STATE OF 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 75,000
Property Taxes – Current Expense 215,172
Gas & Oil Severance Tax 6,111
Excise Tax on Utilities 100,000
Business and Occupation Tax 312,310
Wine & Liquor Tax 42,393
Sales Tax 300,000
Licenses 12,000
Building Permit Fees 1,000
Franchise Fees 42,000
IRP Fees (Interstate Registration Plan) 10,000
Private Liquor Club Fee 13,993
Municipal Service Fees 132,000
State Government Grants 4,500
Contributions from Other Entities 15,000
Contributions from other Funds 12,000
Gaming Income 33,583
Reimbursements (Explain type of funds & amounts being transfe 24,000
Refunds 2,500
Accident Reports 500
Video Lottery (LVL) 31,233
TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 1,385,295
COAL SEVERANCE TAX FUND
REVENUE SOURCE
Assigned Fund Balance $ 2,000
Coal Severance Tax 10,000
TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ 12,000
MUNICIPALITY OF CHESTER, WEST VIRGINIA
FISCAL YEAR JULY 1, 2022 – JUNE 30, 2023
LEVY ESTIMATE – BUDGET DOCUMENT
General Coal Severance
Fund Fund

ESTIMATED CURRENT EXPENDITURES
Mayor’s Office 5,174 –
City Council 20,017 –
City Clerk’s Office 101,194 –
Police Judge’s Office 17,668 –
City Attorney 12,000 –
Custodial 34,069 –
Regional Development Authority 4,000 –
City Hall 189,750 –
Transfers/Reimbursements 30,000 –
Contingencies 133,497 –
Police Department 537,310 –
Police-Special Duty 6,201 –
Fire Department 32,000 –
Streets and Highways 262,415 –
Parks & Recreation – 6,000
Library 6,000 –
TOTAL ESTIMATED EXPENDITURES $ 1,385,295 $ 12,000
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 $ 25,940,790 25.00 $ 64,852
Personal Property 0 0
Total Class II $ 25,940,790 $ 64,852
CLASS IV
Real Estate $ 19,128,340 50.00 $ 95,642
Personal Property 9,903,746 49,519
Public Utility 4,570,395 22,852
Total Class IV $ 33,602,481 $ 168,013
Total Value & Projected Revenue $ 59,543,271 $ 232,865
Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% 11,643
Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 4,424
Less Allowance for Tax Increment Financing (if Applicable) 0
Total Projected Property Tax Collection $ 216,798
Less Assessor Valuation Fund 0.75% 1,626
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes $ 215,172
Regular Current Expense Levy
FISCAL YEAR JULY 1, 2022 – JUNE 30, 2023
MUNICIPALITY OF CHESTER, WEST VIRGINIA