FISCAL YEAR JULY 1, 2021 – JUNE 30, 2022
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF GAULEY BRIDGE, WEST VIRGINIA
In accordance with Code ยง11-8-14, 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
Assigned Fund Balance 200
Unassigned Fund Balance 10,000
Property Taxes – Current Expense 33,265
Supplemental Taxes –
Gas & Oil Severance Tax 900
Excise Tax on Utilities 27,500
Business and Occupation Tax 100,000
Wine & Liquor Tax 50
Sales Tax –
Fines, Fees & Court Costs 12,500
Parking Violations –
Licenses 1,500
Building Permit Fees –
IRP Fees (Interstate Registration Plan) 5,000
Rents, Royalties, and Concessions 4,200
Gaming Income 10,000
Interest Earned on Investments 800
Recycling Program –
Video Lottery (LVL) 700
Proceeds from Sale of Bonds –
Miscellaneous Revenues 200
TOTAL ESTIMATED REVENUE (GENERAL FUND) $206,815
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund balance $ 200
Coal Severance Tax 2,000
Interest Earned on Investment –
Reimbursements –
Refunds –
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $2,200
Coal
General Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 6,000 –
City Council 4,200 –
Recorder’s Office 5,400 –
City Manager’s Office – –
Treasurer’s Office 4,800 –
Finance Office – –
City Clerk’s Office – –
Police Judge’s Office 1,600 –
City Attorney – –
City Auditor – –
Regional Development Authority 225 –
Building Inspection – –
Elections 4,500 –
Data Processing – –
City Hall 54,000 300
Contingencies 500 –
Police Department 58,390 –
Community Center 5,000 –
Youth Program 200 –
Beautification Programs 500 –
Bingo Expenses 500 –
TOTAL ESTIMATED EXPENDITURES $206,815 $2,200
STATE OF WEST VIRGINIA
COUNTY OF FAYETTE
MUNICIPALITY OF GAULEY BRIDGE
I, Penny Brouillard, 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 16th day of April, 2019.
Penny Brouillard,
Recorder