FISCAL YEAR JULY 1, 2022 – JUNE 30, 2023
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF MILL CREEK, 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 30,000
Property Taxes – Current Expense 53,261
Prior Year Taxes 1,500
Supplemental Taxes 1,500
Tax Loss Restoration 1,000
Tax Penalties, Interest & Publication Fees 300
Gas & Oil Severance Tax 1,000
Excise Tax on Utilities 15,000
Wine & Liquor Tax 300
Animal Control Tax 75
Licenses 1,300
Building Permit Fees 75
Franchise Fees 12,500
IRP Fees (Interstate Registration Plan) 3,500
Transfers from Rainy Day Fund 3,750
Gaming Income 8,500
Video Lottery (LVL) 2,000
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $135,561
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $500
Coal Severance Tax 2,500
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $3,000
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Economic Development $ – $ –
Mayor’s Office 6,000 –
City Council 7,000 –
Recorder’s Office 2,000 –
City Clerk’s Office 15,000 –
City Attorney 2,500 –
Personnel Office 30,000 –
Regional Development Authority 644 –
City Hall 45,167 3,000
Streets and Highways 1,500 –
Street Lights 11,000 –
Storm Sewer 5,000 –
Parks & Recreation 1,250 –
Fair Associations/Festivals 1,500 –
Community Center 4,000 –
Library 1,000 –
Aging Program (Senior Citizens) 1,000 –
Social Services 1,000 –
TOTAL ESTIMATED EXPENDITURES $135,561 $3,000
MUNICIPALITY OF MILL CREEK, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2022 – JUNE 30, 2023
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 $ 7,027,060 25.00 $ 17,568
Personal Property 263,628 659
Total Class II $ 7,290,688 $ 18,227
CLASS IV
Real Estate $ 3,062,160 50.00 $ 15,311
Personal Property 2,554,128 12,771
Public Utility 2,413,370 12,067
Total Class IV $ 8,029,658 $ 40,149
Total Value & Projected
Revenue $ 15,320,346 $ 58,376
Less Delinquencies, Exonerations &
Uncollectable Taxes 5.00% 2,919
Less Tax Discounts (use Total Projected
Revenue to calculate) 2.00% 1,109
Less Allowance for Tax Increment
Financing (if Applicable) 0
Total Projected Property Tax Collection $ 54,348
Less Assessor Valuation Fund 2.00% 1,087
(Subtracted from regular current
expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $ 53,261
STATE OF WEST VIRGINIA
COUNTY OF RANDOLPH
MUNICIPALITY OF MILL CREEK
I, Carolyn Meade, 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 10 day of March, 2021.
CAROLYN MEADE
(Signature)
RECORDER
(Official Title of Recording Officer)
3-17, 3-24