FISCAL YEAR JULY 1, 2026 – JUNE 30, 2027
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF CHESTER, 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 450,000
Property Taxes-Current Expense 248,048
Gas & Oil Severance Tax 7,000
Excise Tax on Utilities 95,000
Business and Occupation Tax 350,000
Wine & Liquor Tax 37,000
Sales Tax 360,000
Licenses 10,000
Building Permit Fees 800
Franchise Fees 30,000
IRP Fees (Interstate Registration Plan) 10,000
Private Liquor Club Fee 10,000
Municipal Service Fees 146,000
Contributions from other Funds 10,000
Gaming Income 25,000
Interest Earned on Investments 250
Reimbursements 10,000
Refunds 2,500
Accident Reports 500
Video Lottery 233,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 2,035,098
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance 1,000
Coal Severance Tax 5,000
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $6,000
General Coal
Fund Severance
Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 6,600 –
City Council 28,000 –
City Clerk’s Office 166,440 –
Police Judge’s Office 26,645 –
City Attorney 20,000 –
Rehabilitation of Property 100,000 –
Custodial 76,600 –
Regional Development 4,000
Elections 1,000 –
City Hall 364,350 –
Contingencies 13,413 –
Police Department 791,275 –
Police-Special Duty 8,275 –
Fire Department 41,500 –
Streets and Highways 388,000 –
Parks & Recreation – 3,000
Library – 3,000
–
TOTAL ESTIMATED
EXPENDITURES $ 2,035,09 6,000
MUNICIPALITY OF CHESTER, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2026 – JUNE 30, 2027
Certification of Valuation
Assessed Value for Levy Taxes
Tax Purposes Rate/$100 Levied
CLASS I
Personal Property 0 12.50 0
Public Utility 0 0
Total Class I 0 0
CLASS II
Real Estate 28,419,170 25.00 $71,048 Personal Property 0 0
Total Class II 28,419,170 $71,048
CLASS IV
Real Estate 21,569,520 50.00 $107,848 Personal Property 12,440,075 62,200
Public Utility 6,154,806 30,774
Total Class IV 40,164,401 200,822
Total Value & Projected Revenue $ 68,583,571 $271,870
Less Delinquencies, Exonerations &
Uncollectable Taxes 5.00% 13,594
Less Tax Discounts (use Total Projected
Revenue to calculate) 2.00% 5,166
Less Allowance for Tax Increment
Financing (if Applicable) 0
Total Projected Property
Tax Collection $253,110
Less Assessor Valuation Fund 2.00% 5,062
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy
of Property Taxes $248,048
STATE OF WEST VIRGINIA,
COUNTY OF Hancock,
MUNICIPALITY OF CHESTER.
I, Tara Ayers, 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 27th day of March, 2025
Tara Ayers
City Clerk
WDT – March 20 & 27, 2026