Legal
0601 0608
TUCKER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES
AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2017
STATE OF WEST VIRGINIA,
TUCKER COUNTY, to wit:
In accordance with West Virginia Code §11-8-12 as amended, the Tucker County Board of Education proceeded to make an estimate of the amounts necessary to be raised by a levy of taxes for the 2017 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) $ 3,755,159
Other local sources 127,669
State Sources:
State aid to schools 5,751,823
Other unrestricted 10,500
Federal sources:
Unrestricted 245,000
Miscellaneous sources –
Total estimated revenues 9,8900,151
Estimated transfers in and other 21,690
financing sources
Estimated beginning balance 365,310
Total estimated revenues, other $ 10,277,151
financing sources, and beginning balance
Estimated expenditures:
Instruction $ 6,177,166
Supporting services:
Students 300,873
Instructional staff 183,379
Central administration 360,866
School administration 584,746
Central services 235,503
Operation and maintenance of facilities 1,152,873
Student transportation 793,369
Food services 292,401
Community services
Capital outlay 195,974
Debt service: –
Principal retirement –
Interest and fiscal charges
Total estimated expenditures 10,277,151
Total estimated transfers and other financing uses –
Estimated budgetary reserves –
Total estimated expenditures, other
financing uses, and reserves $ 10,277,151
TUCKER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES
AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2017
SPECIAL REVENUE FUND
Estimated revenues:
Local Sources $ 111,194
State Sources:
State aid to schools 6,919
Other 686,091
Federal sources 1,011,498
Miscellaneous sources –
Total estimated revenues 1,815,702
Estimated transfers in and other 292,401
financing sources
Estimated beginning balance –
Total estimated revenues, other $ 2,108,103
financing sources, and beginning balance
Estimated expenditures:
Instruction $ 978,156
Supporting services:
Students 71,671
Instructional staff 94,549
Central administration
School administration
Central Services 59,206
Operation and maintenance of facilities
Student transportation 98,370
Food services 784,461
Community services –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 2,086,413
Total estimated transfers and other 21,690
financing uses
Total estimated expenditures and other $ 2,108,103
financing uses
TUCKER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2017
CAPITAL PROJECTS FUND
Estimated revenues:
Local sources:
Property Taxes (Net of allowances) $ –
Other local sources –
State Sources – SBA GRANT 2,258,678
Total estimated revenues 2,258,678
Estimated transfers in and other –
financing sources
Estimated beginning balance –
Total estimated revenues, transfers, $ $ 2,258,678
and beginning balance
Estimated expenditures:
Capital projects $ 2,258,678
Total estimated expenditures 2,258,678
Total estimated transfers and other –
financing uses
Total estimated expenditure $ 2,258,678
other financing uses
TUCKER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES
AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2017
STATE OF WEST VIRGINIA,
Tucker County, to wit:
I, Dr. Eddie R. Campbell, Secretary of the Tucker 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 23rd day of May, 2017.