FISCAL YEAR JULY 1, 2020- JUNE 30, 2021
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF BETHLEHEM,
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 324,659
Property Taxes – Excess Levy 123,171
Gas & Oil Severance Tax 9,000
Excise Tax on Utilities 141,000
Business and Occupation Tax 350,000
Wine and Liquor Tax 200
Fines, Fees and Court Costs 80,000
Licenses 4,000
Building Permit Fees 5,000
Franchise Fees 70,000
IRP Fees (Interstate Registration Plan) 95,000
Rents, Royalties, and Concessions 22,000
Transfers from Rainy Day Fund 182,595
Gaming Income 22,000
Interest Earned on Investments 500
Refunds 400
Insurance Claims 1,000
Video Lottery (LVL) 32,000
Miscellaneous Revenues 6,000
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $1,918,525
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $3,695
Coal Severance Tax 10,000
Interest Earned on Investment 10
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $13,705
ESTIMATED CURRENT EXPENDITURES
General Fund Coal Severance Fund
Mayor’s Office 9,755 –
City Council 12,935 –
Recorder’s Office 10,135 150
Treasurer’s Office 200 –
City Clerk’s Office 135,695 1,600
Police Judge’s Office 2,400 –
City Attorney 43,800 –
Regional Development Authority 1,050 –
Building Inspection 333 –
City Hall 27,848 –
Contingencies 5,000 –
Police Department 478,437 –
Fire Department 32,125 –
Streets and Highways 292,705 11,955
Street Lights 30,000 –
Public Transit 123,171 –
Parks & Recreation 14,400 –
Capital Projects – General Government 5,500 –
Capital Projects – Public Safety 40,000 –
Capital Projects – Streets
and Transportation 653,036 –
TOTAL ESTIMATED EXPENDITURES $1,918,525 $13,705
MUNICIPALITY Of BETHLEHEM, WEST VIRGINIA
REGULAR CURRENT EXPENSE LEVY
FISCAL YEAR JULY 1, 2020 – JUNE 30, 2021
Certificate of Valuation Levy Taxes
Assessed Value Rate/$100 Levied for Tax Purposes
Class I
Personal Property 0 10.92 0
Public Utility 0 0
Total Class I 0 0
Class II
Real Estate $90,226,500 21.84 $197,055
Personal Property 0 0
Total Class II $90,226,500 $197,055
Class IV
Real Estate $13,603,280 43.68 $59,419
Personal Property 15,493,624 67,676
Public Utility 4,768,864 20,830
Total Class IV $33,865,768 $147,925
TOTAL VALUE AND
PROJECTED REVENUE $124,092,268 $344,980
Less Delinquencies, Exonerations,
& Uncollectable Taxes 3.00% 10,349
Less Tax Discounts (Use Total
Projected Revenue to calculate) 1.00% 3,346
Less Allowance for Tax Increment
Financing (if Applicable) 0
TOTAL PROJECTED PROPERTY
TAX COLLECTION $331,285
Less Assessor Valuation Fund 2.00% 6,626
(Subtracted from regular current
expense taxes levied only)
Net Amount to be Raised by
Levy of Property Taxes $ 324,659
MUNICIPALITY OF BETHLEHEM, WEST VIRGINIA
OVRTA
FISCAL YEAR JULY 1, 2020 – JUNE 30, 2021
Certificate of Valuation Levy Taxes
Assessed Value Rate/$100 Levied
for Tax Purposes
Class I
Personal Property 0 4.06 0
Public Utility 0 0
Total Class I 0 0
Class II
Real Estate $90,226,500 8.12 $73,264
Personal Property 0
Total Class II $90,226,500 $73,264
Class IV
Real Estate $13,603,280 16.24 $22,092
Personal Property 15,493,624 25,162
Public Utility 4,768,864 7,745
Total Class IV $33,865,768 $54,999
TOTAL VALUE AND
PROJECTED REVENUE $124,092,268 $128,263
Less Delinquencies, Exonerations,
& Uncollectable Taxes 3.00% 3,848
Less Tax Discounts 1.00% 1,244
(use Total Projected Revenue to calculate)
Net Amount to be Raised by Levy
For Budget Purposes: $123,171
STATE OF WEST VIRGINIA, COUNTY OF – OHIO
MUNICIPALITY OF – BETHLEHEM
I, Matthew Saseen, 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 9th day of March, 2020.
Matt Saseen
Recorder
Int., March 26. April 2, 2020
N.R., March 26. April 2, 2020