FISCAL YEAR JULY 1, 2015-JUNE 30, 2016
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 $ 531,381
Property Taxes – Current Expense 1,576,795
Tax Penalties, Interest & Publication Fees 10,000
Gas & Oil Severance Tax 9,000
Excise Tax on Utilities 350,000
Business and Occupation Tax 2,650,000
Wine and Liquor Tax 85,000
Animal Control Tax 4,000
Hotel Occupancy Tax 120,000
Fines, Fees and Court Costs 85,000
Licenses 20,000
Building Permit Fees 60,000
Miscellaneous Permits 1,000
Franchise Fees 35,000
IRP Fees (Interstate Registration Plan) 7,000
Parks & Recreation 75,000
Rents and Concessions 12,000
Police Protection Fees 215,000
Fire Protection Fees 105,000
1{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} Sales Tax 1,200,000
Gaming Income 15,000
Interest Earned on Investments 32,000
Recycling Program 125,000
Video Lottery (LVL) 65,000
Miscellaneous Revenue 1,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $7,389,176
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ 4,000
Coal Severance Tax 40,000
Interest Earned on Investment 200
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) 44,200
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayorás Office $ 166,428
City Council 84,720
Recorderás Office 35,114
Treasurerás Office 192,106
Police Judgeás Office 31,608
City Attorney 40,432
City Auditor 81,930
Economic Development 159,111
Personnel Office 77,957
Purchasing Department 56,436
Enforcement Agency 92,847
Printing/Newsletter 17,200
Regional Development Authority 7,436
Building Inspection 170,087
Planning & Zoning 850
Data Processing 107,883
City Hall 78,000
Contingencies 165,000 600
Police Department 2,269,286
Fire Department 460,211
Dog Warden/Humane Society 49,442
Streets and Highways 804,826 43,600
Street Lights 83,000
Recycling Center 118,500
Local Health Department 10,000
Parks & Recreation 635,047
Visitorás Bureau 60,000
Fair Associations/Festivals 10,000
Swimming Pools 115,350
Community (Senior) Center 30,200
Arts & Humanities 1,000
Playgrounds 124,210
Civic Promotions 21,100
Library 322,155
Beautification Programs 59,350
Aging Program (Senior Citizens) 4,300
Social Services 3,500
Community Council 18,700
Capital Projects – General Government 38,320
Capital Projects – Public Safety 55,245
Capital Projects – Street and Transportation 506,000
Capital Projects – Culture and Recreation 15,289
Capital Projects – Social Services 9,000
TOTAL ESTIMATED EXPENDITURES $ 7,389,176 $ 44,200
MUNICIPALITY OF CITY OF VIENNA, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2015 – JUNE 30, 2016
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 $ 279,761,730 25.00 $ 699,404
Personal Property 327,732 819
Total Class II $ 280,089,462 $ 700,223
CLASS IV
Real Estate $ 110,609,170 50.00 $ 553,046
Personal Property 83,242,793 416,214
Public Utility 11,747,765 58,739
Total Class IV $ 205,599,728 $ 1,027,999
Total Value &
Projected Revenue $ 485,689,190 $ 1,728,222
Less Delinquencies, Exonerations & Uncollectable Taxes: 5.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 86,411
Less Tax Discounts (use Total Projected Revenue to calculate)
2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 32,836
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $ 1,608,975
Less Assessor Valuation Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 32,180
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy for Property Taxes $ 1,576,795
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 12th day of March, 2015.
/s/ Cathy Smith
(Signature)
City Recorder
(Official Title of Recording Officer)
Mar 20, 27