FISCAL YEAR JULY 1, 2024 – JUNE 30, 2025
LEVY ESTIMATE – BUDGET DOCUMENT
SATE OF WEST VIRGINIA
MUNICIPALITY OF BURNSVILLE, 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:
The amount due and the amount that will become due and collectable from every source during the fiscal year INCLUDING THE LEVY OF TAXES, is as follows:
REVENUE SOURCE
Unassigned Fund Balance 5,000
Property Taxes – Current Expense 77,655
Gas & Oil Severance Tax 4,000
Business and Occupation Tax 85,000
Wine & Liquor Tax 600
Animal Control Tax 100
Hotel Occupancy Tax 500
Fines, Fees & Court Cost 35,000
Licenses 300
Building Permit Fees 300
IRS Fees (Interstate Registration Plan) 90,000
Rents, Royalties, and Concessions 6,000
State Government Grants 1,500
Contributions from other Funds 150,000
Transfers from Rainy Day Fund 40,000
Gaming Income 11,000
Accident Reports 75
Video Lottery (LVL) 400
Miscellaneous Revenues (provide details on ‘Explanations’ tab) 10,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $517,430
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $250
Coal Severance Tax 1,500
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $1,750
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 3,300 –
City Council 8,400 –
Recorder’s Office 3,300 –
City Clerk’s Office 34,000 –
Police Judges Office 30,000 –
City Attorney 1,500 –
City Auditor 2,200 –
Regional Development Authority 453 –
City Hall 75,384 –
Internal Audit 2,700 –
Police Department 85,000 –
Fire Department 25,000 –
Fire Hydrants 1,716 –
Streets and Highways 230,527 –
Street Lights 8,700 500
Parks and Recreation 2,000 250
Visitors Bureau 250 –
Fair Associations/Festivals 1,500 –
Community Center 500 500
Library 1,000 500
TOTAL ESTIMATED EXPENDITURES $517,430 $1,750
MUNICIPALITY OF BURNSVILLE, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2024 – JUNE 30,2025
Certification 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 $4,182,760 25.00 10,457
Personal Property 9,708 24
Total Class II $4,192,468 $10,481
CLASS IV
Real Estate $3,878,490 50.00 19,392
Personal Property 2,351,232 11,756
Public Utility 8,696,880 43,484
Total Class IV $14,926,602 74,632
Total Value & Projected Revenue $19,119,070 $85,113
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 4,256
Less Tax Discounts (Use Total Projected Revenue to calculate) 2.00% 1,617
Less Allowance for Tax Increment Financing (If Applicable) 0
Total Projected Property Tax Collection $79,240\
Less Assessor Valuation 2.00% 1,585
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $77,655
STATE OF WEST VIRGINIA
COUNTY OF BRAXTON
MUNICIPALITY OF BURNSVILLE
I, Rebecca Jackson, 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 of the 25 day of March, 2024.
Rebecca Jackson – Original Signed
Recorder – (Official Title of Recording Officer)