Ohio

Public Notice

FISCAL YEAR JULY 1, 2015- JUNE 30, 2016
LEVY ESTIMATE – BUDGET DOCUMENT

STATE OF WEST VIRGINIA
MUNICIPALITY OF Triadelphia, 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 $ 20,000
Property Taxes – Current Expense 83,914
Gas & Oil Severance Tax 2,000
Excise Tax on Utilities 40,000
Business and Occupation Tax 100,000
Animal Control Tax 200
Fines, Fees and Court Costs 5,000
Licenses 4,000
Building Permit Fees 2,000
Franchise Fees 25,000
IRP Fees (Interstate Registration Plan) 15,000
Rents, Royalties, and Concessions 4,000
Fire Protection Fees 3,000
Transfers from Rainy Day Fund 53,639
Gaming Income 18,000
Interest Earned on Investments 50
Video Lottery (LVL) 10,000
Miscellaneous Revenue 4,000
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $ 389,803

COAL SEVERANCE TAX FUND

REVENUE SOURCE
Assigned Fund Balance $ 8,700
Coal Severance Tax 4,100
Interest Earned on Investments 10
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $ 12,810

General Coal Severance
ESTIMATED CURRENT Fund Fund
EXPENDITURES

Mayor’s Office $ 3,365
City Council 4,525
Recorder’s Office 3,691
Treasurer’s Office 1,938
City Clerk’s Office 54,352 1,350
Police Judge’s Office 600
City Attorney 11,000
Regional Development Authority 400
City Hall 76,468
Police Department 97,272
Fire Department 1,300
Streets & Highways 112,052
Street Lights 13,000
Capital Projects –
Public Safety 2,000
Capital Projects –
Street and Transportation 6,840 11,460
Capital Projects –
Culture and Recreation 1,000

TOTAL ESTIMATED
EXPENDITURES $389,803 $12,810

MUNICIPALITY OF Triadelphia, WEST VIRGINIA
REGULAR CURRENT EXPENSE LEVY
FISCAL YEAR JULY 1, 2015 – JUNE 30, 2016

Certificate of Valuation
Assessed Value for Levy Rate/ Taxes
Tax Purposes $100 Levied
Class I
Personal Property 0 12.50 0
Public Utility 0 0
Total Class I 0 0

Class II
Real Estate $5,298,830 25.00 $13,247
Personal Property 136,872 342
Total Class II $5,435,702 $13,589

Class IV
Real Estate $7,553,200 50.000 $37,766
Personal Property 5,850,652 29,253
Public Utility 2,273,094 11,365
Total Class IV $15,676,946 $78,384
TOTAL VALUE &
PROJECTED REVENUE $21,112,648 $91,973

Less Delinquencies,
Exonerations, &
Uncollectable Taxes 5.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 4,599
Less Tax Discounts
(use Total Project
Revenue to calculate) 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 1,747
Less Allowance for Tax
Increment Financing if Applicable 0

Total Projected Property
Tax Collection $85,627
Less Assessor Valuation Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 1,819
(Subtracted from regular
current expense taxes
levied only)

Net Amount to be Raised by
Levy of Property Taxes
$ 83,914

State Of West Virginia
County Of Ohio
Municipality Of Triadelphia

I, Neal Carr, 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 18th day March, 2015.

Neal Carr
Acting Recorder
Int., Mar. 27, 2015
Int. Apr. 3, 2015
N.R. Mar. 27, 2015
N.R. Apr. 3, 2015

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