FISCAL YEAR JULY 1, 2025 – JUNE 30, 2026
LEVY ESTIMATE –
BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF TOWN OF WOMELSDORFF (COALTON), 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:
General Coal Severence Fund Fund
REVENUE SOURCE
Assigned Fund Balance 16,600 966 16,600 966
Coal Severance Tax 815 815
Property Taxes – Current Expense 16,976 16,976
Gas & Oil Severance Tax 1,932 1,932
Excise Tax on Utilities 2,049 2,049
Building Permit Fees 32 32
IRP Fees (Interstate Registration Plan) 11,626 11,626
Rents 100 100
Gaming Income 11,259 11,259
Video Lottery (LVL) 985 _ 985__
TOTAL ESTIMATED REVENUE 61,559 1,781 61,559 1,781
ESTIMATED CURRENT EXPENDITURES
Regional Development Authority 217
City Hall 20,742 1,781
Street Lights 1,000
Contributions/Transfers to Other Funds 23,000
Capital Projects – General Government 16,600 _____
TOTAL ESTIMATED EXPENDITURES 61,559 1,781
MUNICIPALITY OF TOWN OF WOLMELSDORFF (COALTON), WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2025 – JUNE 30, 2026
Certificate
Of Valuation
Assessed Value Levy Taxes
for Tax Purposes Rate/$100 Levied
CLASS I
Personal Property 0 12.50 0 0 12.50 0
Public Utility 0 0 0 0
TOTAL CLASS I 0 0 0
CLASS II
Real Estate 3,145,900 25.00 7,865 3,145,900 25.00 7,865
Personal Property 96,108 240 96,108 240
TOTAL CLASS II 3,242,008 8,105 3,242,008 8,105
CLASS IV
Real Estate 982,980 50.00 4,915 982,980 50.00 4,915
Personal Property 788,802 3,944 788,802 3,944
Public Utility 328,354 1,642 328,354 1,642
TOTAL CLASS IV 2,100,136 10,501 2,100,136 10,501
TOTAL VALUE &
PROJECTED REVENUE 5,342,144 18,606 5,342,144 18,606
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 930 5.00% 930
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 354 2.00% 354
Less Allowance for Tax Increment Financing (if Applicable) 0 0
TOTAL PROJECTED PROPERTY TAX COLLECTION 17,322 17,322
Less Assessor Valuation Fund 2.00% 346 2.00% 346
(Subtracted from regular current expense taxes levied only)
NET AMOUNT TO BE RAISED BY LEVY PROPERTY TAXES 16,976 16,976
STATE OF WEST VIRGINIA
COUNTY OF RANDOLPH
MUNICIPALITY OF WOMELSDORFF (COALTON)
I, Carol Silvester, 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 11th day of March, 2025.
Elk-3-7-2025