Legal 6 col x 20”
0403 0410
FISCAL YEAR JULY 1, 2025 – JUNE 30, 2026
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF CLAY, 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
Nonspendable Fund Balance $
Restricted Fund Balance
Committed Fund Balance
Assigned Fund Balance (General Fund Only)
Unassigned Fund Balance 30,000
Property Taxes – Current Expense 58,463
Prior Year Taxes –
Supplemental Taxes
Tax Loss Restoration
Property Taxes – Excess Levy –
Property Taxes – Excess Levy –
Property Taxes – Excess Levy –
Property Taxes – Bond Levy –
Tax Penalties, Interest & Publication fees
Gas & Oil Severance Tax 750
Excise Tax on Utilities 20,000
Business and Occupation Tax
Wine & Liquor Tax 14,000
Animal Controll Tax
Hotel Occupancy Tax
Amusement Tax
Insurance Premium Surtax
Motor Vehicle Operator’s Tax
Horse and Dog Racing Tax
Sales Tax
Fines, Fees & Court costs
Parking Violations
Regional Jail Operations Partial Reimbursement
Licenses 3,000
Building Permit Fees 100
Miscellaneous Permits 1,000
Franchise Fees
Inspection, Dilapidated Building & Vacant Property Fees
IRP Fees (Interstate Registration Plan) 25,000
Employee Health Insurance Premium Charges
Retirees’ Medical Insurance Charges
Retirees’ Prescription Insurance Charges
Private Liquor Club Fee
Cemetery Revenues
Dog Pound Fees
Emergency Communication Fee
Emergency Service Fee
Parks & Recreation
Municipal Service Fees
Parking Meter Revenues
Off Street Parking
Collection of Delinquent Accounts
Rents, Royalties and Concessions
Airport Revenues
Jail Fees
Special Assessments
Refuse Collection
Police Protection Fees
Fire Protection Fees
Planning Commission Revenue
Landfill / Incinerator Fees
Street Fees
Housing Program Revenues
Civic Center / Coliseum
Floodwall Fees
Charges for Services
Charges to Other Entities
Ambulance Fees
Federal Government Grants
State Government Grants
Other Grants
Contributions from Other Entities
Contributions from Other Funds
Charges to Other Funds
Payment in Lieu of Taxes
Federal Payment in Lieu of Taxes
Flood Reimbursement
Payroll Reimbursements
Transfers from Rainy Day Fund
Gaming Income 11,000
Capital Lease Revenues
Municipal Specific
Gain / Loss on Sale of Fixed Assets
Interest Earned on Investments 150
Reimbursements
Refunds
Sale of Fixed Assets
Sale of Materials
Commissions
Insurance Claims
Filing Fees
Library Fees
Accident Reports
Bingo Revenues
Recycling Program
Property Rehabilitation
Interest on Special Assessments
Confiscated Property, Forfeiture / Seizure
Employees Retirement Contribution (Police & Fire)
Fair Market Value
Video Lottery (LVL) 600
Proceeds from Sale of Bonds
Miscellaneous Revenues (provide details on ‘Explanations’ tab) 1,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 165,063
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance (Coal Fund Only) $ 300
Coal Severance Tax 1,200
Interest Earned on Investment
Reimbursements
Refunds
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 1,500
General Fund Coal Severance
Fund
ESTIMATED CURRENT EXPENDITURES
Economic Development $ $
Federal Grants
State Grants
Zoning Board
Consumer Protection
Civil Service
Insurance Program (Self Insured)
Mayor’s Office 7,900 –
City Council 8,400 –
Recorder’s Office 6,300 –
City Manager’s office – –
Treasurer’s Office – –
Finance Office – –
City Clerk’s Office – –
Police Judge’s Office
City Attorney
City Auditor
Main Street Program
Engineering
Community Development (Housing)
Personnel Office
Purchasing Department
Contributions to Comms / Authorities
Enforcement Agency
Litigation Reserve
Rehabilitation of Property
Acquisition of Property
Clearance
Program Planning
Printing
Other Grants
Custodial
Housing Authority
Regional Development Authority 250
Building Inspection
Planning & Zoning
Elections
Data Processing
City Hall 63,842 –
Other Buildings
Internal Audit
Charter Board
Contributions / Transfers to Other Funds
Worthless Checks / Bad Debt Expense
Other Buildings #2
Employee Wellness
Electrical Services
Public Works Department
Public Grounds 22,000
Complaint Department
Local Government Access Channel
Energy Savings Contract
Parking
Market House
Transfers / Reimbursements
Contingencies
Police Department
DARE Grant
COPS Grant
Investigative Services & Control
Police – Special Duty
Regional Jail
Fire Department
Dog Warden / Humane Society
Watershed Project
Ambulance Authority
Dams & Dredging
Communication Center / Central Dispatch
Traffic Engineering
Civil Defense
Flood Control / Soil Conservation
Fire Hydrants
Emergency Services – –
Juvenile Justice Diversion Program
Drug & Violent Crime Control Grant
Local Law Enforcement Block Grant
Local Law Enforcement Block Grant
Local Law Enforcement Block Grant
Local Law Enforcement Block Grant
Local Law Enforcement Block Grant
Fire Fee Distribution
Streets and Highways – –
Street Lights 17,500 –
Signs and Signals
Snow Removal
Central Garage
Street Construction
Street Cleaning
Sidewalks
Airports
Public Transit
Port Authority
Grants – Street and Transportation
Garbage Department
Landfill / Incinerator Department
Recycling Center
Local Health Department
Other Health Program
Storm Sewer
Water & Sewer
Sewer – Source of Supply
Water – Source of Supply
Grants – Health and Sanitation
Parks & Recreation 3,500 1,500
Visitors Bureau
Travel Council
Fair Associations / Festivals
Swimming Pools
Community Center
Arts & Humanities
Youth Program
Playgrounds
Museum Commission
Civic Center – Municipal Auditorium
Historical commission
Civic Promotions
4-H Camp
Rails to Trails
Ice Arena
Library
Law Library
Golf Course
Stadium
Grants – Culture and Recreation
Beautification Programs
Aging Program (Senior Citizens)
Cemeteries
Social Services
Human Rights / Affirmative Action
Human Resources
Community Council
Bingo Expenses
Grants – Social Services
Capital Projects – General Government 35,371
Capital Projects – Public Safety
Capital Projects – Street and Transportation
Capital Projects – Health and Sanitation
Capital Projects – Culture and Recreation
Capital Projects – Social Services
TOTAL ESTIMATED EXPENDITURES $ 165,063 $ 1,500
MUNICIPALITY OF CLAY, 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 10.05 $ 0
Public Utility 0 0
Total Class l $ 0 $ 0
CLASS II
Real Estate $ 3,331,020 20.10 $ 6,695
Personal Property 68,986 139
Total Class II $ 3,400,006 $ 6,834
CLASS IV
Real Estate $ 7,193,010 40.20 $ 28,916
Personal Property 4,080,717 16,404
Public Utility 2,965,874 11,923
Total Class IV $ 14,239,601 $ 57,243
Total Value & Projected Revenue $ 17,639,607 $ 64,077
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 3,204
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 1,217
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $ 59,656
Less Assessor Valuation Fund 2.00% 1,193
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $ 58,463
MUNICIPALITY OF CLAY, WEST VIRGINIA
Excess Levy / Levies
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 0.00 $ 0
Public Utility 0 0
Total Class l $ 0 $ 0
CLASS II
Real Estate $ 3,331,020 0.00 $ 0
Personal Property 68,986 0
Total Class II $ 3,400,006 $ 0
CLASS IV
Real Estate $ 7,193,010 0.00 $ 0
Personal Property 4,080,717 0
Public Utility 2,965,874 0
Total Class IV $ 14,239,601 $ 0
Total Value & Projected Revenue $ 17,639,607 $ 0
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 0
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 0
MUNICIPALITY OF CLAY, WEST VIRGINIA
Excess or Bond 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 0.00 $ 0
Public Utility 0 0
Total Class l $ 0 $ 0
CLASS II
Real Estate $ 3,331,020 0.00 $ 0
Personal Property 68,986 0
Total Class II $ 3,400,006 $ 0
CLASS IV
Real Estate $ 7,193,010 0.00 $ 0
Personal Property 4,080,717 0
Public Utility 2,965,874 0
Total Class IV $ 14,239,601 $ 0
Total Value & Projected Revenue $ 17,639,607 $ 0
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 0
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 0
STATE OF WEST VIRGINIA
COUNTY OF Clay MUNICIPALITY Clay
I, ________________, 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 ___ day of March, 2025.