FISCAL YEAR JULY 1, 2026 – JUNE 30, 2027
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF BEVERLY, 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 25,000
Property Taxes – Current Expense 65,662
Gas & Oil Severance Tax 1,076
Excise Tax on Utilities 2,500
Animal Control Tax 37
Hotel Occupancy Tax 961
Fines, Fees & Court Costs 2,500
Licenses 2,500
Building Permit Fees 1,246
Miscellaneous Permits 20
Franchise Fees 10,000
IRP Fees (Interstate Registration Plan) 9,554
Collection of Delinquent Accounts 5,000
Rents, Royalties, and Concessions 7,200
Payroll Reimbursements 7,500
Gaming Income 6,879
Interest Earned on Investments 183
Video Lottery (LVL) 1,605
Miscellaneous Revenues (provide
details on ‘Explanations’ tab) 1,454
TOTAL ESTIMATED REVENUE (GENERAL FUND) $150,877
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $2,116
Coal Severance Tax
Interest Earned on Investment 611
Reimbursements
Refunds
2,727
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND)
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 1,200 –
City Council 10,000 –
Recorder’s Office 2,000 –
City Clerk’s Office 16,809 –
City Attorney 3,186 –
City Auditor 8,000 –
Enforcement Agency 9,400 –
Rehabilitation of Property 1,000 –
Custodial 3,600 –
Regional Development Authority 1,000 –
Building Inspection 1,911 –
Planning & Zoning 250 –
City Hall 39,796 –
Contributions / Transfers to Other Funds 4,217 –
Public Grounds 7,643 –
Contingencies 13,283 –
Street Lights 5,000 –
Signs and Signals 1,000
Snow Removal 1,000 –
Street Cleaning 1,000
Sidewalks 1,000 –
Storm Sewer 1,000 –
Parks & Recreation 1,000 –
Visitors Bureau 1,000 –
Fair Associations/Festivals 6,000 –
Historical Commission 500 –
Beautification Programs 8,445 – –
Capital Projects – General Government 637 –
TOTAL ESTIMATED EXPENDITURES $150,877 $2,727
MUNICIPALITY OF BEVERLY, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2026 – JUNE 30, 2027
Certificate of Valuation
Assessed Value Levy Taxes
for Tax Purposes Rate/$100 Levied
CLASS I
Personal Property $0 9.33 $0
Public Utility 0 0
Total Class I $0 $0
CLASS II
Real Estate $9,882,990 18.66 $18,442
Personal Property 61,080 114
Total Class II $9,944,070 $18,556
CLASS IV
Real Estate $6,064,910 37.32 $22,634
Personal Property 7,374,114 27,520
Public Utility 872,742 3,257
Total Class IV $14,311,766 $53,411
Total Value & Projected Revenue $24,255,836 $71,967
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 3,598
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 1,367
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $67,002
Less Assessor Valuation Fund 2.00% 1,340
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $65,662
STATE OF WEST VIRGINIA
COUNTY OF Randolph
MUNICIPALITY OF BEVERLY
I, Sheila Scott Strahin, 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 9th day of March, 2026.
Sheila Scott Strahin
Recorder
Elkins- March 13 & 20, 2026 (Official Title of Recording Officer)