FISCAL YEAR JULY 1, 2023 JUNE 30, 2024
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF FAIRVIEW, 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 or 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 94,222
Property Taxes – Current Expense 37,027
Gas & Oil Severance Tax 950
Excise Tax on Utilities 22,974
Business and Occupation Tax 44,128
Wine & Liquor Tax 207
Animal Control Tax 31
Fines, Fees and Court Costs 10,072
Licenses 1,185
IRP Fees (Interstate Registration Plan) 11,650
Gaming Income 10,659
Interest Earned on Investments ` 128
Filing Fees 40
Video Lottery (LVL) 2,791
Miscellaneous Revenues 375
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $236,439
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ 1,400
Coal Severance Tax 1,000
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $2,400
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office $ 700 –
City Council 2,000 –
Recorder’s Office 1,800 –
Police Judge’s Office 600 –
City Attorney 1,900 –
City Auditor 9,000 –
Custodial 2,400 –
Regional Development Authority 1,250 –
City Hall 110,189 1,000
Police Department 40,000 –
Fire Department 1,000 –
Dog Warden/Humane Society 600 –
Streets and Highways 14,000 –
Street Lights 8,000 –
Signs and Signals 2,000 –
Snow Removal 4,000 –
Street Construction 36,000 –
Fair Associations/Festivals 1,000 1,000
TOTAL ESTIMATED EXPENDITURES $236,439 $2,400
MUNICIPALITY OF FAIRVIEW, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2023 – JUNE 30, 2024
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 0
Total Class I 0 0 0
CLASS II
Real Estate $5,094,380 25.00 $12,736
Personal Property 0 0
Total Class II $5,094,380 $12,736
CLASS IV
Real Estate $2,227,960 50.00 $11,140
Personal Property 1,519,875 7,599
Public Utility 1,821,557 9,108
Total Class IV $5,569,392 $27,847
Total Value &
Projected Revenue $10,663,772 $40,583
Less Delinquencies, Exonerations
& Uncollectable Taxes 5.00% 2,029
Less Tax Discounts 2.00% 771
Total Projected Property Tax Collection 37,783
Less Assessor Valuation Fund 2.00% 756
Net Amount to be Raised by
Levy of Property Taxes $37,027
MUNICIPALITY OF FAIRVIEW, WEST VIRGINIA
Excess Levy / Levies
FISCAL YEAR JULY 1, 2023 – JUNE 30, 2024
Certificate of Valuation
Assessed Value Levy Taxes
for Tax Purposes Rate/$100 Levied
CLASS I
Personal Property 0 0 0
Public Utility 0 0
Total Class I 0 0
CLASS II
Real Estate $5,094,380 0 0
Personal Property 0 0
Total Class II $5,094,380 0
CLASS IV
Real Estate $2,227,960 0 0
Personal Property 1,519,875 0
Public Utility 1,821,557 0
Total Class IV $5,569,392 0
Total Value &
Projected Revenue $10,663,772 0
Less Delinquencies, Exonerations
& Uncollectable Taxes 5.00% 0
Less Tax Discounts 2.00% 0
Net Amount to be Raised by
Levy of Property Taxes $ 0 MUNICIPALITY OF FAIRVIEW, WEST VIRGINIA
Excess or Bond Levy
FISCAL YEAR JULY 1, 2023 – JUNE 30, 2024
Certificate of Valuation
Assessed Value Levy Taxes
for Tax Purposes Rate/$100 Levied
CLASS I
Personal Property 0 0 0
Public Utility 0 0 0
Total Class I 0 0 0
CLASS II
Real Estate $5,094,380 0 0
Personal Property 0 0
Total Class II $5,094,380 0
CLASS IV
Real Estate $2,227,960 0 0
Personal Property 1,519,875 0
Public Utility 1,821,557 0
Total Class IV $5,569,392 0
Total Value &
Projected Revenue $10,663,772 0
Less Delinquencies, Exonerations
& Uncollectable Taxes 5.00% 0
Less Tax Discounts 2.00% 0
Net Amount to be Raised by
Levy of Property Taxes $ 0
State of West Virginia
County of Marion
Municipality of Fairview,
I, Heather Tuttle, 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 14th day March 2023.
Heather Tuttle
Recorder
TIMES: March 23, 30, 2023
ID: 692741