FISCAL YEAR JULY 1, 2024 – JUNE 30, 2025
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF MILL CREEK, 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
Nonspendable Fund Balance $ –
Restricted Fund Balance –
Committed Fund Balance –
Assigned Fund Balance –
Unassigned Fund Balance 30,000
Property Taxes – Current Expense 60,518
Prior Year Taxes 1,500
Supplemental Taxes 1,500
Tax Loss Restoration 1,000
Tax Penalties, Interest & Publication Fees 300
Gas & Oil Severance Tax 1,000
Excise Tax on Utilities 15,000
Wine & Liquor Tax 300
Animal Control Tax 75
Licenses 1,300
Building Permit Fees 75
Franchise Fees 12,500
IRP Fees (Interstate Registration Plan) 3,500
Transfers from Rainy Day Fund 35,000
Gaming Income 8,500
Video Lottery (LVL) 2,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 1 74,068
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ 500
Coal Severance Tax 2,500
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 3,000
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 6,000 –
City Council 10,000 –
Recorder’s Office 2,500 –
City Clerk’s Office 15,000 –
City Attorney 1,000 –
Personnel Office 50,000 –
Regional Development Authority 750 –
City Hall 71,318 3,000
Other buildings 2,000 –
Streets and Highways 500 –
Street Lights 11,000 –
Fair Associations/Festivals 1,000 –
Library 1,000 –
Aging Program (Senior Citizens) 1,000 –
Social Services 1,000 –
TOTAL ESTIMATED EXPENDITURES $ 1 74,068 $ 3,000
MUNICIPALITY OF MILL CREEK, 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 12.47 $ 0
Public Utility 0 0
Total Class I $ 0 $ 0
CLASS II
Real Estate $ 7,583,690 24.94 $ 18,914
Personal Property 310,146 774
Total Class II $ 7,893,836 $ 19,688
CLASS IV
Real Estate $ 3,655,450 49.88 $ 18,233
Personal Property 3,104,239 15,484
Public Utility 2,591,081 12,924
Total Class IV $ 9,350,770 $ 46,641
Total Value & Projected Revenue $ 17,244,606 $ 66,329
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 3,316
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 1,260
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $ 61,753
Less Assessor Valuation Fund 2.00% 1,235
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $ 60,518
4/5, 4/12