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(File photo/Sherry Hanson) This December, Moundsville resident Jayla Peace and her dogs Max and Molly enjoyed the new dog park near the Riverfront Park playground. This park was made possible thanks to the city collecting her 1 percent city sales tax.
MOUNDSVILLE – Moundsville City Manager Rick Healy presented his 2023 year-end report to City Council members during this week’s regular meeting.
The 31-page document looks back at the city’s finances for 2023, including revenues and expenditures. It also covers construction projects taking place in the city, including work on the new City Hall, and highlights events in each city sector and investments made in the city’s private sector.
Healy said the document is available at the Moundsville Public Library and will also be posted on the city’s website for residents to read.
“As I look back on the past year, I am once again amazed by the progress we have made,” Healy wrote in the report. “There are many reasons why this city has enjoyed so much success over the past few years, and I am delighted to be a part of that success.
“Introducing a 1% sales tax, a council that carefully considers the allocation of all of that revenue, partners that are involved, an administration with a vision, employees who want to succeed, and us working together toward that end goal. Everybody, this is it.’ That’s what it takes,” he added. “Superintendent White of the Parks and Recreation Department bought a little plaque for me and now it’s on my desk that says, ‘Teamwork makes dreams come true.’ How true is that? Let’s go.”
Mr. Healy thanked city department heads for submitting information that made it possible to complete the report. He also thanked his secretary Sara Jasenek for her work on this document.
Report highlights include total revenue of $15,108,106 for fiscal year 2023-24. Mr Healy said of that amount, $9,966,893 was new income and the remaining balance would be carried forward. He noted that revenue continues to increase compared to the past two fiscal years.
“The main source of revenue is business and occupation taxes, which are budgeted at $2.75 million. This represents about 27.5% of the new revenue,” he said.
He said the city’s 1% city sales tax will bring in $2.1 million in revenue and allow the city to continue projects that will help improve the quality of life for residents, such as new parks and recreation projects and the construction of a new City Hall. He said he was able to do so.
In his report, Healey expressed concern about potential changes to the B&O tax at the state level.
“Changes to B&O laws and local sales tax laws that alleviate these could seriously damage the city’s growth and progress,” he said. “There continues to be legislation introduced to attack these revenues, primarily B&O. Without a backfill mechanism, it is very unlikely to eliminate them in their entirety. But our main revenues Reducing either source is harmful.”
In 2023, city sales taxes will fund $331,806 for paving, $38,300 for demolition of blighted properties, $3,535 for recycling programs, $93,098 for two new police station cruisers, $46,963 for City Council Thinkpads and related software, and recreation projects. and $760,482 in future bonds. Construction costs for new City Hall, $6,150 for new banners and brackets in the business district, $47,850 for engineering and utility relocation costs for the Fostoria Avenue Bridge project, $1,905 for new W.Va. 2 welcome sign materials, and trees. $2,500 was paid for the removal of the.
Mr. Healy’s report also focused on new construction projects started or completed in the city in the last year. That includes $8.9 million being implemented by the Marshall County Health Department. The recently opened Aldi grocery store cost $2.1 million. Renovation of former Teletech for EQT and WVU Medicine, $1.1 million. Renovation of Kroger Plaza, $252,670. and Walmart renovations, $247,397.
New store openings include Aldi, Red Dragon Hybrid Tae Kwon Do, Future of Moundsville Youth Center, D&E Services, Wash-Rite Car Wash, Cherryhaze Tattoo, Up in Smoke Vape Shop, and Kathy’s Krafts and Gifts.
Companies that have moved include E and K Sports Cards, Re’Decorate Consignment, Collins Tech, Interim Healthcare and Joe’s Pre-Owned Autos.
“Five residential, commercial and institutional projects have started new or redevelopment projects with contract values of $100,000 or more,” Healy said. “The cumulative total is $13,133,112. … This is his largest amount since 2015, excluding 2019, when the Holiday Inn Express & Suites was built.”
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