FISCAL YEAR 2022/2021
MUNICIPALITY OF PINEVILLE
LEVY ESTIMATE
STATE OF WEST VIRGINIA
MUNICIPALITY OF PINEVILLE to wit:
In accordance with Code Section 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 doth determine and estimate the several amounts to be as follows:
CURRENT REGULAR MUNICIPAL PURPOSES ESTIMATE
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
Unencumbered Balance $54,167
Ad Valorem Taxes 86,476
Excess Levy 44,120
Gas & Oil Severance Tax 1,067
Excise Tax on Utilities 70,000
Gross Sales Tax 180,000
Wine and liquor tax 9,800
Hotel Occupancy Tax 8,150
Fines, Fees & Court Costs 8,400
Parking Violations 75
Licenses 2,500
Building Permit Fees 100
IRP Fees 16,000
Rents and concessions 5,600
Table Gaming Revenues 8,000
Accident reports 500
Video lottery 510
Miscellaneous 500
TOTAL ESTIMATED REVENUE (GENERAL FUND) $495,965
ESTIMATED CURRENT EXPENDITURES (GENERAL FUND)
Office of Mayor $4,735
Members of Council 3,530
Recorder 3,530
City Manager 25,708
Police Judge 4,365
City Attorney 3,000
Regional Development 668
Building Inspection 2,400
Elections 1,000
City Hall 77,652
Police Department 234,827
Fire Department 12,293
Streets & Highways 42,227
Street Lights 20,475
Parks 2,074
Visitors Bureau 4,200
Fairs and Festivals 9,000
Swimming Pool 44,281
TOTAL ESTIMATED EXPENDITURES (GENERAL FUND) $495,965
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance 100
Coal Severance Tax $1,200
TOTAL ESTIMATED REVENUE (COAL SEVERANCE TAX FUND) $1,300
ESTIMATED CURRENT EXPENDITURES (COAL SEVERANCE TAX FUND)
Streets & Highways $1,300
TOTAL ESTIMATED EXPENDITURES (COAL SEVERANCE TAX FUND) $1,300
LEVY PAGE
For the Fiscal Year Ending June 30, 2022
Current Expense Current Expense
Assessed Values Levy Taxes Levy Taxes
Tax Purposes Rate/$100 Levied Rate/$100 Levied
Class I Property
Personal Property 0 12.50 0 6.25 0
Public Utilities 0 0 0
Total Class I 0 0 0
Class II Property
Real Estate 3,876,500 25.00 9,691 12.50 4,846
Personal Property 13,422 34 17
Total Class II 3,889,922 9,725 4,863
Class IV Property
Real Estate 6,848,570 50.00 34,243 25.00 17,121
Personal Property 5,342,174 26,711 13,355
Public Utilities 4,820,320 24,102 12,051
Total Class IV 17,011,064 85,056 42,527
TOTAL ASSESSED VALUE 20,900,986
TOTAL PROJECTED PROPERTY TAX REVENUE 94,781 47,390
*Less 112,113,239 (box lower left) 5% 4,739 2,370
Less 107 – Tax Discounts 2% 1,801 900
Total Projected Property Tax Collection 88,241 44,120
Less Assessor Valuation Fund 2% 1,765
(Subtracted from current expense taxes levied only)
Net Amounts to be Raised by Levy of Property Taxes 86,476 44,120
(To #301-01 on Page 4)
*112 Uncollectable Taxes 1,580
*113 Exonerations 1,580
*239Delinquencies 1,579
Roll Back Weighted
Value Weighting Assessed
Class 1 0 0.01 0
Class 2 3,889,712 0.02 77,794
Class 3 0 0.04 0
Class 4 16,898,162 0.04 675,926
Total RB Value 20,787,874 753,721
Prior total projected property tax 94,837
Amount to be raised at 103% 97,682
12,9600
Class 1 Rate 12.50
Class 2 Rate 25.00
Class 3 Rate 50.00
STATE OF WEST VIRGINIA
COUNTY OF WYOMING
MUNICIPALITY OF PINEVILLE
I, Victoria Knight Clay , 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 26th day March, 2021.
Victoria Knight Clay
RECORDER