Legal 3 col x 18”
0413 0420
FISCAL YEAR JULY 1, 2024 – JUNE 30, 2025
LEVY ESTIMATE – BUDGET DOCUMENT
STATE OF WEST VIRGINIA
MUNICIPALITY OF WHITE SULPHUR SPRINGS, 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:
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 102,500
Property Taxes – Current Expense 269,337
Tax Loss Restoration 550
Gas & Oil Severance Tax 25,000
Excise Tax on Utilities 150,000
Business and Occupation Tax 275,000
Wine & Liquor Tax 160,000
Animal Control Tax 400
Hotel Occupancy Tax 35,000
Fines, Fees & Court Costs 40,575
Parking Violations 100
Licenses 12,500
Building Permit Fees 6,900
Franchise Fees 40,000
IRP Fees (Interstate Registration Plan) 40,000
Private Liquor Club Fee 7,500
Parks & Recreation 45,000
Municipal Service Fees 223,000
Rents, Royalties and Concessions 180,000
Refuse Collection 373,500
Police Protection Fees 113,000
Fire Protection Fees 137,700
Federal Government Grants 20,000
State Government Grants 20,000
Other Grants 20,000
Contributions from Other Entities 2,500
Contributions from other Funds 2,500
Federal Payment in Lieu of Taxes 1,200
Gaming Income 100,000
Interest Earned on Investments 50
Reimbursements 20,000 Insurance Claims 1,500
Accident Reports 17,350
Video Lottery (LVL) 3,000
Miscellaneous Revenues (provide details on ‘Explanations’ tab) 20,000
TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 2,465,662
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ 3,000
Coal Severance Tax 3,000
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 6,000
General Coal Severance
Fund Fund
ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 7,875 –
City Council 5,025 –
Recorder’s Office 3,450 –
City Clerk’s Office 30,750 –
Police Judge’s Office 23,150 –
City Attorney 42,750 –
City Auditor 19,500 –
Contributions to Comms/Authorities 5,000 –
Regional Development Authority 1,000 –
Planning & Zoning 28,650 –
Elections 20,550 –
Data Processing 2,900 –
City Hall 56,650 –
Police Department 734,137 –
Fire Department 162,650 –
Flood Control/Soil Conservation 2,750 –
Streets and Highways 308,300 –
Street Lights 65,000 –
Central Garage 122,100 –
Garbage Department 464,150 –
Parks & Recreation 224,400 –
Visitors Bureau 17,550 –
Swimming Pools 96,875 –
Library 12,000 3,000
Beautification Programs 8,500 1,500
Capital Projects – Culture and Recreation – 1,500
TOTAL ESTIMATED EXPENDITURES $ 2,465,662 $ 6,000
MUNICIPALITY OF WHITE SULPHUR SPRINGS, WEST VIRGINIA
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2024 – JUNE 30, 2025
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 $ 39,121,260 25.00 $ 97,803
Personal Property 26,994 67
Total Class II $ 39,148,254 $ 97,870
CLASS IV
Real Estate $ 34,740,170 50.00 $ 173,701
Personal Property 27,936,533 139,683
Public Utility 7,423,853 37,119
Total Class IV $ 70,100,556 $ 350,503
Total Value & Projected Revenue $ 109,248,810 $ 448,373
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 22,419
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 8,519
Less Allowance for Tax Increment Financing (if Applicable) 142,601
Total Projected Property Tax Collection $ 274,834
Less Assessor Valuation Fund 2.00% 5,497
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $ 269,337
MUNICIPALITY OF WHITE SULPHUR SPRINGS, WEST VIRGINIA
ALLOWANCE FOR TAX INCREMENT FINANCING
REGULAR CURRENT EXPENSE LEVY
2024 – 2025
Column C
Roll Beck Levy Taxes
Value Form Rate/$100 Levied
CLASS I
Personal Property $ 0 12.50 $ 0
Public Utility 0 0
Total Class I $ 0 $ 0
CLASS II
Real Estate $ 21,193,230 25.00 $ 52,983
Personal Property 0 0
Total Class II $ 21,193,230 $ 52,983
CLASS IV
Real Estate $ 19,709,700 50.00 $ 98,549
Personal Property 327,429 1,637
Public Utility 0 0
Total Class IV $ 20,037,129 $ 100,186
Total Value & Projected Revenue $ 41,230,359 (Gross) $ 153,169
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 7,658
Less Tax Discounts 2.00% 2,910
Allowance For Tax Increment Financing
(This amount carries to the worksheet above) $ 142,601
STATE OF WEST VIRGINIA
COUNTY OF Greenbrier
MUNICIPALITY OF WHITE SULPHUR SPRINGS
I, Mark D. Gillespie, 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 20th day of March, 2024.