FISCAL YEAR JULY 1, 2023- JUNE 30, 2024
LEVY ESTIMATE- BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF CLEARVIEW, 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 40,000
Property Taxes-Current Expense 54,675
Gas & Oil Severance Tax 1,000
Business & Occupation Tax 12,000
Animal Control Tax 80
Fines, Fees & Court Costs 10,000
Franchise Fees 12,000
IRP Fees (Interest Registration Plan) 2,000
Gaming Income 13,000
Video Lottery (LVL) 8,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $152,755
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $500
Coal Severance Tax 1,200
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $1,700
General Coal Severance
ESTIMATED CURRENT Fund Fund
EXPENDITURES
Mayor’s Office $1,320
City Council 990
Recorder’s Office 1,073
Treasurer’s Office 1,073
City Clerk’s Office 13,800
Police Judge’s Office 900
City Attorney 15,000
Rehabilitation of Property 15,000
Regional Development Authority 750
City Hall 30,000
Police Department 28,000 1,700
Streets and Highways 21,849
Street Lights 6,000
Parks & Recreation 10,000
Playgrounds 7,000
TOTAL ESTIMATED EXPENDITURES $152,755 $1,700
MUNICIPALITY OF CLEARVIEW, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2023-JUNE 30, 2024
Certificate of Valuation Levy Taxes
Assessed Value Rate/$100 Levied
for Tax Purposes
CLASS I
Personal Property 0 12.50 0
Public Utility 0 0
Total Class I 0 0
CLASS II
Real Estate 15,220,660 25.00 38,052
Personal Property 0 0
Total Class II 15,220,660 38,052
CLASS IV
Real Estate 1,318,4300 50.00 6,592
Personal Property 2,717,249 13,586
Public Utility 339,258 1,696
Total Class IV 4,374,907 21,874
Total Value &
Projected Revenue $19,595,567 59,926
Less Delinquencies, Exonerations,
& Uncollectable Taxes: 5.00% 2,996
Less Tax Discounts
(use Total Projected Revenue
to calculate) 2.00% 1,139
Less Allowance for Tax
Increment Financing (if Applicable) 0
Total Projected Property
Tax Collection $55,791
Less Assessor Valuation Fund 2.00% 1,116
(Subtracted from regular
current expense taxes
levied only)
Net Amount to be Raised by
Levy of Property Taxes $54,675
STATE OF WEST VIRGINIA
COUNTY OF – OHIO
MUNICIPALITY OF – CLEARVIEW
I, Kathy L. Fry, 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 15th day of March, 2023
KATHY L. FRY
RECORDER
Int & N.R. March 31, April 7, 2023