City Council

FAIRMONT CITY COUNCIL ADJOURNED MEETING TUESDAY, APRIL 16, 2024 4:30 P.M. COUNCIL CHAMBERS PUBLIC SAFETY BUILDING 500 QUINCY STREET FAIRMONT, WEST VIRGINIA AGENDA I. CALL TO ORDER - Mayor Bolyard II. ROLL CALL OF MEMBERS - David A. Kirk, Interim City Clerk III. PUBLIC HEARING 1. Proposed Levy Rates Beginning July 1, 2024. IV. CONSIDERATION OF COUNCIL BUSINESS 1. Adoption, A Resolution Approving Rates Of Levy Laid By City Of Fairmont, Marion County, And Approved By The State Tax Commissioner For Municipal Purposes For The Fiscal Year Beginning July 1, 2024 In Accordance With Chapter 11, Article 8 Of The West Virginia Code, As Amended. V. ADJOURNMENT  NOTICE SPECIAL MEETING OF THE COUNCIL OF THE CITY OF FAIRMONT PLEASE TAKE NOTICE that the undersigned will convene an adjourned meeting of the Council of the City of Fairmont on Tuesday, April 16, 2024 at 4:30 p.m., in Council Chambers, 500 Quincy Street, Fairmont, West Virginia for the purpose of the following: 1. Public Hearing on Proposed Levy Rates. 2. Adoption, A Resolution Approving Rates Of Levy Laid By The City Of Fairmont, Marion County, And Approved By The State Tax Commissioner For Municipal Purposes For The Fiscal Year Beginning July 1, 2024 In Accordance With Chapter 11, Article 8 Of The West Virginia Code, As Amended. Given under my hand this the 9 th day of April, 2024. Anne Bolyard Mayor ITEM 1  A RESOLUTION APPROVING RATES OF LEVY LAID BY THE CITY OF FAIRMONT, MARION COUNTY, AND APPROVED BY THE STATE TAX COMMISSIONER FOR MUNICIPAL PURPOSES FOR THE FISCAL YEAR BEGINNING JULY 1, 2024 IN ACCORDANCE WITH CHAPTER 11, ARTICLE 8 OF THE WEST VIRGINIA CODE, AS AMENDED SYNOPSIS This resolution approves the levy rates for the City of Fairmont beginning July 1, 2024 in accordance with Chapter 11, Article 8 of the West Virginia Code.  A RESOLUTION APPROVING RATES OF LEVY LAID BY THE CITY OF FAIRMONT, MARION COUNTY, AND APPROVED BY THE STATE TAX COMMISSIONER FOR MUNICIPAL PURPOSES FOR THE FISCAL YEAR BEGINNING JULY 1, 2024 IN ACCORDANCE WITH CHAPTER 11, ARTICLE 8 OF THE WEST VIRGINIA CODE, AS AMENDED WHEREAS, pursuant to a Notice duly sent to each member of Council of the City of Fairmont in accordance with the Charter of the City of Fairmont, Section 2.11 Procedure; an Adjourned Meeting was scheduled for April 16, 2024 at 4:30 p.m. for the adoption of a Resolution Approving Rates of Levy Laid by the City of Fairmont, Marion County, and Approved by the State Tax Commissioner, for Municipal Purposes for the Fiscal Year Beginning July 1, 2024 in Accordance with Chapter 11, Article 8 of the West Virginia Code, as Amended. WHEREAS, at the Adjourned Meeting of the Fairmont City Council, held on the 16th day of April, 2024, the following order was made and entered: SUBJECT: RESOLUTION APPROVING RATES OF LEVY LAID BY THE CITY OF FAIRMONT, MARION COUNTY, AND APPROVED BY THE STATE TAX COMMISSIONER FOR MUNICIPAL PURPOSES, FOR THE FISCAL YEAR BEGINNING JULY 1, 2024 IN ACCORDANCE WITH CHAPTER 11, ARTICLE 8 OF THE WEST VIRGINIA CODE, AS AMENDED. NOW, THEREFORE, BE IT RESOLVED that the Fairmont City Council does hereby direct that the rates of levy laid by the City of Fairmont, Marion County, be approved as submitted; a copy of list of levies to be entered as part of this record. PASSED this the 16th day of April, 2024. MAYOR ATTEST: INTERIM CITY CLERK  FISCAL YEAR JULY 1, 2024 - JUNE 30, 2025 LEVY ESTIMATE - BUDGET DOCUMENT STATE OF WEST VIRGINIA MUNICIPALITY OF FAIRMONT, 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 Assigned Fund Balance 1,985,285 Unassigned Fund Balance 1,622,045 Property Taxes - Current Expense 2,740,832 Prior Year Taxes 276,000 Gas & Oil Severance Tax 100,000 Excise Tax on Utilities 1,183,000 Business and Occupation Tax 5,010,000 Wine & Liquor Tax 170,000 Animal Control Tax 3,000 Hotel Occupancy Tax 17,000 Sales Tax 3,204,000 Fines, Fees & Court Costs 100,000 Licenses 95,000 Building Permit Fees 500,000 Miscellaneous Permits 16,900 Franchise Fees 200,000 Inspection, Dilapidated Building, & Vacant Property Fees 35,000 IRP Fees (Interstate Registration Plan) 115,000 Private Liquor Club Fee 25,000 Rents, Royalties, and Concessions 58,200 Refuse Collection 2,080,000 Police Protection Fees 650,000 Fire Protection Fees 1,105,000 Street Fees 709,000 Contributions from Other Entities 20,000 Payment in Lieu of Taxes 20,000 Gaming Income 11,000 Interest Earned on Investments 70,100 Filing Fees 150 Accident Reports 4,500 Video Lottery (LVL) 125,000 Miscellaneous Revenues (provide details on 'Explanations' tab) 31,000 TOTAL ESTIMATED REVENUE (GENERAL FUND) $ 22,282,012 COAL SEVERANCE TAX FUND REVENUE SOURCE Assigned Fund Balance $ 10,000 Coal Severance Tax 45,000 Interest Earned on Investment 50 TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND) $ ===5=5=,0=5=0= General Coal Severance Fund Fund ESTIMATED CURRENT EXPENDITURES City Council 72,586 City Manager's Office 304,407 Finance Office 735,411 City Clerk's Office 126,761 Police Judge's Office 124,150 City Attorney 182,895 Main Street Program 47,000 Engineering 9,525 Personnel Office 89,051 Purchasing Department 49,024 Contributions to Caroms/Authorities 2,000 Regional Development Authority 12,158 Building Inspection 666,649 Planning & Zoning 385,220 Elections 27,600 Data Processing 248,454 City Hall 1,306,138 Public Works Department 330,630 Contingencies 870,832 Police Department 4,111,228 Investigative Services & Control 791,171 Fire Department 5,719,743 Dog Warden/Humane Society 58,176 Fire Hydrants 109,052 Streets and Highways 841,621 Street Lights 415,000 Signs and Signals 137,866 Snow Removal 55,050 Central Garage 75,261 Garbage Department 2,050,000 Local Health Department 6 ,000 Parks & Recreation 374,538 Visitors Bureau 8,500 Arts & Humanities 1,000 Library 5,000 Social Services 2,080 Capital Projects - Street and Transportation 1,985,285 TOTAL ESTIMATED EXPENDITURES $ 22,282,012 $ 55,050  MUNICIPALITY OF FAIRMONT, 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 12.5o l $ 0 Public Utility 0 0 Total Class I $ 0 $ 0 CLASS II Real Estate $ _ __4_0_8,:....0_3_7:,_,1_4_0 25.oo I $ _ ___; 1,_0_2_; 0,:.... 0_9_3 Personal Property 229,296 573 Total Class II $ -------408,266,436 $ 1,020,666 -=---- CLASS IV Real Estate $ _ __ 2_09_;':....1_4_; 0,:.... 9_6_0 50.00 I$ _ _ __; 1,_0_45_;,_7_0 _5 Person al Property 128,833,519 644,168 Public Utility 98,875,957 494,380 Total Class IV $ -~~-~--436,850,436 $ --~-- - 2,184,253 Total Value & Projected Revenue $ = =8=4=5=,1=1=6,=8=72= $ 3,204,919 ======== Less Delinquencies, Exonerations & Uncollectable Taxes 160,246 Less Tax Discounts (use Total Projected Revenue to calculate) 2.00% 60,893 Less Allowance for Tax Increment Financing (if Applicable) 187,013 Total Projected Property Tax Collection $ _ _ _2_;':,_7_9_6,;_7_6_7 Less Assessor Valuation Fund 55,935 (Subtracted from regular current expense taxes levied only) Net Amount to be Raised by Levy of Property Taxes $ ===2==,7=4=0,=8=32=  MUN ICIPALITY OF FAIRMONT, WEST VIRGINIA ALLOWANCE FOR TAX INCREMENT FINANCING REGULAR CURRENT EXPENSE LEVY 2024 - 2025 ColumnC Roll Back Levy Taxes Current Year 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 $- 34,012,020 25.00 $- - -- 85,030 ---''---- - - -- ' - - - - - - ' - - Personal Property Total Class II $ ____ 34,012,020 0 .;.......;..._ 0 85,030 $ Class IV Real Estate $ - - - --'------'-- 10,492,270 50.00 $ - -- - - - -52,461 ' -" - - ~ Personal Property 12,676,580 63,383 0 0 Public Utility Total Class IV $ _____ 23,168,850 .....,.._ 115,844 Total Value & Projected Revenue $ 57,180,870 (Gross) $ = = = =20=0=,8=7=4 = == ========= Less Delinquencies, Exonerations & Uncollectable Taxes 5.00% .. .... ...... . 10,044 Less Tax Discounts 2.00% .. ......... . . 3,817 Allowance For Tax Increment Financing (This amount carries to the worksheet above) ... ... ... ... . 187,013 = = = == ==== West Virginia State Auditor's Office Municipal Budget Form Local Government Services Division 3 Rate and Levy Page Tab  STATE OF WEST VIRGINIA COUNTY OF Marion MUNICIPALITY OF FAIRMONT ~, -oavid Kirk•· •• . _ . . , Recording Officer of said municipality, do hereby certify that the ·foregoi.Q.g are true copies from the record of the orders made and entered by the coJIDcil of the· said municipality on the 12 day of March, 2024. (Signature) Interim City Clerk (Official Title of Recording Officer)