FISCAL YEAR JULY 1, 2023 JUNE 30, 2024
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF RIVESVILLE, 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 8,901
Property Taxes – Current Expense 90,775
Supplemental Taxes 14,509
Tax Loss Restoration 70
Gas & Oil Severance Tax 4,815
Excise Tax on Utilities 30,000
Business and Occupation Tax 55,000
Wine & Liquor Tax 400
Fines, Fees and Court Costs 33,000
Licenses 225
Building Permits 135
Miscellaneous Permits 100
IRP Fees (Interstate Registration Plan) 11,054
Dog Pound Fees 37
Parks & Recreation 4,893
Rents, Royalties, and Concessions 44,980
Refuse Collection 70,000
Police Protection Fees 30,000
Fire Protection Fees 30,749
Street Fees 35,879
Gaming Income 7,462
Video Lottery (LVL) 6,107
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $479,091
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ 773
Coal Severance Tax 3,140
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $3,915
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 4,950 –
City Council 9,000 –
Recorder’s Office 4,950 –
Treasurer’s Office 1,000 –
City Clerk’s Office 26,000 –
Police Judge’s Office 200 –
City Attorney 10,000 –
City Auditor 12,000 –
Main Street Program 2,000 –
Rehabilitation of Property 5,000 –
Printing 4,000 –
Custodial 1,200 –
Regional Development Authority 200 –
Elections 2,000 –
City Hall 73,462 3,915
Public Grounds 8,000 –
Police Department 61,010 –
Fire Department 32,000 –
Dog Warden/Humane Society 1,000 –
Fire Hydrants 4,800 –
Juvenile Justice Diversion Program 610 –
Streets and Highways 35,000 –
Street Lights 17,000 –
Snow Removal 2,500 –
Street Construction 74,398 –
Street Cleaning 3,000 –
Garbage Department 50,000 –
Landfill/Incinerator Department 19,811 –
Parks & Recreation 8,000 –
Fair Associations/Festivals 4,500 –
Playgrounds 1,000 –
Beautification Programs 500 –
TOTAL ESTIMATED EXPENDITURES $479,091 $3,915
MUNICIPALITY OF RIVESVILLE, 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 $17,432,430 25.00 $43,581
Personal Property 0 0
Total Class II $17,432,430 $43,581
CLASS IV
Real Estate $4,259,040 50.00 $21,295
Personal Property 3,654,035 18,270
Public Utility 3,584,200 17,921
Total Class IV $11,497,275 $57,486
Total Value &
Projected Revenue $28,929,705 $101,067
Less Delinquencies, Exonerations
& Uncollectable Taxes 5.00% 6,064
Less Tax Discounts 2.00% 2,375
Total Projected Property Tax Collection $92,628
Less Assessor Valuation Fund 2.00% 1,853
Net Amount to be Raised by
Levy of Property Taxes $90,775
MUNICIPALITY OF RIVESVILLE, 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 0.00 $ 0
Public Utility 0 0 0
Total Class I 0 0 0
CLASS II
Real Estate $17,432,430 0.00 $ 0
Personal Property 0 0
Total Class II $17,432,430 $ 0
CLASS IV
Real Estate $4,259,040 0.00 $ 0
Personal Property 3,654,035 0
Public Utility 3,584,200 0
Total Class IV $11,497,275 $ 0
Total Value &
Projected Revenue $28,929,705 $ 0
Less Delinquencies, Exonerations
& Uncollectable Taxes 6.00% 0
Less Tax Discounts 2.50% 0
Net Amount to be Raised by
Levy of Property Taxes $ 0
MUNICIPALITY OF RIVESVILLE, 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 0.00 $ 0
Public Utility 0 0 0
Total Class I 0 0 0
CLASS II
Real Estate $17,432,430 0.00 $ 0
Personal Property 0 0
Total Class II $17,432,430 $ 0
CLASS IV
Real Estate $4,259,040 0.00 $ 0
Personal Property 3,654,035 0
Public Utility 3,584,200 0
Total Class IV $11,497,275 $ 0
Total Value &
Projected Revenue $28,929,705 $ 0
Less Delinquencies, Exonerations
& Uncollectable Taxes 6.00% 0
Less Tax Discounts 2.50% 0
Net Amount to be Raised by
Levy of Property Taxes $ 0
State of West Virginia
County of Marion
Municipality of Rivesville,
I, Lauronza Harmon, 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 March 2023.
Lauronza Harmon
Recorder
Times: March 23, 30, 2023
ID: 693032