NITRO, W.Va. -- Nitro residents will decide in March whether to continue the city's municipal levy that has been in effect since 1932, and levy rates will be reduced from what voters approved in 2009.
The issue was discussed at Tuesday's Nitro City Council meeting.
If the levy is renewed at a March 8 special election, it will generate close to the same amounts as the 2009 version and would be in effect for four fiscal years, from 2014 to 2018.
However, the rate for Class II property, which includes residential property and farmland, will fall from the current 10.66 cents per $100 of assessed value to the new rate of 8.80 cents. The rate for Class IV property, which is all other real and personal property, will fall from the current 21.32 cents to the new 17.60 cents.
Nitro's population increased by roughly 300 people between the 2000 and 2010 censuses, following annexations of residential and business properties in that decade.
The levy is expected to generate around $369,269 annually for the city and will fund street maintenance, parks and recreation, firefighter and police wages, street lighting, the city library and fire hydrant rental.
If the assessed value of property in Nitro would ever project the levy to exceed $369,269 annually, levy rates would be adjusted to avoid going over that amount. Council will also not issue bonds if the levy is passed.
The levy is specifically for the city, not the county, and will require a 60 percent approval to pass.
Also, certain residents will be exempt from paying a storm water surcharge, an attorney told council members.