FISCAL YEAR JULY 1, 2026 – JUNE 30, 2027
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF TOWN OF HARMAN, 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
Fund Severance
REVENUE SOURCE
Assigned Fund Balance 1,431 1,431 171
Property Taxes – Current Expense 15,811
Tax Loss Restoration 1,030
Gas & Oil Severance Tax 625
Excise Tax on Utilities 2,100
Wine, Liquor and Private Club Tax 4,000
Licenses 200
IRP Fees (Interstate Registration Plan) 8,500
Gaming Income 7,400
Video Lottery (LVL) 480
Coal Severance Tax 325
TOTAL ESTIMATED REVENUE 41,577 496
ESTIMATED CURRENT EXPENDITURES
Regional Development Authority 109
City Hall 18,500 1,787
Contributions/Transfers to Other Funds 25,270
TOTAL ESTIMATED EXPENDITURES 43,879 1,787
MUNICIPALITY OF TOWN OF HARMAN, 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 12.50 0
Public Utility 0 0
TOTAL CLASS I 0 0
CLASS II
Real Estate 1,580,100 25.00 3,950
Personal Property 79,668 199
TOTAL CLASS II 1,659,768 4,149
CLASS IV
Real Estate 1,464,730 50.00 7,324
Personal Property 877,445 4,387
Public Utility 294,049 1,470
TOTAL CLASS IV 2,636,224 13,181
TOTAL VALUE & PROJECTED REVENUE 4,295,992 17,330
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 867
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 329
Less Allowance for Tax Increment Financing (if Applicable) 0
TOTAL PROJECTED PROPERTY TAX COLLECTION 16,134
Less Assessor Valuation Fund 2.00% 323
(Subtracted from regular current expense taxes levied only)
NET AMOUNT TO BE RAISED BY LEVY PROPERTY TAXES 15,811
STATE OF WEST VIRGINIA
COUNTY OF RANDOLPH
MUNICIPALITY OF HARMAN
I, Patty Teter, 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 24th day of March, 2026.
Elk-March 30 & Apr 6, 2026