FISCAL YEAR JULY 1, 2024- JUNE 30, 2025
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 390,000
Property Taxes – Current Expense 401,669
Property Taxes – Excess Levy 139,135
Gas & Oil Severance Tax 35,000
Excise Tax on Utilities 130,000
Business and Occupation Tax 365,000
Wine and Liquor Tax 200
Fines, Fees and Court Costs 40,000
Licenses 4,000
Building Permit Fees 5,000
Franchise Fees 70,000
IRP Fees (Interstate Registration Plan) 110,000
Rents, Royalties, and Concessions 90,000
Transfers from Rainy Day Fund 190,784
Gaming Income 17,000
Interest Earned on Investments 500
Refunds 400
Insurance Claims 1,000
Video Lottery (LVL) 40,000
Miscellaneous Revenues 6,000
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $2,035,688
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $23,000
Coal Severance Tax 14,000
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $37,000
ESTIMATED CURRENT EXPENDITURES
General Coal Severance
Fund Fund
Mayor’s Office 9,755 –
City Council 12,935 –
Recorder’s Office 10,635 150
Treasurer’s Office 200 –
City Clerk’s Office 162,370 2,350
Police Judge’s Office 4,800 –
City Attorney 36,800 –
Regional Development Authority 1,050 –
Building Inspection 333 –
City Hall 29,611 –
Contingencies 5,000 –
Police Department 552,504 –
Fire Department 32,124 –
Streets and Highways 414,152 26,000
Street Lights 30,000 –
Public Transit 139,135 –
Parks & Recreation 34,400 –
Capital Projects – General Government 5,500 –
Capital Projects – Public Safety 40,000 –
Capital Projects – Streets
and Transportation 515,384 –
TOTAL ESTIMATED EXPENDITURES $2,035,688 $37,000
MUNICIPALITY Of BETHLEHEM, WEST VIRGINIA
REGULAR CURRENT EXPENSE LEVY
FISCAL YEAR JULY 1, 2024 – JUNE 30, 2025
Certificate of Valuation
Assessed Value Levy Taxes
for Tax Purposes Rate/$100 Levied
CLASS I
Personal Property 0 11.96 0
Public Utility 0 0
Total Class I 0 0
CLASS II
Real Estate $95,178,730 23.92 $227,668
Personal Property 0 0
Total Class II $95,178,730 $227,668
CLASS IV
Real Estate $14,710,350 47.84 $70,374
Personal Property 22,624,578 100,430
Public Utility 4,291,894 20,532
Total Class IV $41,626,822 $199,142
TOTAL VALUE AND
PROJECTED REVENUE $136,805,552 $426,810
Less Delinquencies, Exonerations, &
Uncollectable Taxes 3.00% 12,804
Less Tax Discounts
(Use Total Projected Revenue to calculate) 1.00% 4,140
Less Allowance for Tax Increment Financing
(if Applicable) 0
TOTAL PROJECTED PROPERTY TAX COLLECTION $409,866
Less Assessor Valuation Fund 2.00% 8,8197
(Subracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $ 401,669
MUNICIPALITY OF BETHLEHEM, WEST VIRGINIA
Excess Levy/Levies
FISCAL YEAR JULY 1, 2024 – JUNE 30, 2025
Certificate of Valuation Levy Taxes
Assessed Value Rate/$100 Levied
for Tax Purposes
CLASS I
Personal Property 0 4.06 0
Public Utility 0 0
Total Class I 0 0
CLASS II
Real Estate $95,178,730 8.12 $77,285
Personal Property 0 0
Total Class II $95,178,730 $77,285
CLASS IV
Real Estate $14,710,350 16.24 $23,890
Personal Property 21,477,734 36,742
Public Utility 3,954,414 6,970
Total Class IV $39,501,838 $67,602
TOTAL VALUE AND
PROJECTED REVENUE $136,805,522 $141,887
Less Delinquencies, Exonerations, &
Uncollectable Taxes 3.00% 4,347
Less Tax Discounts 1.00% 1,405
(use Total Projected Revenue to calculate)
Net Amount to be Raised by Levy For Budget Purposes: $139,135
STATE OF WEST VIRGINIA,
COUNTY OF – OHIO
MUNICIPALITY OF – BETHLEHEM
I, Matthew Saseen, 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 20 day of March, 2023.
Matt Saseen
Recorder
Int & N.R. March 28, April 4, 2024