FISCAL YEAR JULY 1, 2020 – JUNE 30, 2021
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF ELKINS, 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
Committed Fund Balance 179,277
Property Taxes – Current Expense 1,034,771
Prior Year Taxes 1,000
Supplemental Taxes 1,000
Tax Penalties, Interest & Publication Fees 750
Gas & Oil Severance Tax 16,000
Excise Tax on Utilities 415,000
Business and Occupation Tax 1,303,000
Wine & Liquor Tax 115,000
Animal Control Tax 1,700
Hotel Occupancy Tax 190,500
Sales Tax 1,000,000
Fines, Fees & Court Costs 73,600
Parking Violations 7,100
Regional Jail Operations Partial Reimbursement 900
Licenses 26,000
Building Permit Fees 27,000
Miscellaneous Permits 200
Franchise Fees 90,000
IRP Fees (Interstate Registration Plan) 70,000
Municipal Service Fees 1,900
Parking Meter Revenues 500
Off Street Parking 10,000
Rents, Royalties, and Concessions 31,500
Refuse Collection 6,000
Fire Protection Fees 845,000
Charges for Services 35,160
Charges to Other Funds 5,956
Payment in Lieu of Taxes 14,000
Gaming Income 11,000
Interest Earned on Investments 1,500
Reimbursements 8,000
Refunds 7,000
Filing Fees 300
Accident Reports 1,500
Recycling Program 4,000
Video Lottery (LVL) 20,000
Miscellaneous Revenues 9,000
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $5,565,114
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $113,022
Coal Severance Tax 18,000
Interest Earned on Investment 100
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $131,122
General Coal
Fund Severance
Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 23,406 –
City Council 89,780 –
Treasurer’s Office 146,170 –
City Clerk’s Office 132,276 –
Police Judge’s Office 158,250 –
Main Street Program 20,000 –
Contributions to Comms/Authorities 44,700 –
Clearance 50,000 –
Custodial 131,900 –
Regional Development Authority 8,158 –
Building Inspection 78,731 –
Planning & Zoning 500 –
Elections 11,660 –
City Hall 517,570 131,122
Public Works Department 78,150 –
Parking 1,000 –
Police Department 1,281,307 –
Police-Special Duty 62,870 –
Fire Department 845,000 –
Dog Warden/Humane Society 7,200 –
Streets and Highways 950,796 –
Signs and Signals 24,500 –
Snow Removal 20,000 –
Central Garage 150,894 –
Airports 19,000 –
Public Transit 14,000 –
Garbage Department 6,000 –
Recycling Center 2,000 –
Local Health Department 4,000 –
Parks & Recreation 305,796 –
Visitors Bureau 95,250 –
Civic Center – Municipal Auditorium 142,650 –
Historical Commission 4,000 –
Civic Promotions 7,000 –
Library 22,500 –
Beautification Programs 83,100 –
Grants – Social Services 25,000 –
TOTAL ESTIMATED EXPENDITURES $5,565,114 $131,122
MUNICIPALITY OF ELKINS, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2020 – JUNE 30, 2021
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 $113,977,860 25.00 $284,945
Personal Property 352,410 881
Total Class II $114,330,270 $285,826
CLASS IV
Real Estate $98,900,980 50.00 $494,505
Personal Property 52,245,270 261,226
Public Utility 18,517,563 92,588
Total Class IV $169,663,813 $848,319
Total Value & Projected
Revenue $283,994,083 $1,134,145
Less Delinquencies, Exonerations &
Uncollectable Taxes 5.00% 56,707
Less Tax Discounts (use Total Projected
Revenue to calculate) 2.00% 21,549
Total Projected Property Tax Collection $1,055,889
Less Assessor Valuation Fund 2.00% 21,118
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $1,034,771
STATE OF WEST VIRGINIA
COUNTY OF RANDOLPH
MUNICIPALITY OF ELKINS
I, Jessica Sutton, 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, 2020.
Jessica R. Sutton
City Clerk
3-28, 4-4