FISCAL YEAR JULY 1, 2023 – JUNE 30, 2024
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 Severance
Fund Fund
REVENUE SOURCE
Assigned Fund Balance 3,882 2,057
Property Taxes – Current Expense 16,082
Gas & Oil Severance Tax 175
Excise Tax on Utilities 1,736
Wine, Liquor and Private Club Tax 25
Licenses 100
Building Permits 50
IRP Fees (Interstate Registration Plan) 9,228
Gaming Income 11,607
Video Lottery (LVL) 535
Coal Severance Tax – 330
TOTAL ESTIMATED REVENUE 43,420 2,387
ESTIMATED CURRENT EXPENDITURES
Regional Development Authority 110
City Hall 25,810 2,387
Water/Sewer 17,500
TOTAL ESTIMATED EXPENDITURES 43,420 2,387
MUNICIPALITY OF TOWN OF HARMAN, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2023 – JUNE 30, 2024
Certificate Of Valuation
Assessed Value Levy Taxes
for Tax Purposes Rate/$100 Levied
CLASS I
Personal Property 0 12.07 0
Public Utility 0 0
TOTAL CLASS I 0 0
CLASS II
Real Estate 1,385,880 24.14 3,346
Personal Property 42,480 103
TOTAL CLASS II 1,428,360 3,449
CLASS IV
Real Estate 1,309,470 48.28 6,322
Personal Property 1,117,024 5,393
Public Utility 509,840 2,462
TOTAL CLASS IV 2,936,334 14,177
TOTAL VALUE & PROJECTED REVENUE 4,364,694 17,626
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 881
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 335
Less Allowance for Tax Increment Financing (if Applicable) 0
TOTAL PROJECTED PROPERTY TAX COLLECTION 16,410
Less Assessor Valuation Fund 2.00% 328
(Subtracted from regular current expense taxes levied only)
NET AMOUNT TO BE RAISED BY LEVY PROPERTY TAXES 16,082
STATE OF WEST VIRGINIA
COUNTY OF RANDOLPH
MUNICIPALITY OF HARMAN
I, Patty Teter, 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, 2023.
Patty Teter
Recording Officer
3/25, 4/1