Home REGIONAL DATA Tax Data Nicholas Tax Data
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"If not for the help of the people at 4-C, I probably would not have secured the funding I needed to expand my business. They worked with me and came through with a loan package that was more than acceptable. They also helped me recover after the flood of 2001. They understand the trials of the small business person. I am thankful that this area has this organization."

Tom Hughes, President
Hughes Supply
Fayette County
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Business & Occupation Tax

Nicholas County Business & Occupation Tax Rate per $100


Business Classification
Richwood
Summersville
Production:Coal $1.00 $0.67
Sand, Gravel or Other Mineral $1.97
Product Not Quarried or Mined $3.00
Oil, Blast Furnace Slag $3.00 $1.97
Natural Gas in Excess of $1,250 $6.00 $3.92
Limestone or Sandstone $1.00
Quarried or Mined $1.50
Timber $1.50 $1.00
Other Natural Resource Products $1.50 $1.30
Manufactured, Compounded, or Prepared $0.30
For Sale lProducts $0.30
Selling Tangible Property:Retailers $0.275 $0.25
Wholesalers $0.15 $0.125
Public Service or Utility:Street and
Interurban and Electric Railways $1.00 $0.65
Electric Light and Power Companies (Sale and Demand
Charges, Domestic Purposes and Commercial Lighting) $4.00 $2.60
Electric Light and Power Companies (All Other
Sales and Demand Charges for All Other Purposes) $3.00 $1.95
Natural Gas Companies, Toll Bridges $3.00 $1.95
Water Companies $4.00 $2.00
Public Service or Utility Business* $0.70
All Other Public Service or Utility Business $2.00 $1.30
Contracting (Entered into Prior to July 1, 1965)** $1.30
Contracting (Entered into On or After July 1, 1965)** $1.00
Contracting* $2.00
Amusement $0.50 $0.325
Service and All Other Business $1.00 $0.525
Service Business or Calling $0.10 $0.525
Rentals, Royalties or Fees $1.00
Rentals, Royalties, Fees or Otherwise $1.00 $0.525
Banking or Other Financial Institutions $1.00
Generating or Producing Electrical Power $0.30
Small Loans and Industrial Loans $1.00 $0.525
$12.50 Exemption Per Quarter Applies

*Applies to the Town of Richwood
**Applies to the City of Summersville

Ad Valorem Tax

2009 Ad Valorem Tax Rates Nicholas County, WV


CLASS
1
2
3
4
BEAVER, GRANT, HAMILTON,
JEFFERSON, KENTUCKY
SUMMERSVILLE AND WILDERNESS
State Current 0.0050 0.0100
County Current 0.2830 0.5660
School Current 0.3880 0.7760
School Excess Levy 0.2662 0.5324
TOTAL FOR ALL DISTRICTS 0.9422 1.8844
0
CITY OF RICHWOOD
State Current 0.0050 0.0100
County Current 0.2830 0.5660
School Current 0.3880 0.7760
Excess Levy Rate 0.2662 0.5324
Municipal Rate 0.2500 0.5000
Excess Levy Rate 0.1250 0.2500
TOTAL - CITY OF RICHWOOD 1.3172 2.6344
CITY OF SUMMERSVILLE
State Current 0.0050 0.0100
County Current 0.2830 0.5660
School Current 0.3880 0.7760
School Excess Levy 0.2662 0.5324
Municipal Rate 0.2500 0.5000
TOTAL - CITY OF SUMMERSVILLE 1.1922 2.3844

 

Class I - Farm Machinery/Equipment
Class II - Residential/Farm
Class III - Out of City Vacant/Rental/Business Property
Class IV - In City - Vacant/Rental/Business Property
Formula For Tax Liability = Appraised Value x 60% = Assessed Value/$100 @ Class Rate

(Updated: 11/24/09)