GREENBRIER cOUNTY bOARD OF eDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2016
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 2016 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) $ 9,095,630
Other local sources 276,500
State Sources:
State aid to schools 20,579,410
Other unrestricted 6,338,960
Federal sources:
Unrestricted 937,000
Miscellaneous sources
Total estimated revenues 37,227,500
Estimated transfers in and other financing sources –
Estimated beginning balance 700,000
Total estimated revenues, other financing sources,
and beginning balance $ 37,927,500
Estimated expenditures:
Instruction $ 24,415,640
Supporting services:
Students 619,110
Instructional staff 443,660
Central administration 883,030
School administration 2,793,700
Central services 338,980
Operation and maintenance of facilities 3,646,870
Student transportation 3,447,440
Food services –
Community services 57,200
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 36,645,630
Total estimated transfers and other financing uses 1,203,970
Estimated budgetary reserves 77,900
Total estimated expenditures, other financing uses,
and reserves $ 37,927,500
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2016
excess levy FUND
Estimated revenues:
Local Sources
Property taxes (Net of allowances) $ 6,066,530
Other local sources –
State Sources:
State aid to schools –
Other unrestricted –
Federal sources:
Unrestricted –
Miscellaneous sources –
Total estimated revenues 6,066,530
Estimated transfers in and other financing sources –
Estimated beginning balance –
Total estimated revenues, other financing sources,
and beginning balance $ 6,066,530
Estimated expenditures:
Instruction $ 3,075,795
Supporting services:
Students 250,000
Instructional staff 275,005
Central administration –
School administration –
Central services –
Operation and maintenance of facilities 1,723,230
Student transportation 742,500
Food services –
Community services –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 6,066,530
Total estimated transfers and other financing uses –
Estimated budgetary reserves –
Total estimated expenditures, other financing uses
and reserves $ 6,066,530
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2016
DEBT SERVICE FUND
Estimated revenues:
Local sources:
Property Taxes (Net of allowances) $ 4,189,260
Other local sources 14,300
Miscellaneous sources –
Total estimated revenues 4,203,560
Estimated transfers in and other financing sources –
Estimated beginning balance –
Total estimated revenues,
transfers and beginning balance $ 4,203,560
Estimated expenditures:
Debt service $ 4,203,560
Total estimated expenditures 4,203,560
Total estimated transfers and other financing uses –
Total estimated expenditures and other financing uses $ 4,203,560
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2016
SPECIAL REVENUE FUND
Estimated revenues:
Local sources $ 297,650
State sources:
State aid to schools 1,664,500
Other 522,810
Federal sources 6,193,420
Miscellaneous sources –
Total estimated revenues 8,678,380
Estimated transfers in and other financing sources 1,203,970
Estimated beginning balance –
Total estimated revenues,
transfers and beginning balance $ 9,882,350
Estimated expenditures:
Instruction $ 5,677,160
Supporting services:
Students 7,210
Instructional staff 818,680
Central administration –
School administration –
Business –
Operation and maintenance of facilities –
Student transportation 338,760
Food services 3,040,540
Community services –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 9,882,350
Total estimated transfers and other financing uses –
Total estimated expenditures and other financing uses $ 9,882,350
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2016
STATE OF WEST VIRGINIA,
Greenbrier County, to wit:
I Sallie E. Dalton, 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 21st day of April, 2015.
Please note: The preliminary operating budget for 2015-2016 is available for public inspection at the Board of Education Office, or online at www.greenbriercountyschools.org. The Board will meet on April 21st at 10:00 a.m. for a public hearing on the proposed budget. This meeting will be held at the Board of Education Office, 202 Chestnut Street, Lewisburg, WV.