FISCAL YEAR JULY 1, 2026 – JUNE 30, 2027
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF NEW CUMBERLAND
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
Nonspendable Fund Balance $ –
Restricted Fund Balance –
Committed Fund Balance –
Assigned Fund Balance 134,064
Unassigned Fund Balance 350,000
Property Taxes-Current Expense 84,187
Gas & Oil Severance Tax 3,000
Excise Tax on Utilities 50,200
Business and Occupation Tax 124,000
Wine & Liquor Tax 10,000
Sales Tax 150,000
Fines, Fees & Court Costs 4,000
Licenses 4,000
Building Permit Fees 1,000
Franchise Fees 27,000
IRP Fees (Interstate Registration Plan) 22,000
Private Liquor Club Fee 20,000
Rents, Royalties and Concessions 1,000
Gaming Income 14,170
Refunds 100
Filing Fees 1,000
Accident Reports 100
Video Lottery 309,290
Miscellaneous Revenues 5,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 1,313,111
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance 6,000
Coal Severance Tax 3,000
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $9,000
REVENUE SOURCE
Assigned Fund Balance (Coal Fund Only)
CoaL Severalce Tax
TOTAL ESTIMATED REVENUE (COAL
SEVERANCE FUND) General Coal Severence
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 5,168 –
City Council 15,608 –
City Clerk’s Office 83,643 –
Police Judge’s Office 4,O89 –
Regional Development Authority 275
Elections 3,500
City Hall 294,O25
Contribution/Transfers to Other Funds 130,000
Police Department 197,271 –
Fire Hydrants 30,000 –
Streets and Highways 284,393 9,000
Street Lights 35,000
Snow Removal 10,000 –
Central Garage 15,000 –
Storm Sewer 61,739 –
Parks & Recreation 15,337 –
Capital Projects-General Government 134,063 –
TOTAL ESTIMATED EXPENDITURES $1,313,111 9,000
MUNICIPALITY OF NEW CUMBERLAND, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2026 – JUNE 30, 2027
Certification of Valuation Levy Taxes
Assessed Value for Rate/$100 Levied
Tax Purposes
CLASS I
Personal Property 0 12.50 0
Public Utility 0 0
Total Class I 0 0
CLASS II
Real Estate $0 25.00 $0
Personal Property 0 0
Total Class II $0 $0
CLASS IV
Real Estate $8,600,180 50.00 $43,001
Personal Property 5,532,371 27,662
Public Utility 4,231,630 21,158
Total Class IV $18,364,181 $91,821
Total Value & Projected
Revenue $18,364,181 $91,821
Less Delinquiencies, Exonerations
& Uncollectable Taxes 5.50% 5,050
Less Tax Discounts (use Total Projected
Revenue to calculate) 1.50% 1,302
Less Allowance for Tax Increment
Financing (if Applicable) 0
Total Projected Property
Tax Collection $85,469
Less Assessor Valuation Fund 1.50% 1,282
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy
of Property Taxes $84,187
MUNICIPALITY OF NEW CUMBERLAND, WEST VIRGINIA
Park Board
FISCAL YEAR JULY 1, 2026- JUNE 30, 2027
Certification of Valuation Levy Taxes
Assessed Value for Rate/$100 Levied
Tax Purposes
CLASS I
Personal Property $0 6.25 $0
Public Utility 0 0
Total Class I $0 $0
CLASS II Real Estate $0 12.50 $0
Personal Property 0 0
Total Class II $0 $0
CLASS IV
Real Estate $8,600,180 25.00 $21,500
Personal Property 5,532,371 13,831
Public Utility 4,231,630 10,579
Total Class IV $18,364,181 $45,910
Total Value & Projected Revenue $18,364181 $45,910
Less Delinquencies, Exonerations &
Uncollectable Taxes 5.50% 2,525
Less Tax Discounts
(use Total Revenue to calculate) 1.50% 651
Net Amount to be Raised by Levy for Budget Purposes $42,734
STATE OF WEST VIRGINIA,
COUNTY OF Hancock,
MUNICIPALITY OF NEW CUMBERLAND.
I, Tamera M. Jenkins, 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 26th day of March, 2026
Tamera M. Jenkins
City Clerk
WDT April 10 & 17, 2026