FISCAL YEAR JULY 1, 2019 – JUNE 30, 2020
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 43,394
Gas & Oil Severance Tax 1,000
Business & Occupation Tax 14,000
Animal Control Tax 70
Fines, Fees & Court Costs 100
Franchise Fees 12,000
IRP Fees (Interest Registration Plan) 2,000
Gaming Income 13,000
Interest Earned on Investments 51
Video Lottery (LVL) 5,000
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $ 130,615
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 12,000
Police Judge’s Office 900
City Attorney 15,000
Rehabilitation of Property 5,000
Regional Development Authority 500
City Hall 24,874
Police Department 22,000 1,700
Streets and Highways 22,885
Street Lights 6,000
Parks & Recreation 10,000
Playgrounds 7,000
TOTAL ESTIMATED EXPENDITURES $130,615 1,700
MUNICIPALITY OF CLEARVIEW, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2019-JUNE 30, 2020
Certificate of Valuation Levy Taxes
Assessed Value Rate/$100 Levied
for Tax Purposes
Class I
Personal Property 0 11.25 0
Public Utility 0 0
Total Class I 0 0
Class II
Real Estate 14,642,430 22.50 32,945
Personal Property 0 0
Total Class II 14,642,430 32,945
Class IV
Real Estate 1,048,050 45.00 4,716
Personal Property 1,903,438 8,565
Public Utility 296,969 1,336
Total Class IV 3,248,457 14,617
Total Value &
Projected Revenue $17,890,887 47,562
Less Delinquencies, Exonerations,
& Uncollectable Taxes: 5.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 2,378
Less Tax Discounts
(use Total Projected Revenue
to calculate) 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 904
Less Allowance for Tax
Increment Financing (if Applicable) 0
Total Projected Property
Tax Collection $44,280
Less Assessor Valuation Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 886
(Subtracted from regular
current expense taxes
levied only)
Net Amount to be Raised by
Levy of Property Taxes $43,394
MUNICIPALITY OF CLEARVIEW, WEST VIRGINIA
Excess Levy/Levies
FISCAL YEAR JULY 1, 2019-JUNE 30, 2020
Certificate
Assessed Value Levy Taxes
for Tax Purposes Rate/$100 Levied
Class I
Personal Property 0 0.00 0
Public Utility 0 0
Total Class I 0 0
Class II
Real Estate 14,642,430 0.00 0
Personal Property 0 0
Total Class II 14,642,430 0
Class IV
Real Estate 1,048,050 0.00 0
Personal Property 1,903,438 0
Public Utility 296,969 0
Total Class IV 3,248,457 0
Total Value &
Projected Revenue 17,890,887 0
Less Delinquencies, Exonerations
& Uncollectable Taxes 5.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 0
Less Tax Discounts (use Total
Projected Revenue to calculate) 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 0
Net Amount ot be Raised by Levy for Budget Purposes 0
MUNICIPALITY OF CLEARVIEW, WEST VIRGINIA
Excess or Bond Levy
FISCAL YEAR JULY 1, 2019-JUNE 30, 2020
Certificate Value
Assessed Value Levy Taxes
for Tax Purposes Rate/$100 Levied
Class I
Personal Property 0 0.00 0
Public Utility 0 0
Total Class I 0 0
Class II
Real Estate 14,642,430 0.00 0
Personal Property 0 0
Total Class II 14,642,430 0
Class IV
Real Estate 1,048,050 0.00 0
Personal Property 1,903,438 0
Public Utility 296,969 0
Total Class IV 3,248,457 0
Total Value &
Projected Revenue 17,890,887 0
Less Delinquencies, Exonerations
& Uncollectable Taxes 5.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 0
Less Tax Discounts (use Projected Revenue
to calculate) 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 0
Net Amount to be Raised by Leby for Budget Purposes 0
STATE OF WEST VIRGINIA
COUNTY OF – OHIO
MUNICIPALITY OF – CLEARVIEW
I, David McDonald, 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 27th day March, 2019.
DAVID MCDONALD
RECORDER
Int. April 3, 10, 2019
N.R. April 3, 10, 2019