FISCAL YEAR JULY 1, 2021- JUNE 30, 2022
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 $400,000
Property Taxes – Current Expense 343,776
Property Taxes – Excess Levy 126,710
Gas & Oil Severance Tax 9,000
Excise Tax on Utilities 125,000
Business and Occupation Tax 350,000
Wine and Liquor Tax 200
Fines, Fees and Court Costs 60,000
Licenses 4,000
Building Permit Fees 5,000
Franchise Fees 70,000
IRP Fees (Interstate Registration Plan) 90,000
Rents, Royalties, and Concessions 22,000
Transfers from Rainy Day Fund 184,693
Gaming Income 22,000
Interest Earned on Investments 500
Refunds 400
Insurance Claims 1,000
Video Lottery (LVL) 35,000
Miscellaneous Revenues 6,000
TOTAL ESTIMATED REVENUE
(GENERAL FUND) $1,855,279
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $7,300
Coal Severance Tax 10,000
Interest Earned on Investment 10
TOTAL ESTIMATED REVENUE
(COAL SEVERANCE FUND) $17,310
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 143,486 1,600
Police Judge’s Office 4,800 –
City Attorney 46,800 –
Regional Development Authority 1,050 –
Building Inspection 333 –
City Hall 27,932 –
Contingencies 5,000 –
Police Department 486,579 –
Fire Department 32,125 –
Streets and Highways 330,158 15,560
Street Lights 30,000 –
Public Transit 126,710 –
Parks & Recreation 14,400 –
Capital Projects – General Government 5,500 –
Capital Projects – Public Safety 40,000 –
Capital Projects – Streets
and Transportation 527,381 –
TOTAL ESTIMATED EXPENDITURES $1,855,279 $17,310
MUNICIPALITY Of BETHLEHEM, WEST VIRGINIA
REGULAR CURRENT EXPENSE LEVY
FISCAL YEAR JULY 1, 2021 – JUNE 30, 2022
Certificate of Valuation Levy Taxes
Assessed Value Rate/$100 Levied for Tax Purposes
Class I
Personal Property 0 11.24 0
Public Utility 0 0
Total Class I 0 0
Class II
Real Estate $91,915,060 22.48 $206,625
Personal Property 0 0
Total Class II $91,915,060 $206,625
Class IV
Real Estate $13,590,240 44.96 $61,102
Personal Property 17,322,226 77,881
Public Utility 4,378,571 19,686
Total Class IV $35,291,037 $158,669
TOTAL VALUE AND
PROJECTED REVENUE $127,206,097 $365,294
Less Delinquencies, Exonerations,
& Uncollectable Taxes 3.00% 10,959
Less Tax Discounts (Use Total
Projected Revenue to calculate) 1.00% 3,543
Less Allowance for Tax Increment
Financing (if Applicable) 0
TOTAL PROJECTED PROPERTY
TAX COLLECTION $350,792
Less Assessor Valuation Fund 2.00% 7,016
(Subtracted from regular current
expense taxes levied only)
Net Amount to be Raised by
Levy of Property Taxes $ 343,776
MUNICIPALITY OF BETHLEHEM, WEST VIRGINIA
OVRTA
FISCAL YEAR JULY 1, 2021 – JUNE 30, 2022
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 $91,915,060 8.12 $74,635
Personal Property 0
Total Class II $91,915,060 $74,635
Class IV
Real Estate $13,590,240 16.24 $22,071
Personal Property 17,322,226 28,131
Public Utility 4,378,571 7,111
Total Class IV $35,291,037 $57,313
TOTAL VALUE AND
PROJECTED REVENUE $127,206,097 $131,948
Less Delinquencies, Exonerations,
& Uncollectable Taxes 3.00% 3,958
Less Tax Discounts 1.00% 1,280
(use Total Projected Revenue to calculate)
Net Amount to be Raised by Levy
For Budget Purposes: $126,710
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 8th day of March, 2021.
Matt Saseen
Recorder
Int., April 2, 9, 2021
N.R., April 2, 9, 2021