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
Assigned Fund Balance $ 288
Unassigned Fund Balance 30,787
Property Taxes – Current Expense 28,777
Gas & Oil Severance Tax 2,114
Excise Tax on Utilities 30,684
Business & Occupation Tax 7,176
Hotel Occupancy Tax 13,056
Fines & Court Costs 5,000
Licenses 300
Franchise Fees 3,955
IRP Fees (Interstate Registration Plan) 29,962
Parks & Recreation 1,000
Municipal Service Fees 10,092
Rents, Royalties & Concessions 60
Gaming Income 10,403
Confiscated Property, Forfeiture/Seizure 2,000
Video Lottery (LVL) 1,695
TOTAL ESTIMATED R.EVENUE (GENERAL FUND) $ 177,349
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund $ 288
Coal Severance Tax $ 865
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 1,153
General Coal Severance
Fund Fund
ESTIMATED CURENT EXPENDITURES
Mayor’s Office 1,200 –
City Council 5,000 –
Recorder’s Office 600 –
Treasurer’s Office 600 –
City Clerk’s Office 15,000 –
Police Judge’s Office 600 –
City Attorney 2,000 –
Rehabilitation of Property 472 –
Regional Development Authority 300 –
Elections 3,000 –
City Hall 4,000 –
Electrical Service 2,000 –
Public Works Department 3,500 –
Police Department 107,531 $ 1,153
Street Lights 13,680 –
Sidewalks 2,000 –
Street Cleaning 500 –
Water & Sewer 960 –
Parks & Recreation 5,528 –
Visitors Bureau 6,528 –
Playgrounds 1,000 –
Cemeteries 1,350 –
TOTAL ESTIMATED EXPENDITURES $ 177,349 $ 1,153
LEVY PAGE – FISCAL YEAR 2023 – 2024
REGULAR CURRENT EXPENSE LEVY
Entry: Town of Bramwell, WV
Certificate of Valuation
Assessed Value Levy Taxes
Rate/$100 Levied
CLASS I
Personal Property $ 0 12.02 $ 0
Public Utility 0 0
Total Class I $ 0 $ 0
CLASS II
Real Estate $ 4,627,020 24.04 $ 11,123
Personal Property 0 0
Total Class II $ 4,627,020 $ 11,123
CLASS IV
Real Estate $ 1,550,050 48.08 $ 7,453
Personal Property 687,143 3,304
Public Utility 2,009,064 9,660
Total Class IV $ 4,246,257 $ 20,417
Total Value & Projected Revenue $ 8,873,277 $ 31,540
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 1,577
Less Tax Discounts 2.00% 599
Total Projected Property Tax Collection 27,482
Less Assessor Valuation Fund 2.00% 550
Net Amount to be Raised by Levy of Property Taxes $ 29,364
STATE OF WEST VIRGINIA
COUNTY OF MERCER
MUNICIPALITY OF BRAMWELL
I, Susan Troutner, 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 said municipality on the 17th day of April, 2023.
ID: 701026