Legal 3 col x 12-3/4”
0406 0413
Clay County Commission Levy Estimate (Budget)
2023 – 2024 Fiscal Year
STATE OF WEST VIRGINIA
County of: Clay, West Virginia
In accordance with Code §11-8-10, as amended, the Clay County Commission proceeded to make an estimate of the amounts necessary to be raised by levy of taxes for the current year, and doth determine and estimate the several amounts to be as follows:
General Fund Estimated Revenues
Fund Balance $ 200,000
Property Taxes Current year 1,192,629
Prior Year Taxes 80,000
Property Transfer Tax 25,000
Gas & Oil Severance Tax 20,000
Wine & Liquor Tax 300
Miscellaneous Energy Tax (Coal Bed Methane) 8,200
Licenses 200
Building Permits 800
Sheriff’s Service of Process 6,000
Sheriff’s Earnings 50
County Clerk’s Earnings 28,000
Circuit Clerk’s Earnings 8,000
Accident Reports 250
Motor Vehicle License Fee 1,600
Clerk Deed Fees 1,000
Rents & Concessions 13,000
Franchise Agreement 700
IRP Fees (Interstate Registration Plan) 35,000
Interest Earned 1,200
Miscellaneous Revenue 17,000
Sheriff’s Commission 3,500
Gaming Income 45,000
Video Lottery 6,000
Transfers Assessor’s Valuation Fund 44,200
Total Estimated General Fund Revenues $ 1,737,629
Coal Severance Tax Estimated Revenues
Assigned Fund Balance $ 100
Coal Severance Tax 40,000
Interest Earned on Investment 20
Total Coal Severance $ 40,120
ESTIMATED EXPENDITURES
GENERAL GOVERNMENT General Coal Severance
Fund Tax Fund
County Commission $ 406,352 $ –
County Clerk 142,748 –
Circuit Clerk 124,641 –
Sheriff – Treasurer 177,737 –
Prosecuting Attorney 263,411 –
Assessor 101,272 –
Assessor’s Valuation Fund 44,200 –
Statewide Computer Network 47,584 –
Elections – County Clerk 38,000 –
Circuit Court 11,310 –
Courthouse 142,000 –
Regional Development Authority 1,809 –
County Clerk Operations 7,125 –
TOTAL GENERAL GOVERNMENT 1,508,189 –
PUBLIC SAFETY – –
Sheriff – Law Enforcement 149,088 –
Sheriff – Service of Process 23,952 –
Regional Jail 53,200 40,120
TOTAL PUBLIC SAFETY 226,240 40,120
SOCIAL SERVICES – –
Human Resources 3,200 –
TOTAL SOCIAL SERVICES 3,200 –
Total Expenditures $ 1,737,629 $ 40,120
CLAY COUNTY, WEST VIRGINIA
REGULAR CURRENT EXPENSE LEVY
FISCAL YEAR JULY 1, 2023- JUNE 30, 2024
Certificate of Valuation Levy Taxes
Current Year Assessed Value for Tax Purposes Rate/$100 Levied
Class I
Personal Property $ 14.30 $
Public Utility
Total Class I $ $
Class II
Real Estate $ 123,600,050 28.60 $ 353,496
Personal Property 3,373,719 9,649
Total Class II $ 126,973,769 $ 363,145
Class III
Real Estate $ 59,145,020 57.20 $ 338,310
Personal Property 56,121,769 321,017
Public Utility 42,849,083 245,097
Total Class III $ 158,115,872 $ 904,424
Class IV
Real Estate $ 6,225,490 57.20 $ 35,610
Personal Property 3,250,218 18,591
Public Utility 2,863,866 16,381
Total Class IV $ 12,339,574 $ 70,582
Total Value & Projected Revenue $ 297,429,215 $ 1,338,151
Less Delinquencies, Exonerations & Uncollectable Taxes 7.20% 96,347
Less Tax Discounts 2.00% 24,836
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $ 1,216,968
Less Assessor Valuation Fund 2.00% 24,339
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $ 1,192,629
STATE OF WEST VIRGINIA
COUNTY OF CLAY
I, Connie Workman, CLERK OF THE COUNTY COMMISSION OF SAID COUNTY, DO HEREBY CERTIFY THAT THE FOREGOING ARE TRUE COPIES FROM THE RECORD OF ORDERS MADE AND ENTERED BY SAID COMMISSION ON THE 27th DAY OF MAY 2023.