Printing 21,000
Regional Development Authority 8,120
Building Inspection 184,775
Planning & Zoning 950
Data Processing 143,788
City Hall 84,400
Contingencies 175,000 600
Police Department 2,649,881
Fire Department 610,217
Dog Warden/Humane Society 53,030
Streets and Highways 924,437 $ 21,600
Street Lights 105,000
Recycling Center 120,000
Local Health Department 9,000
Parks & Recreation 718,637
Visitors Bureau 55,000
Fair Associations/Festivals 5,000
Swimming Pools 121,650
Community Center 59,750
Arts & Humanities 2,000
Playgrounds 209,887
Civic Promotions 44,280
Library 331,554
Beautification Programs 106,050
Aging Program (Senior Citizens) 4,300
Social Services 9,000
Community Council 20,000
Capital Projects – General Government 302,500
Capital Projects – Public Safety 126,400
Capital Projects – Streets and Transportation 632,000
Capital Projects – Culture and Recreation 102,750
Capital Projects – Culture and Recreation 8,000
TOTAL ESTIMATED EXPENDITURES $ 9,085,363 $ 22,200
MUNICIPALITY OF CITY OF VIENNA, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2017 – JUNE 30, 2018
Column E
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 $ 296,644,140 25.00 $ 741,610
Personal Property 357,624 894
Total Class II $ 297,001,764 $ 742,504
CLASS IV
Real Estate $ 111,854,350 50.00 $ 559,272
Personal Property 80,602,898 403,014
Public Utility 13,311,674 66,558
Total Class IV $ 205,768,922 $ 1,028,844
Total Value &
Projected Revenue $ 502,770,686 $ 1,771,348
Less Delinquencies, Exonerations & Uncollectable Taxes: 5.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 88,567
Less Tax Discounts (use Total Projected Revenue to calculate)2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 33,656
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $ 1,649,125
Less Assessor Valuation Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 32,983
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy for Property Taxes
For Budget Purposes (Amount carries to #301-01 on GF REV tab) $ 1,616,142
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 21st day of March, 2017.
/s/ Cathy Smith
(Signature)
City Recorder
Mar 27, Apr 3