FISCAL YEAR JULY 1, 2022 – JUNE 30,2023
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF TOWN OF HARMAN, 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:
General Coal
Fund Severance
REVENUE SOURCE
Unassigned Fund Balance 2,376
Assigned Fund Balance 1,730
Property Taxes – Current Expense 13,980
Gas & Oil Severance tax 262
Excise Tax on Utilities 1,966
Wine, Liquor and Private Club Tax 13
Licenses 525
Building Permits 25
IRP Fees (Interstate Registration Plan) 9,253
Gaming Income 7,705
Video Lotery (LVL) 383
Miscellaneous Revenues 158
Coal Severance Tax 279
TOTAL ESTIMATED REVENUE 36,646 2,009
ESTIMATED CURRENT EXPENDITURES
Regional Development Authority 150
City Hall 30,514 2,009
Water/Sewer 5,982
TOTAL ESTIMATED EXPENDITURES 36,646 2,009
MUNICIPALITY OF TOWN OF HARMAN, WEST VIRGINIA
Regular Current Expense Levy
FISACL YEAR JULY 1, 2022 – JUNE 30, 2023
Certificate
Of Valuation
Assessed Value
forTax Levy Taxes
Purposes Rate/$100 Levied
CLASS I
Personal Property 0 12.50 0
Public Utility 0 0
TOTAL CLASS I 0 0
CLASSII
Real Estate 1,336,700 25.00 3,342
Personal Property 42,480 106
TOTAL CLASSII 1,379,180 3,448
CLASS IV
Real Estate 1,271,490 50.00 6,357
Personat Property 883,924 4,420
Public Utility 219,375 1,097
TOTAL CLASS IV 2,374,789 11,874
TOTAL VALUE &
PROJECTED REVENUE 3,753,969 15,322
Less Delinquencies, Exonerations &
Unvollectable Taxes 5.00% 766
Les Tax Discounts (use Total
Projected Revenue to Calculate 2.00% 291
Less Allowance for Tax Increment
financing (if Applicable) 0
TOTAL PROJECTED PROPERTY TAX COLLECTION 14,265
Less Assessor Valuation Fund 2.00% 285
(Subtracted from regular current expense taxes levied only)
NET AMOUNT TO BE RAISED BY LEVY PROPERTY TAXES 13,980
STATE OF WEST VIRGINIA
COUNTY OF RANDOLPH
MUNICIPALITY OF HARMAN
I, Patty Teter, Recording Offier 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 29th day of March, 2022.
Patty Teter
Recording Officer
4-1, 4-8