FISCAL YEAR JULY 1, 2026 – JUNE 30, 2027
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF PADEN CITY
In accordance with Code § 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 200,000
Property Taxes – Current Expense 244,943
Gas & Oil Severance Tax 6,000
Excise Tax on Utilities 180,000
Wine & Liquor Tax 100
Animal Control Tax 200
Sales Tax 100,000
Fines, Fees & Court Costs 5,000
Licenses 2,500
Building Permit Fees 100
Miscellaneous Permits 50
Franchise Fees 6,000
IRP Fees (Interstate Registration Plan) 40,000
Municipal Service Fees 230,000
Rents, Royalties and Concessions 5,000
Street Fees 28,000
Charges to Other Entities 15,000
Gaming Income 8,000
Interest Earned on Investments 2,000
Filing Fees 50
Accident Reports 100
Video Lottery (LVL) 12,000
Miscellaneous Revenues (provide details on
‘Explanations’ tab) 5,000
TOTAL ESTIMATED
REVENUE (GENERAL FUND) $1,090,043
COAL SEVERANCE TAX FUND $1,500
REVENUE SOURCE
Assigned Fund Balance (Coal Fund only)
Coal Severance Tax 8,000
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $9,500
General Fund Coal Severance Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 4,800 –
City Council 8,400 –
Recorder’s Office 68,800 –
Police Judge’s Office 1,500 –
City Attorney 1,200 –
City Auditor 10,000 –
Regional Development Authority 2,000 –
Elections 5,000 –
City Hall 236,000 –
Police Department 372,650 –
Fire Department 47,843 –
Streets and Highways 205,300 1,000
Street Lights 51,600 –
Garbage Department 17,450 –
Parks & Recreation 45,500 4,500
Fair Associations/Festivals 3,500 –
Library 7,000 4,000
Aging Program (Senior Citizens) 1,500 –
TOTAL ESTIMATED EXPENDITURES $1,090,043 $9,500
MUNICIPALITY OF PADEN CITY
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2026 – JUNE 30, 2027
Certificate of Valuation Levy Rate/$100 Taxes Levied
Assessed Value
for Tax Purposes
CLASS I
Personal Property 0 12.50 0
Public Utility 0 0
Total Class I 0 0
CLASS II
Real Estate 42,966,810 25.00 107,417
Personal Property 32,214 81
Total Class II $42,999,024 $107,498
CLASS IV
Real Estate 13,348,470 50.00 66,742
Personal Property 11,604,462 58,022
Public Utility 7,153,139 35,766
Total Class IV 32,106,071 $160,530
Total Value & Projected
Revenue $75,105,095 $268,028
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 13,401
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 5,092
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $249,535
Less Assessor Valuation Fund
(Subtracted from regular current expense taxes levied only) 0.015 and 0.02 4,592
Net Amount to be Raised by Levy of Property Taxes $ 244,943
STATE OF WEST VIRGINIA
COUNTY OF Wetzel/Tyler
MUNICIPALITY OF PADEN CITY
I, Penny Baker, 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 16th day of March, 2026.
Penny Baker
Recorder
(Official Title of Recording Officer)
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