Legal
0520 0527
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2018
STATE OF WEST VIRGINIA,
GREENBRIER COUNTY, to wit:
In accordance with Code §11-8-12, as amended, the Greenbrier County Board of Education proceeded to make an estimate of the amounts necessary to be raised by levy of taxes for the 2018 fiscal year, and doth determine and estimate the several amounts to be as follows:
The amount due and the amount that will become due and collectible from every source during the fiscal year INCLUDING THE LEVY OF TAXES, is as follows:
GENERAL CURRENT EXPENSE FUND
Estimated revenues:
Local Sources:
Property taxes (Net of allowances) $ 8,614,720
Other local sources 553,750
State Sources:
State aid to schools 19,530,549
Other unrestricted 6,663,723
Federal Sources:
Unrestricted 480,000
Miscellaneous Sources:
Total estimated revenues 35,842,742
Estimated transfers in and other financing sources
Estimated beginning balance 425,000
Total estimated revenues, other financing sources and beginning balance $ 36,267,742
Estimated expenditures:
Instruction $ 23,596,109
Supporting services:
Students 596,219
Instructional staff 270,801
Central administration 702,894
School administration 2,757,269
Central services 346,874
Operation and maintenance of facilities 3,422,823
Student transportation 3,328,097
Food services –
Community services 57,200
Capital outlay
Debt service:
Principal retirement
Interest and fiscal charges
Total estimated expenditures 35,078,285
Total estimated transfers and other financing uses 1,074,171
Estimated budgetary reserves 115,286
Total estimated expenditures, other financing uses, and reserves $ 36,267,742
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2018
EXCESS LEVY FUND
Estimated revenues:
Local Sources:
Property taxes (Net of allowances) $ 5,978,119
Other local sources 100,000
State Sources:
State aid to schools –
Other unrestricted –
Federal Sources:
Unrestricted –
Miscellaneous Sources:
Total estimated revenues 6,078,119
Estimated transfers in and other financing sources
Estimated beginning balance –
Total estimated revenues, other financing sources and beginning balance $ 6,078,119
Estimated expenditures:
Instruction $ 2,872,720
Supporting services:
Students 48,000
Instructional staff 107,303
Central administration –
School administration –
Central services –
Operation and maintenance of facilities 2,397,121
Student transportation 652,975
Food services –
Community services –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 6,078,119
Total estimated transfers and other financing uses –
Estimated budgetary reserves –
Total estimated expenditures, other financing uses, and reserves $ 6,078,119
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2018
DEBT SERVICE FUND
Estimated revenues:
Local Sources:
Property taxes (Net of allowances) $ 3,352,600
Other local sources 14,000
Miscellaneous Sources:
Total estimated revenues 3,366,600
Estimated transfers in and other financing sources
Estimated beginning balance
Total estimated revenues, other financing sources and beginning balance $ 3,366,600
Estimated expenditures:
Debt service $ 3,366,600
Total estimated expenditures 3,366,600
Total estimated transfers and other financing uses
Total estimated expenditures, other financing uses $ 3,366,600
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2018
SPECIAL revenue FUND
Estimated revenues:
Local Sources $ 262,584
State Sources:
State aid to schools 1,803,352
Other 478,143
Federal Sources 6,866,354
Miscellaneous Sources
Total estimated revenues 9,410,433
Estimated transfers in and other financing sources 1,074,171
Estimated beginning balance
Total estimated revenues, other financing sources and beginning balance $ 10,484,604
Estimated expenditures:
Instruction $ 6,391,515
Supporting services:
Students 5,953
Instructional staff 320,205
Central administration –
School administration –
Business –
Operation and maintenance of facilities –
Student transportation 450,170
Food services 3,316,761
Community services –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 10,484,604
Total estimated transfers and other financing uses –
Total estimated expenditures and other financing uses $ 10,484,604
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2018
STATE OF WEST VIRGINIA,
Greenbrier County, to wit:
I, Jeffrey Bryant, Secretary of the Greenbrier County Board of Education, do hereby certify that the foregoing is a true copy of the proposed budget being considered for adoption by the Board of Education on the 30th day of May, 2017.
Please note: The preliminary operating budget for 2017-2018 is available for public inspection at the Board of Education Office. The Board will meet on May 30th, 2017, 9:00 a.m. for a public hearing on the proposed budget. This meeting will be held at the Board of Education Office, 197 Chesnut Street, Lewisburg, WV.