By Debra Minor Wilson
Times West Virginian
The rates will stay the same.
In a special meeting, the Marion County Commission discussed and set excess levy rates for fiscal year 2013-14.
Basically, it’s what you paid last year.
The excess levy is voted on every five years by the citizens. FY 2013-14 (which runs July 1, 2013, through June 30, 2014) is the last year of the current five-year excess levy.
The levy rate represents the multiplier that is used to determine the amount of taxes to be charged to individual taxpayers in a given year.
“The West Virginia Tax Department has forwarded us notice of approval of the levy estimates,” said Randy Elliott, commission president.
“Rates will remain the same as last year.”
County administrator Kris Cinalli added that there have been no written or verbal objections to the levy estimate.
The levy taxes different classes of property at different rates.
Class I includes all tangible personal property employed exclusively in agriculture, including horticulture and grazing; all products of agriculture (including livestock) while owned by the producer; all notes, bonds, bills and accounts receivable, stocks and any other intangible personal property.