Source: July 20, 2015 Read More →

Clay Levy Estimate

Clay County Commission Levy Estimate (Budget)
2015 – 2016 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:                            Estimated
General Fund            Revenues
Fund Balance     $    125,000
Property Taxes Current Year        1,097,941
Prior Year Taxes        142,251
Property Transfer Tax        18,000
Gas and Oil Severance Tax         134,332
Wine & Liquor Tax         200
Miscellaneous Energy Tax (Coal Bed Methane)    7,925
Licenses        50
Building Permits        300
Sheriff’s Service of Process        7,000
Sheriff’s Earnings        430
County Clerk’s Earnings        30,000
Circuit Clerk’s Earnings        8,300
Accident Reports        400
Motor Vehicle License Fee        2,200
Clerk Deed Fees        600
Rents & Concessions        20,000
Franchise Agreement        900
IRP Fees (Interstate Registration Plan)        20,000
Regional Jail Operations Partial Reimbursement    29,000
Interest Earned        2,000
Miscellaneous Revenue        1,000
Sheriff’s Commission        8,000
Gaming Income        60,000
Video Lottery        12,000
Transfers Assessor’s Valuation Fund        39,100
Total Estimated General Fund Revenues     $    1,766,929
Estimated
Coal Severance Tax            Revenues
Assigned Fund Balance            $     100
Coal Severance Tax                32,000
Total Coal Severance            $    32,100
Coal
General        Severance
ESTIMATED EXPENDITURES        Fund        Tax Fund
GENERAL GOVERNMENT
County Commission    $    300,282    $    –
County Clerk        147,966        –
Circuit Clerk        145,502        –
Sheriff – Treasurer        188,688        –
Prosecuting Attorney        255,609        –
Assessor        123,879        –
Assessor’s Valuation Fund        39,100        –
Statewide Computer Network        35,092        –
Elections – County Clerk        30,000        –
Circuit Court        11,310        –
Courthouse        128,133        –
Regional Development Authority        1,873        –
County Clerk Operations        1,680        –
TOTAL GENERAL GOVERNMENT    $    1,409,114    $    –
PUBLIC SAFETY
Sheriff – Law Enforcement        192,461        –
Sheriff – Service of Process        16,579        –
Regional Jail        142,257        32,100
Dog Warden/Humane Society        2,854        –
TOTAL PUBLIC SAFETY    $    354,151        32,100
SOCIAL SERVICES
Human Resources        3,664        –
TOTAL SOCIAL SERVICES    $    3,664        –
Total Expenditures    $    1,766,929    $    32,100
STATE OF WEST VIRGINIA
CLAY COUNTY, WEST VIRGINIA, WEST VIRGINIA
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 said commission on the 25th day of march 2015.

CLAY COUNTY, WEST VIRGINIA
LEVY PAGE
Regular Current Expense Levy
2015-2016
Column E
Certificate of Valuation    Levy        Taxes
Assessed Value for Tax Purposes    Rate/$100        Levied
CLASS I
Personal Property    $            14.30     $
Public Utility
Total Class I    $                $
CLASS II
Real Estate    $        70,768,710    28.60     $        202,399
Personal Property            3,627,392                10,374
Total Class II    $        74,396,102        $        212,773
CLASS III
Real Estate    $        66,063,500    57.20    $        377,883
Personal Property            61,297,451                350,621
Public Utility            38,163,788                218,297
Total Class III    $        165,524,739        $        946,801
CLASS IV
Real Estate     $         6,240,570    57.20     $         35,696
Personal Property             3,286,133                18,797
Public Utility            3,119,158                17,842
Total Class IV    $         12,645,861        $        72,335
Total Value & Projected Revenue  $      252,566,702        $        1,231,909
Less Delinquencies, Exonerations & Uncollectable Taxes       7.20{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c}            88,697
Less Tax Discounts                         2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c}            22,864
Less Allowance for Tax Increment Financing – see worksheet
(Subtracted from regular current expense taxes levied only)            –
Total Projected Property Tax Collection                    1,120,348
Less Assessor Valuation Fund                         2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c}            22,407
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes            $    1,097,941    For Budget Purposes (Transfer amount to Worksheet GCRev – Account No. 301-01)