FISCAL YEAR JULY 1, 2024- JUNE 30, 2025
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 55,577
Gas & Oil Severance Tax 2,000
Business & Occupation Tax 12,000
Fines, Fees & Court Costs 15,000
Building Permit Fees 200
IRP Fees (Interest Registration Plan) 7,000
Gaming Income 13,000
Video Lottery (LVL) 8,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $152,777
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $1,500
Coal Severance Tax 1,000
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $2,500
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 2,500
Streets and Highways 21,871
Street Lights 6,000
Parks & Recreation 10,000
Playgrounds 7,000
TOTAL ESTIMATED EXPENDITURES $152,777 $2,500
MUNICIPALITY OF CLEARVIEW, WEST VIRGINIA
Regular Current Expense Levy
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 12.50 0
Public Utility 0 0
Total Class I 0 0
CLASS II
Real Estate 15,129,220 25.00 37,823
Personal Property 0 0
Total Class II 15,129,220 37,823
CLASS IV
Real Estate 1,490,080 50.00 7,450
Personal Property 2,746,377 13,732
Public Utility 381,858 1,909
Total Class IV 4,618,315 23,091
Total Value &
Projected Revenue $19,747,535 60,914
Less Delinquencies, Exonerations,
& Uncollectable Taxes: 5.00% 3,046
Less Tax Discounts
(use Total Projected Revenue
to calculate) 2.00% 1,175
Less Allowance for Tax
Increment Financing (if Applicable) 0
Total Projected Property
Tax Collection $56,711
Less Assessor Valuation Fund 2.00% 1,134
(Subtracted from regular
current expense taxes
levied only)
Net Amount to be Raised by
Levy of Property Taxes $55,577
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 20th day of March, 2024
KATHY L. FRY
RECORDER
Int & N.R. March 29, April 5, 2024