Special Election - Library Levy

The special election for renewal of authorization of additional levies for the fiscal years beginning July 1, 2023, July 1, 2024, July 1, 2025, and July 1, 2026, and for the purpose of providing the sum of $200,000.00 for each said fiscal year for the financial support of the Hancock Public Libraries according to the Order of the County Commission of Hancock County, West Virginia, made and entered on the record the 14th day of July, 2022. CLASS I .57 cents per $100 of assessed valuation CLASS II 1.14 cents per $100 of assessed valuation CLASS III 2.28 cents per $100 of assessed valuation CLASS IV 2.28 cents per $100 of assessed valuation That, in the event the separate and aggregate assessed value of each class of property within the County of Hancock increases during the term of the special excess levy, the levy rate shall be adjusted so that the projected tax collection will not exceed $200,000.00 in any fiscal year and, that if any such additional levies exceed the approximate sum of $200,000.00, the amount in excess of said approximate sum shall be transferred to the general fund of said County for expenditure by said County for recreational purposes only.