CITY OF BLUEFIELD, WEST VIRGINIA
FISCAL YEAR JULY 1, 2021 THROUGH JUNE 30, 2022
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF BLUEFIELD, WEST VIRGINIA
In accordance with WV Code ยง 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:
GENERAL FUND
REVENUE SOURCE
Unassigned Fund Balance 5,000,000
Property Taxes 1,243,134
Gas & Oil Severance Tax 25,000
Excise Tax on Utilities 420,000
Business and Occupation Tax 2,500,000
Wine & Liquor Tax 8,000
Animal Control Tax 1,700
Hotel Occupancy Tax 100,000
Insurance Premium Surtax 10,000
Sales Tax 1,040,000
Fines, Fees & Court Costs 268,500
Parking Violations 10,000
Licenses 40,000
Building Permit Fees 45,000
Miscellaneous Permits 1,000
Franchise Fees 130,000
Inspection Fees 29,500
IRP Fees (Interstate Registration Plan) 120,000
Emergency Service Fee 500
Parks & Recreation 439,750
Off Street Parking 50,000
Collection of Delinquent Accounts 50,000
Rents, Royalties, and Concessions 145,000
Refuse Collection 911,000
Police Protection Fees 75,000
Fire Protection Fees 893,000
Street Fees 511,000
Charges for Services 605,000
Federal Government Grants 50,000
Contributions from Other Entities 50,000
Gaming Income 5,000
Interest Earned on Investments 105,000
Reimbursements 50,000
Refunds and Rebates 25,000
Sale of Fixed Assets 7,500
Sale of Materials 7,500
Commissions 1,500
Insurance Claims 5,000
Video Lottery (LVL) 55,000
Miscellaneous Revenues 18,000
TOTAL ESTIMATED REVENUE (General Fund) 15,051,584
GENERAL FUND
ESTIMATED EXPENDITURES
Economic Development 226,705
City Council 16,920
City Manager’s Office 322,700
Treasurer’s Office 403,775
City Clerk’s Office 80,870
Police Judge’s Office 30,125
City Attorney 141,100
Personnel Office 81,360
Regional Development Authority 10,447
Building Inspection 394,550
Data Processing 260,125
City Hall 1,669,500
Other buildings 358,600
Parking 53,000
Contingencies 734,467
Police Department 2,968,700
Fire Department 1,950,065
Watershed Project 12,150
Streets and Highways 2,252,950
Public Transit 65,000
Garbage Department 1,102,100
Storm Sewer 809,850
Parks & Recreation 976,525
Visitors Bureau 50,000
Library 80,000
TOTAL ESTIMATED EXPENDITURES (General Fund) 15,051,584
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance 5,000
Coal Severance Tax 19,990
Interest Earned on Investment 10
TOTAL ESTIMATED REVENUE (Coal Severance Fund) 25,000
COAL SEVERANCE TAX FUND
ESTIMATED EXPENSE
Police Department 25,000
TOTAL ESTIMATED EXPENDITURES (Coal Severance Fund) 25,000
MUNICIPALITY OF BLUEFIELD, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2021 – JUNE 30, 2022
Certificate of Valuation Levy Taxes
Assessed Value for Rate/$100 Levied
Tax Purposes
CLASS II
Real Estate $ 125,853,360 25.00 $ 314,633
Personal Property 0 0
Total Class II $ 125,853,360 $ 314,633
CLASS IV
Real Estate $ 95,473,880 50.00 $ 477,369
Personal Property 36,627,224 183,136
Public Utility 74,637,449 373,187
Total Class IV $ 206,738,553 $ 1,033,693
Total Value & Projected Revenue $ 332,591,913 $ 1,348,326
Less Delinquencies, Exonerations & Uncollectable Taxes 4.00% 53,933
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 25,888
Total Projected Property Tax Collection $1,268,505
Less Assessor Valuation Fund 2.00% 25,370
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $ 1,243,135
STATE OF WEST VIRGINIA
COUNTY OF MERCER
MUNICIPALITY OF BLUEFIELD
I, Robert Luther, 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 23rd day of March, 2021.
ID: 490077