LEVY LANGUAGE
The following legislation is not designed to be the final product, but rather a foundation in which to develop homegrown legislation.
The purpose of this legislation authorizes Monongalia County, upon acceptance by a majority of legal voters to impose an “Infrastructure Levy (IL)” not to exceed 0.355 per $100 valuation on all Class III and IV taxable personal property; excluding Class I and Class II real property as defined by code. (See formula below)
Proceeds are to be collected and dispersed by the County Assessor into a separate account within the County budget. Revenues collected and their allocation are here forth limited to any debt service associated with infrastructure projects within Monongalia County and as determined by the voters of Monongalia County.
The Infrastructure Levy is limited to 10 years and may be renewed or extended, but only upon approval by voters of Monongalia County through referendum vote to accept the aforementioned extension or renewal.
Additionally, any Levy referendum vote is limited to either primary election or general election ballots.
Revenues collected are strictly prohibited from use for any administrative cost, feasibility studies or project management.
Please note the above language speaks to Monongalia County, however the legislation will be crafted to permit all counties to adopt IL legislation upon local voter approval and the approval of a Constitutional Amendment.
The following legislation is not designed to be the final product, but rather a foundation in which to develop homegrown legislation.
The purpose of this legislation authorizes Monongalia County, upon acceptance by a majority of legal voters to impose an “Infrastructure Levy (IL)” not to exceed 0.355 per $100 valuation on all Class III and IV taxable personal property; excluding Class I and Class II real property as defined by code. (See formula below)
Proceeds are to be collected and dispersed by the County Assessor into a separate account within the County budget. Revenues collected and their allocation are here forth limited to any debt service associated with infrastructure projects within Monongalia County and as determined by the voters of Monongalia County.
The Infrastructure Levy is limited to 10 years and may be renewed or extended, but only upon approval by voters of Monongalia County through referendum vote to accept the aforementioned extension or renewal.
Additionally, any Levy referendum vote is limited to either primary election or general election ballots.
Revenues collected are strictly prohibited from use for any administrative cost, feasibility studies or project management.
Please note the above language speaks to Monongalia County, however the legislation will be crafted to permit all counties to adopt IL legislation upon local voter approval and the approval of a Constitutional Amendment.
Summary:
- The languauge sets the maximum allowable levy at 0.355.
- Term of levy is set at 10 years.
- Levy only applies to personal property, Class III & Class IV. Language will excludes all mobile homes and real property.
- Revenues are colleceted by the County Assessor.
- Revenues are deposited in a seperate account within the county budget.
- Revenues can not be used for administrative, feasibility studies or project management.
- WV State Dept of Highways retains management responsibilities.
- Must go before the voters for approval as a constitutional amendment.
- All road projects and the levy must go before the individual county voter for approval.
- Renewal or extension of levy must go before the voters.
- Elections are limited to the General, Primary, or in some limited cases special elections, where upon the County has other issues coming before the residents.
1 comment:
Manchin is giving the money for the bridge in Fairmont and it is just going down to a Hotdog stand. So get that money maybe we can put in a Hundred Million dollars Hotdog stand and Manchin will get us money,,,,
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