FISCAL YEAR JULY 1, 2020 – JUNE 30, 2021
LEVY ESTIMATE – BUDGET
STATE OF WEST VIRGINIA
MUNICIPALITY OF WINDSOR HEIGHTS, 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 42,670
Property Taxes – Current Expense 13,529
Prior Year Taxes 1,000
Gas & Oil Severance Tax 800
Excise Tax on Utilities 10,000
Fines, Fees & Court Costs 500
Licenses 50
Building Permit Fees 250
Miscellaneous Permits 50
IRP Fees (Interstate Registration Plan) 2,750
Municipal Service Fees 18,000
Collection of Delinquent Accounts 2,000
Rents, Royalties, and Concessions 1,200
Gaming Income 11,000
Interest Earned on Investments 35
Video Lottery (LVL) 5,000
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $ 108,834
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ 4,888
Coal Severance Tax 1,000
Interest Earned on Investment 3
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $ 5,891
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 420 –
City Council 1,500 –
Recorder’s Office 1,500 –
City Attorney 3,500 –
Custodial 3,000 –
Regional Development Authority 105 –
Elections 2,000 –
City Hall 50,259 5,891
Internal Audit 3,000 –
Worthless Checks 50 –
Police Department 15,000 –
Streets and Highways 5,000 –
Street Lights 7,500 –
Signs and Signals 500 –
Snow Removal 1,500 –
Central Garage 10,000 –
Storm Sewer 2,000 –
Playgrounds 1,500 –
Beautification Programs 500 –
TOTAL ESTIMATED EXPENDITURES $ 108,834 5,891
Certificate of Valuation
Assessed Value Levy Taxes
for Tax Purposes Rate/$100 Levied
CLASS I
Personal Property $0 10.87 $0
Public Utility 0 0
Total Class I $0 $0
CLASS II
Real Estate $2,485,960 21.74 $5,404
Personal Property 0 0
Total Class II $2,485,960 $5,404
CLASS IV
Real Estate $407,940 43.84 $1,774
Personal Property 1,262,244 5,488
Public Utility 598,550 2,602
Total Class IV $2,268,734 $9,864
Total Value of Projected
Revenue $4,754,694 $15,268
Less Delinquencies, Exonerations &
Uncollectable Taxes 7.50% 1,145
Less Tax Discounts (use Total
Projected Revenue to calculate) 2.50% 353
Less Allowance for Tax Increment
Financing (if Applicable) 0
Total Projected Property Tax Collection $13,770
Less Assessor Valuation Fund 1.75% 241
(Subtracted from regular current expense
taxes levied only)
Net Amount ot be Raised by Levy Property Taxes $13,529
STATE OF WEST VIRGINIA
COUNTY OF Brooke County
MUNICIPALITY OF WINDSOR HEIGHTS
I, Barbara Miller, Recording Officer of said municipality, do hereby certify that the forgoing are true copies from the record of the orders made and entered by the council of the said municipality on the 20th day of March, 2020.
Barbara Miller
Village Recorder
Int. March 25, 2020
N.R. April 1, 2020