FISCAL YEAR JULY 1, 2016 – JUNE 30, 2017
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF City of Wheeling, WEST VIRGINIA
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 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 $200,000
Property Taxes – Current
Expense 3,569,960
Prior Year Taxes 124,000
Supplemental Taxes 64,000
Property Taxes Excess Levy 1,325,433
Tax Penalties, Interest &
Publication Fees 18,000
Gas & Oil Severance Tax 61,160
Excise Tax on Utilities 1,240,000
Business & Occupation
Tax 10,875,000
Wine & Liquor Tax 320,000
Animal Control Tax 3,000 Hotel Occupancy Tax 1,500,000
Amusement Tax 15,000
Horse & Dog Racing Tax 76,000 Sales Tax 3,100,000
Fines, Fees & Court Costs 344,500
Parking Violations 90,000
Licenses 117,500
Building Permit Fees 125,000
Miscellaneous Permits 43,000
Franchise Fees 585,000
IRP Fees (Interstate
Registration Plan) 240,000
Cemetery Revenue 10,000 Parks & Recreation 100,000
Parking Meter Revnues 210,000 Off-Street Parking 240,000
Rents & Concessions 62,000
Refuse Collection 1,944,000
Fire Protection Fees 2,011,000
Charges For Services 260,000 Charges to Other Entities 288,000
Ambulance Fees 1,165,000
Federal Government Grants 125,000
Other Grants 72,000
Contributions From
Other Entities 59,000 Charges to Other Funds 383,800
Payment in Lieu of Taxes 25,000
Transfers from Rainy Day
Fund 1,000,000
Gaming Income 565,000
Municipal Specific 1,800
Interest Earned on
Investments 8,000 Reimbursements 91,000
Sale of Materials 35,000
Video Lottery (LVL) 750,000
Miscellaneous Revenues 175,000
TOTAL ESTIMATED
REVENUE (GENERAL
FUND) 33,617,153
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Coal Severance Tax 125,000
TOTAL ESTIMATED
REVENUE (COAL
SEVERANCE FUND) $125,000
Coal
General Severance
Fund Fund
ESTIMATED CURRENT
EXPENDITURES
Economic Development $711,355 –
Mayor’s Office 26,171 –
City Council 66,920 –
City Manager’s Office 407,460 125,000
Finance Office 1,368,072 –
City Clerk’s Office 90,244 –
Police Judge’s Office 162,840 –
City Attorney 190,608 –
Engineering 154,677 –
Personnel Office 310,189 –
Regional Development
Authority 10,824 Contributions/Transfers
to Other Funds 1,200,000
Market House 156,053
Contingencies 480,199
Police Department 7,536,786
Fire Department 9,658,807
Communication Central/
Center Dispatch 246,380
Street & Highways 4,457,572
Central Garage 856,470
Public Transit 1,325,433
Garbage Department 1,424,286
Recycling Center 242,069
Parks & Recreation 417,538
Visitor’s Bureau 750,000
Youth Program 159,980
Playgrounds 450,220
Civic Center-Municipal
Auditorium 332,000
Human Rights/Affirmative Action 5,000
Capital Projects-Public Safety 283,000 Capital Projects-
Street and Transportation 136,000
TOTAL ESTIMATED
EXPENDITURES 33,617,153 125,000
MUNICIPALITY OF City of Wheeling, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2016 – JUNE 30, 2017
Certificate of Valuation Levy Taxes
Assessed Value Rate/ Levied
for Tax Purposes $100
Class I
Personal Property $ 0 11.97 $ 0
Public Utility 0 0
Total Class I 0 0
Class II
Real Estate $480,496,030 23.94 $1,150,307
Personal Property 10,536 25
Total Class II $480,506,566 $1,150,332
Class IV
Real Estate $336,705,870 47.88 $1,612,148
Personal Property 240,813,375 1,153,014
Public Utility 54,572,181 261,292
Total Class IV $632,091,426 $3,026,454
TOTAL VALUE AND
PROJECTED
REVENUE $1,112,597,991 $4,176,786
Less Delinquencies,
Exonerations,
& Uncollectable Taxes 208,839
Less Tax Discounts
(use Total Projected Revenue
to calculate) 79,359
Less Allowance for Tax
Increment Financing (if
Applicable) 245,771
TOTAL PROJECTED PROPERTY
TAX COLLECTION $3,642.817
Less Assessor Valuation Fund 72,857
(Subtracted from regular current
expense taxes levied only)
Net Amount to be Raised by
Levy of Property Taxes $3,569,960
MUNICIPALITY OF City of Wheeling, WEST VIRGINIA
Excess Levy/Levies
FISCAL YEAR JULY 1, 2016 – JUNE 30, 2017
Levy Taxes
Certificate of Valuation Rate/$100 Levied
Assessed Value
for Tax Purposes
Class I
Personal Property 0 4.08 0
Public Utility 0 0
Total Class I 0 0
Class II
Real Estate $480,496,030 8.16 392,085
Personal Property 10,536 9
Total Class II $480,506,566 392,094
Class IV
Real Estate $336,705,870 16.32 549,504
Personal Property 240,813,375 393,007
Public Utility 54,572,181 89,062
Total Class IV $632,091,426 1,031,573
TOTAL VALUE AND
PROJECTED
REVENUE $1,112,597,992 $1,423,667
Less Delinquencies,
Exonerations,
& Uncollectable Taxes 71,184
Less Tax Discounts(use Total
Projected revenue to calcualte) 27,050
Net Amount to be Raised
by Levy For Budget
Purposes: $1,325,433
MUNICIPALITY OF City of Wheeling, WEST VIRGINIA
Bond Levy
FISCAL YEAR JULY 1, 2016 – JUNE 30, 2017
Levy Taxes
Certificate of Valuation Rate/$100 Levied Assessed Value for Tax Purposes
CLASS I
Personal Property 0 0.53 0
Public Utility 0 0
Total Class I 0 0
CLASS II
Real Estate $480,496,030 1.06 50,933
Personal Property 10,536 1
Total ClassII $480,506,566 50,934
CLASS IV
Real Estate $336,705,870 2.12 $71,382
Personal Property 240,813,375 51,052
Public Utility 54,572,181 11,569
Total Class IV $532,091,426 $134,003
TOTAL VALUE
& PROJECTED
REVENUE $1,112,597,992 $184,937
Less Delinquencies, Exonerations
& Uncollectable Taxes 9,247
Less Tax Discounts
(use Total Projected Revenue
to calculate) 3,514
Net Amount to be Raised by
Levy for Budget Purposes $172,176
STATE OF WEST VIRGINIA
COUNTY OF Ohio
MUNICIPALITY OF Wheeling
I, Janice L. Jones, 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 22nd day March, 2016.
The Intelligencer, March 29, April 5, 2016
235205