TOWN OF BRAMWELL, MERCER COUNTY, WEST VIRGINIA
In accordance with Code 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:
REVENUE SOURCE
Unassigned Fund Balance $ 11,366
Property Taxes – Current Expense 25,375
Gas & Oil Severance Tax 500
Excise Tax on Utilities 15,000
Business & Occupation Tax 37,750
Fines, Fees & Court Costs 3,000
Licenses 300
Franchise Fees 3,500
IRP Fees (Interstate Registration Plan) 6,500
Municipal Service Fees 1,600
Rents, Royalties & Concessions 160
Gaming Income 17,000
Sale of Fixed Assets 10,000
Video Lottery (LVL) 1,500
TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 136,033
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ 50
Coal Severance Tax 450
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 500
General Coal Severance Fund Fund
ESTIMATED CURRENT EXENDITURES
Mayor’s Office $ 1,200
City Council 3,000
Recorder’s Office 600
Treasurer’s Office 600
City Clerk’s Office 20,000
Police Judge’s Office 600
City Attorney 12,000
Acquisition of Property 1,500
Printing 500
Regional Development Authority 300
City Hall 12,500
Internal Audit 2,000
Electrical Service 33,000
Police Department 31,709 $ 500
Snow Removal 774
Street Cleaning 500
Parks & Recreation 1,250
Visitors Bureau 12,500
TOTAL ESTIMATED EXPENDITURES $ 136,033 $ 500
LEVY PAGE – FISCAL YER 2019-2020
REGULAR CURRENT EXPENSE LEVY
Entry: Town of Bramwell, WV
Certificate of Valuation Levy Taxes
Assessed Value of Tax Rate $100 Levied
CLASS I
Personal Property $ 0 12.50 0
Public Utility 0 0
Total Class I 0 0
CLASS II
Real Estate $ 3,791,400 25.00 9,479
Personal Property 0 0
Total Class II 3,791,400 9,479
CLASS IV
Real Estate $ 1,269,890 50.00 6,349
Personal Property 407,931 2,040
Public Utility 1,919,313 9,924
Total Class IV 3,662,708 18,313
TOTAL VALUE &
PROJECTED REVENUE $ 7,454,108 27,792
Less Delinquencies, Exonerations, & Uncollectable Taxes: 5.00% 1,390
Less Tax Discounts 2.00% 528
Total projected Property Tax Collection 25,974
Less Assessor Valuation Fund 2.00% 517
Net Amount to be Raised by Ley of Property Taxes $ 25,357
STATE OF WEST VIRGINIA
COUNTY OF MERCER
MUNICIPALITY OF BRAMWELL
I, Lara Sitler, Recording Officer of said municipality, do hereby certify the foregoing are true copies from the record of the orders made and entered by the said municipality on the 27th day of March, 2020.
Lara Sitler, Recording Officer
ID: 385532