FISCAL YEAR JULY 1, 2024 – JUNE 30, 2025
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF RIVESVILLE, 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 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
Property Taxes – Current Expense 92,588
Tax Loss Restoration 14,509
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) $471,933
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Coal Severance Tax 9,468
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $9,468
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Economic Development $ – $4,468
Mayor’s Office 4,950 –
City Council 9,000 –
Recorder’s Office 4,950 –
Treasurer’s Office 1,080 –
City Clerk’s Office 2,000 –
Police Judge’s Office 3,600 –
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 67,633 5,000
Other Buildings 10,000 –
Internal Audit 15,000 –
Public Grounds 8,000 –
Police Department 61,010 –
Police-Special Duty 200 –
Fire Department 32,000 –
Dog Warden/Humane Society 1,000 –
Fire Hydrants 4,800 –
Juvenile Justice Diversion Program 610 –
Streets and Highways 30,498 –
Street Lights 17,000 –
Signs and Signals 1,000 –
Snow Removal 3,500 –
Central Garage 2,500 –
Street Construction 54,502 –
Street Cleaning 3,000 –
Garbage Department 55,000 –
Landfill/Incinerator Department 22,000 –
Parks & Recreation 8,000 –
Travel Council 1,200 –
Fair Associations/Festivals 4,500 –
Community Center 3,000 –
Playgrounds 1,000 –
Beautification Programs 1,000 –
Social Services 2,000 –
TOTAL ESTIMATED EXPENDITURES $471,933 $9,468
MUNICIPALITY OF RIVESVILLE, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2024 – JUNE 30, 2025
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
Total Class I 0 0
CLASS II
Real Estate $18,644,550 25.00 $46,611
Personal Property 0 0
Total Class II $18,644,550 $46,611
CLASS IV
Real Estate $4,394,540 50.00 $21,973
Personal Property 3,528,603 17,643
Public Utility 3,371,763 16,859
Total Class IV $11,294,906 $56,475
Total Value &
Projected Revenue $29,939,456 $103,086
Less Delinquencies, Exonerations
& Uncollectable Taxes 6.00% 6,185
Less Tax Discounts (use Total
Projected Revenue to calculate) 2.50% 2,423
Less Allowance for Tax Increment Financing
(if Applicable) 0
Total Projected Property Tax Collection $94,478
Less Assessor Valuation Fund 2.00% 1,890
(Subtracted from regular current expense
taxes levied only)
Net Amount to be Raised by
Levy of Property Taxes $92,588
STATE OF WEST VIRGINIA
COUNTY OF Town of
MUNICIPALITY OF RIVESVILLE
I, Ashlee Sheets, 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 27th day March 2024.
Ashlee Sheets
Recorder
ID: 790706