FISCAL YEAR JULY 1, 2016- JUNE 30, 2017
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF BETHLEHEM,
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 $235,000
Property Taxes – Current Expense 260,315
Property Taxes – Excess Levy 89,644
Gas & Oil Severance Tax 8,000
Excise Tax on Utilities 90,000
Business and Occupation Tax 290,000
Wine and Liquor Tax 200
Fines, Fees and Court Costs 75,000
Licenses 4,000
Building Permit Fees 4,500
Franchise Fees 65,000
IRP Fees (Interstate Registration Plan) 60,000
Rents, Royalities, and Concessions 20,000
Transfers from Rainy Day Funds 180,815
Gaming Income 20,000
Interest Earned on Investments 500
Refunds 400
Insurance Claims 1,000
Video Lottery (LVL) 29,000
Miscellaneous Revenue 6,000
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $1,438,874
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $13,500
Coal Severance Tax 10,000
Interest Earned on Investment 25
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $23,525
ESTIMATED CURRENT EXPENDITURES General Fund Coal Severance Fund Mayor’s Office 9,755
City Council 12,935
Recorder’s Office 9,135 150
Treasurer’s Office 200
City Clerk’s Office 80,966 950
Police Judge’s Office 2,400
City Attorney 36,800
Regional Development Authority 1,050
Elections 6,000
City Hall 23,206
Contingencies 5,000
Police Department 377,648
Fire Department 56,250
Streets and Highways 205,559 22,425
Street Lights 30,000
Public Transit 89,644
Parks & Recreation 14,400
Capital Projects – General Government 5,500
Capital Projects – Public Safety 30,000
Capital Projects – Streets and Transportation 442,426
TOTAL ESTIMATED EXPENDITURES
$1,438,874 23,525
MUNICIPALITY Of Bethlehem, WEST VIRGINIA
REGULAR CURRENT EXPENSE LEVY
FISCAL YEAR JULY 1, 2016 – JUNE 30, 2017
Column E
Certificate of Valuation Levy Taxes
Assessed Value Rate/$100 Levied for Tax Purposes
Class I
Personal Property 0 10.46 0
Public Utility 0 0
Total Class I 0 0
Class II
Real Estate 77,413,870 20.92 161,950
Personal Property 0 0
Total Class II 77,413,870 161,950
Class IV
Real Estate 12,595,160 41.84 52,698
Personal Property 11,439,463 47,863
Public Utility 3,369,451 14,098
Total Class IV 27,404,074 114,659
TOTAL VALUE AND
PROJECTED REVENUE 104,817,944 276,609
Less Delinquencies, Exonerations,
& Uncollectable Taxes 3.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 8,298
Less Tax Discounts (Use Total
Projected Revenue to calculate) 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 2,683
Less Allowance for Tax Increment
Financing (if Applicable) 0
TOTAL PROJECTED PROPERTY
TAX COLLECTION 265,628
Less Assessor Valuation Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 5,313
(Subtracted from regular current
expense taxes levied only)
Net Amount to be Raised by
Levy of Property Taxes $ 260,315
MUNICIPALITY OF Bethlehem, WEST VIRGINIA
OVRTA
FISCAL YEAR JULY 1, 2016 – JUNE 30, 2017
Certificate of Valuation Levy Taxes
Assessed Value Rate/$100 Levied
for Tax Purposes
Class I
Personal Property 0 3.53 0
Public Utility 0 0
Total Class I 0 0
Class II
Real Estate 77,413,870 7.06 54,654
Personal Property 0
Total Class II 77,413,870 54,654
Class IV
Real Estate 12,595,160 14.12 17,784
Personal Property 11,439,463 16,153
Public Utility 3,369,451 4,758
Total Class IV 27,404,074 38,695
TOTAL VALUE AND
PROJECTED REVENUE 104,817,944 93,349
Less Delinquencies, Exonerations,
& Uncollectable Taxes 3.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 2,800
Less Tax Discounts 1.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 905
(use Total Projected Revenue to calculate)
Net Amount to be Raised by Levy
For Budget Purposes: 89,644
STATE OF WEST VIRGINIA, COUNTY OF – OHIO
MUNICIPALITY OF – BETHLEHEM
I, Stephen Gulajski, 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 21st day of March, 2016.
Stephen Gulajski
Recorder
Int., March 29, 2016
Int., April 5, 2016
N.R., March 29, 2016
N.R., April, 5, 2016
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