FISCAL YEAR JULY 1, 2021 – JUNE 30, 2022
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
Unassigned Fund Balance 458,086
Property Taxes – Current Expense 1,038,754
Prior Year Taxes 1,000
Supplemental Taxes 1,000
Tax Loss Restoration 1,000
Tax Penalties, Interest & Publication Fees 500
Gas & Oil Severance Tax 11,000
Excise Tax on Utilities 355,000
Business and Occupation Tax 1,267,000
Wine & Liquor Tax 102,000
Animal Control Tax 1,500
Hotel Occupancy Tax 141,000
Sales Tax 1,200,000
Fines, Fees & Court Costs 59,550
Parking Violations 5,100
Regional Jail Operations Partial Reimbursement 1,176
Licenses 26,500
Building Permit Fees 25,000
Miscellaneous Permits 200
Franchise Fees 85,000
IRP Fees (Interstate Registration Plan) 70,000
Municipal Service Fees 1,600
Parking Meter Revenues 100
Off Street Parking 9,600
Rents, Royalties, and Concessions 26,500
Refuse Collection 8,000
Fire Protection Fees 913,000
Charges to Other Funds 338,381
Payment in Lieu of Taxes 15,000
Gaming Income 7,000
Interest Earned on Investments 2,500
Reimbursements 10,000
Refunds 8,000
Accident Reports 2,000
Recycling Program 4,260
Video Lottery (LVL) 20,000
Miscellaneous Revenues 12,000
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $6,228,307
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $126,805
Coal Severance Tax 11,000
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $137,805
General Coal
Fund Severance
Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 67,469 –
City Council 86,620 –
Treasurer’s Office 294,950 –
City Clerk’s Office 164,498 –
Police Judge’s Office 148,311 –
Main Street Program 20,000 –
Contributions to Comms/Authorities 44,700 –
Clearance 50,000 –
Custodial 133,700 –
Regional Development Authority 8,158 –
Building Inspection 83,250 –
Planning & Zoning 500 –
City Hall 392,037 137,805
Contributions/Transfers to Other Funds 200,000
Public Works Department 192,250 –
Parking 500 –
Contingencies 125,000
Police Department 1,302,157 –
Police-Special Duty 68,600 –
Fire Department 913,000 –
Dog Warden/Humane Society 7,200 –
Flood Control/Soil Conservation 25,000
Streets and Highways 951,361 –
Signs and Signals 24,500 –
Snow Removal 25,000 –
Central Garage 159,000 –
Airports 19,000 –
Public Transit 14,000 –
Garbage Department 6,000 –
Recycling Center 1,750 –
Local Health Department 4,000 –
Parks & Recreation 305,796 –
Visitors Bureau 141,000 –
Civic Center – Municipal Auditorium 116,300 –
Historical Commission 4,000 –
Civic Promotions 7,000 –
Library 22,500 –
Beautification Programs 99,500 –
TOTAL ESTIMATED EXPENDITURES $6,228,307 $137,805
MUNICIPALITY OF ELKINS, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2021 – JUNE 30, 2022
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 $115,558,390 25.00 $288,896
Personal Property 297,942 745
Total Class II $115,856,332 $289,641
CLASS IV
Real Estate $102,919,580 50.00 $14,598
Personal Property 51,176,187 255,881
Public Utility 15,678,223 78,391
Total Class IV $169,773,990 $848,870
Total Value & Projected
Revenue $285,630,322 $1,138,511
Less Delinquencies, Exonerations &
Uncollectable Taxes 5.00% 56,926
Less Tax Discounts (use Total Projected
Revenue to calculate) 2.00% 21,632
Total Projected Property Tax Collection $1,059,954
Less Assessor Valuation Fund 2.00% 21,199
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $1,038,754
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 17th day of March, 2021.
Jessica R. Sutton
City Clerk
3-23, 3-30