FISCAL YEAR JULY 1, 2015- JUNE 30, 2016
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF West Liberty, 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 42,897
Property Taxes – Current
Expense 30,768
Gas & Oil Severance Tax 5,000
Excise Tax on Utilities 20,000
Fines, Fees & Court Costs 15,000
Parking Violations 500
IRP Fees (Interstate Registration
Plan) 6,000
Rents, Royalties and Concessions 26,000
Gaming Income 19,000 Interest Earned on Investments 120 Refunds 100 Recycling Program 100
Video Lottery (LVL) 17,500
Miscellaneous Revenue 700
TOTAL ESTIMATED
REVENUE (GENERAL
FUND) $183,685
COAL SEVERANCE
TAX FUND
REVENUE SOURCE
Assigned Fund Balance $15,500 Coal Severance Tax 5,500 Interest Earned on Investment 20
TOTAL ESTIMATED REVENUE (Coal Severance Fund) $21,020
Coal General Severance
ESTIMATED CURRENT Fund Fund
EXPENDITURES
Insurance Program (Self Insured) 12,000
Mayor’s Office 3,600
City Council 6.700
Recorder’s Office 1,320
Treasurer’s Office 4,500 City Clerk’s Office 4,500
Police Judge’s Office 1,200
City Attorney 4,300
Printing 700
Elections 2,000 Data Processing 360
City Hall 17,000 Other Buildings 1,000
Internal Audit 5,000 Other Buildings #2 6,000
Electrical Services 1,300 Public Grounds 4,500 Continegencies 2,000
Police Department 35,000 Fire Fee Distribution 300
Streets & Highways 40,000 3,000
Street Lights 6,000
Signs & Signals 3,000
Snow Removal 4,500
Sidewalks 14,000 3,000 Garbage Department 375 Recycling Center 1,200
Water & Sewer 520 Parks & Recreation 1,546 2,647
Fair Associations/Festivals 5,173
Playgrounds 4,000 Beautification Programs 2,000
TOTAL ESTIMATED
EXPENDITURES $183,685 21,020
MUNICIPALITY OF West Liberty, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2015 – JUNE 30, 2016
Certificate of Valuation Levy Taxes
for Tax Rate/$100 Levied
Purposes
Class I
Personal Property $ 0 11.50 0 Public Utility 0 0
Total Class I $ 0 0
Class II
Real Estate $3,910,350 23.00 $8,994
Personal Property 26,316 61
Total ClassII $3,936,666 $9,055
Class IV
Real Estate $3,066,880 46.00 $14,108
Personal Property 1,004,697 4,622
Public Utility 1,290,867 5,938
Total Class IV $5,362,444 $24,668
TOTAL VALUE &
PROJECTED
REVENUE $ 9,299,110 $33,723
Less Delinquencies,
Exonerations,
& Uncollectable Taxes 5.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 1,686
Less Tax Discounts
(use Total Projected Revenue
to calculate) 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 641 Less Allowance for Tax
Increment Financing
(if Applicable) 0 Total Projected Property
Tax Collection 31,396
Less Assessor Valuation
Fund 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 628
(Subtracted from regular
current expense taxes
levied only)
Net Amount to be Raised by
Levy of Property Taxes $30,768
STATE OF WEST VIRGINIA
COUNTY OF, OHIO
MUNICIPALITY OF, WEST LIBERTY
I, Heather Conway, 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
25th day March, 2014
Heather Conway
Official Title of Recording Officer
Int. April 22, 29, 2015
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