CITY COUNCIL MINUTES

PROPOSED MINUTES
SPECIAL COUNCIL MEETING OF MARCH 27, 2007

Elkins City Council met in special call session in the council chamber of city hall at 6:04 p.m. Tuesday, March 27, 2007. Present were: Mayor Judith Ann Guye; Councilpersons: R. N. Beckwith, V. T. Broughton, J. S. Bibey, T. P. Ditty, H. R. Elbon, T. Z. Hensil, R. J. Malcolm, C. L. Metheny, K. L. Wilmoth and R. A. Woolwine; and City Clerk P. J. Graziani, Jr.

The meeting was called to set the levy rates, consider a compensation package and approve estimates of revenue and expenditure for the General and Coal Severance Funds for Fiscal Year 2007/2008.

Cm Elbon, seconded by Cm Bibey, MOVED THAT COUNCIL SET THE LEVY RATES REFLECTED ON THE WORKSHEET CALCULATING THE REDUCED “ROLLED BACK” RATE AND THE LEVY ORDER RATE AND RATE SHEET – FISCAL YEAR 2007-2008 REGULAR CURRENT EXPENSE LEVY. The motion carried.

		Certificate of Valuation		Levy	Taxes
		Assessed Value for Tax Purposes		Rate/$100	Levied
Class I
Personal Property	$			12.26	$ -
Public Utility					$ -
Total Class I	$				$ -

Class II
Real Estate	$	77,768,350		24.52	$ 190,688
Personal Property		756,174			$ 1,854
Total Class II	$	78,524,524			$ 192,542

Class IV
Real Estate	$	61,143,140		49.04	$ 299,846
Personal Property		37,685,371			$ 184,809
Public Utility		9,861,035			$ 48,359
Total Class IV	$	108,689,546			$ 533,014

Total Value & Projected Revenue	$	187,214,070			$ 725,556

Less Delinquencies, Exonerations & Uncollectible Taxes			5%	. . . . . . . .	$ 36,278
Less Tax Discounts			2%	. . . . . . . .	$ 13,786
Less Allowance for Tax Increment Financing - see worksheet
(Subtracted from regular current expense taxes levied only)				. . . . . . . .
Total Projected Property Tax Collection				. . . . . . . .	$ 675,492
Less Assessor's Valuation Fund			1.9%	. . . . . . . .	$ 12,834
(Subtracted from regular current expense taxes levied only)
Net Amount to be Raised by Levy of Property Taxes
For Budget Purposes				. . . . . . . .	$ 662,658

Cm Hensil, seconded by Cm Elbon, MOVED THAT COUNCIL ADOPT THE COMPENSATION PACKAGE FOR FISCAL YEAR 2007/2007 AS PROPOSED. The motion carried. [Cm Bibey again encouraged implementation of the position of full-time fire chief, and Mayor Guye concurred, saying the city might then be eligible for a lower ISO rating.]

Cm Elbon, seconded by Cm Beckwith, MOVED THAT COUNCIL APPROVE A ONE (1%) PERCENT, ACROSS-THE-BOARD PAY RAISE FOR ELIGIBLE SUPERVISORY EMPLOYEES. The motion carried.

Cm Elbon, seconded by Cm Hensil, MOVED THAT COUNCIL APPROVE A TWO (2%) PERCENT, ACROSS-THE-BOARD PAY RAISE FOR ELIGIBLE NONSUPERVISORY EMPLOYEES; however,

Cm Broughton, seconded by Cm Beckwith, MOVED TO AMEND THE MAIN MOTION BY SUBSTITUTING THREE (3%) PERCENT IN PLACE OF THE ORIGINAL TWO (2%) PERCENT. The motion to amend the original main motion carried. The amended main motion then carried.

Cm Elbon, seconded by Cm Metheny, MOVED THAT COUNCIL ADOPT THE GENERAL FUND LEVY ESTIMATE. The motion carried. [Cm Beckwith suggested, and other council members agreed, that outside organizations receiving contributions from the General Fund should be required to provide financial statements indicating the specific uses to which the funds were put.]

Cm Beckwith, seconded by Cm Malcolm, MOVED THAT COUNCIL ADOPT THE COAL SEVERANCE FUND LEVY ESTIMATE. The motion carried.

2007-2008 Fiscal Year
LEVY ESTIMATE - BUDGET DOCUMENT

STATE OF WEST VIRGINIA
MUNICIPALITY OF ELKINS

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:

2007-2008 Fiscal Year

LEVY ESTIMATE - BUDGET DOCUMENT

STATE OF WEST VIRGINIA

MUNICIPALITY OF ELKINS

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

Unencumbered Balance (July 1)

$ 50,000

Ad Valorem Taxes

662,658

Prior Year Taxes

43,149

Supplemental Taxes

14,319

Tax Loss Restoration

1,186

Tax Penalties and Interest

6,657

Gas & Oil Severance Tax

6,711

Excise Tax on Utilities

286,078

Business and Occupation Tax

1,110,504

Wine and Liquor Tax

85,750

Animal Control Tax

1,617

Hotel Occupancy Tax

54,000

Fines, Fees and Court Costs

102,750

Parking Violation Fines

12,598

Licenses

22,151

Building Permit Fees

24,997

Miscellaneous Permits

Franchise Agreements

64,236

IRP Fees

6,000

Municipal Service Fees

1,050

Parking Meter Revenues

8,322

Off Street Parking

10,980

Rents and Concessions

5,655

Jail Fees

2,793

Special Assessments

2,376

Fire Protection Fees

321,084

Charges for Services

571,389

Payments in-Lieu of Taxes

10,500

Interest Earned on Investments

5,992

Reimbursements

4,489

Commissions

Police Accident Reports

2,225

Interest on Special Assessments

900

Video Lottery

23,000

Miscellaneous Revenue

11,111

TOTAL ESTIMATED REVENUE (GENERAL FUND) $

3,537,259

COAL SEVERANCE TAX FUND - REVENUE SOURCE

Unencumbered Balance (July 1)

127,098

Coal Severance Tax

26,300

TOTAL ESTIMATED REVENUE (COAL SEVERANCE FUND)