Legal 3 col x 16-3/4”
0327 0403
FISCAL YEAR JULY 1, 2021 – JUNE 30, 2022
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF LEWISBURG, 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 collectible from every source during the fiscal year INCLUDING THE LEVY OF TAXES, is as follows:
REVENUE SOURCE
Unassigned Fund Balance 3,832,454
Property Taxes – Current Expense 969,994
Property Taxes – Excess Levy 494,895
Gas & Oil Severance Tax 7,000
Excise Tax on Utilities 200,000
Business and Occupation Tax 835,000
Wine & Liquor Tax 35,000
Animal Control Tax 900
Hotel Occupancy Tax 400,000
Fines, Fees & Court Costs 25,000
Licenses 30,000
Building Permit Fees 42,000
Miscellaneous Permits 1,200
Franchise Fees 35,000
IRP Fees (Interstate Registration Plan) 69,000
Municipal Service Fees 438,000
Off Street Parking 240
Rents, Royalties and Concessions 16,800
Fire Protection Fees 273,800
Contributions from Other Entities 600
Gaming Income 18,000
Interest Earned on Investments 5,000
Reimbursements (Explain type of funds & amounts being transferred) 1,000
Recycling Program 3,200
Video Lottery (LVL) 11,500
Miscellaneous Revenues 26,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 7,771,583
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ 1
Coal Severance Tax 5,101
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 5,101
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 29,184 –
City Council 12,000 –
City Manager’s Office 63,331 –
Treasurer’s Office 49,245 –
City Clerk’s Office 57,166 –
Police Judge’s Office 54,754 –
City Attorney 35,000 –
City Auditor 15,500 –
Community Development (Housing) 86,971 –
Rehabilitation of Property 22,000 –
Regional Development Authority 1,700 –
Building Inspection 66,669 –
Planning & Zoning 142,775 –
City Hall 931,890 –
Other buildings 2,000 –
Contributions / Transfers to Other Funds 500,000 –
Parking 2,800 –
Contingencies 300,000 –
Police Department 1,771,404 –
Fire Department 1,060,866 –
Fire Fee Distribution 223,129 –
Streets and Highways 506,192 –
Snow Removal 41,689 –
Sidewalks 868,458 –
Public Transit 3,000 –
Recycling Center 64,464 –
Storm Sewer 56,703 –
Parks & Recreation 389,986 5,101
Visitors Bureau 200,000 –
Arts & Humanities 50,000 –
Library 55,800 –
Beautification Programs 106,907 –
TOTAL ESTIMATED EXPENDITURES $ 7,771,583 $ 5,101
MUNICIPALITY OF LEWISBURG, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY l, 2021 – JUNE 30, 2022
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 $ 125,521,250 25.00 $ 313,803
Personal Property 0 0
Total Class II $ 125,521,250 $ 313,803
CLASS IV
Real Estate $ 99,169,670 50.00 $ 495,848
Personal Property 34,175,875 170,879
Public Utility 10,035,718 50,179
Total Class IV $ 143,381,263 $ 716,908
Total Value & Projected Revenue $ 268,902,513 $ 1,030,709
Less Delinquencies, Exonerations & Uncollectable Taxes 3.00% 30,921
Less Tax Discounts (use Total Projected Revenue to calculate) 1.00% 9,998
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $ 989,790
Less Assessor Valuation Fund 2.00% 19,796
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $ 969,994
MUNICIPALITY OF LEWISBURG, WEST VIRGINIA
Excess Levy
FISCAL YEAR JULY 1, 2021 – JUNE 30, 2022
Certificate of Valuation
Assessed Value Levy Taxes
for Tax Purposes Rate/$100 Levied
CLASS I
Personal Property $ 0 6.25 $ 0
Public Utility 0 0
Total Class I $ 0 $ 0
CLASS II
Real Estate $ 125,521,250 12.50 $ 156,902
Personal Property 0 0
Total Class II $ 125,521,250 $ 156,902
CLASS IV
Real Estate $ 99,169,670 25.00 $ 247,924
Personal Property 34,175,875 85,440
Public Utility 10,035,718 25,089
Total Class IV $ 143,381,263 $ 358,453
Total Value & Projected Revenue $ 268,902,513 $ 515,355
Less Delinquencies, Exonerations & Uncollectable Taxes 3.00% 15,461
Less Tax Discounts (use Total Projected Revenue to calculate) 1.00% 4,999
Net Amount to be Raised by Levy for Budget Purposes $ 494,895
STATE OF WEST VIRGINIA
COUNTY OF Greenbrier
MUNICIPALITY OF Lewisburg
I, Shannon Beatty, 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 of March, 2021.