Mercer

Legal Notice

TOWN OF BRAMWELL, MERCER COUNTY, 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

REVENUE SOURCE
Unassigned Fund Balance $ 12,514
Property Taxes – Current Expense 26,932
Gas & Oil Severance Tax 866
Excise Tax on Utilities 15,000
Business & Occupation Tax 37,750
Hotel Occupancy Tax 15,200
Fines & Court Costs 3,000
Licenses 300
Franchise Fees 3,500
IRP Fees (Interstate Registration Plan) 6,500
Parks & Recreation 1,000
Municipal Service Fees 1,600
Rents, Royalties & Concessions 60
Gaming Income 11,000
Filing Fees 700
Video Lottery (LVL) 3,500

TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 139,422

COAL SEVERANCE TAX FUND

REVENUE SOURCE
Coal Severance Tax $ 1,000

TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $ 1,000

General Coal Severance
Fund Fund
ESTIMATED CURRENT
EXENDITURES
Economic Development 1,000
Mayor’s Office $ 1,200
City Council 5,000
Recorder’s Office 600
Treasurer’s Office 600
City Clerk’s Office 20,000
Police Judge’s Office 600
City Attorney 12,000
Litigation Reserve 3,000
Printing 500
Regional Development Authority 300
Elections 3,000
City Hall 5,000
Electrical Service 2,000
Police Department 65,922 $ 1,000
Snow Removal 1,000
Street Cleaning 500
Parks & Recreation 7,600
Visitors Bureau 7,600
Playgrounds 1,000
Cemeteries 1,000
TOTAL ESTIMATED
EXPENDITURES $ 139,422 $ 1,000

LEVY PAGE – FISCAL YEAR 2022-2023
REGULAR CURRENT EXPENSE LEVY
Entry: Town of Bramwell, WV

Certificate of Valuation Levy Taxes
Assessed Value of Tax Rate $100 Levied
CLASS I
Personal Property $ 0 12.50 0
Public Utility 0 0
Total Class I 0 0
CLASS II
Real Estate $ 4,394,060 25.00 10,985
Personal Property 0 0
Total Class II 4,394,060 10,985
CLASS IV
Real Estate $ 1,247,650 50.00 6,238
Personal Property 567,488 2,882
Public Utility 1,882,774 9,414
Total Class IV 3,706,912 18,534
TOTAL VALUE &
PROJECTED REVENUE $ 8,100,972 29,519
Less Delinquencies, Exonerations, &
Uncollectable Taxes: 5.00% 1,476
Less Tax Discounts 2.00% 561
Total projected Property Tax Collection 27,482
Less Assessor Valuation Fund 2.00% 550

Net Amount to be Raised by Levy of Property Taxes $ 26,932

STATE OF WEST VIRGINIA
COUNTY OF MERCER
MUNICIPALITY OF BRAMWELL
I, Susan Troutner, Recording Officer of said municipality, do hereby certify the foregoing are true copies from the record of the orders made and entered by the said municipality on the 28th day of March, 2022.

ID: 592929