WYOMING COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2023
STATE OF WEST VIRGINIA
WYOMING COUNTY, to wit:
In accordance with West Virginia Code §11-8-12 as amended, the Wyoming County Board of Education proceeded to make an estimate of the amounts necessary to be raised by a levy of taxes for the 2023 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) $ 12,046,890
Other local sources 143,000
State Sources:
State aid to schools 19,404,940
Other unrestricted 9,075,070
Federal Sources:
Unrestricted
Miscellaneous Sources:
Total estimated revenues 40,669,900
Estimated transfers in and other financing sources 100,000
Estimated beginning balance 9,500,000
Total estimated revenues, other financing sources, and beginning balance 50,269,900
Estimated expenditures:
Instruction $25,641,860
Supporting services:
Students 1,926,070
Instructional staff 683,400
Central administration 1,169,770
School administration 2,805,460
Central services 1,373,260
Operation and maintenance of facilities 5,967,140
Student transportaion 4,269,660
Food services 304,500
Community services 177,190
Capital outlay
Debt service:
Principal retirement 925,000
Interest and fiscal charges
Total estimated expenditures 45,243,310
Total estimated transfers and other financing uses 770,000
Estimated budgetary reserves 4,256,590
Total estimated expenditures, other financing uses, and reserves $ 50,269,900
SPECIAL REVENUE FUND
Estimated revenues:
Local Sources:
State Sources: $ 55,240
State aid to schools 812,220
Other
Federal Sources: 5,144,200
Miscellaneous Sources: Total estimated revenues 6,011,660
Estimated transfers in and other financing sources 761,560
Estimated beginning balance 750,000
Total estimated revenues, other financing sources, and beginning balance 7,523,220
Estimated expenditures:
Instruction $ 1,998,850
Supporting services:
Students 69,120
Instructional staff 144,810
Central administration
School administration
Business
Operation and maintenance of facilities
Student transportaion
Food services 3,565,600
Community services
Capital outlay
Debt service:
Principal retirement
Interest and fiscal charges
Total estimated expenditures 5,778,380
Total estimated transfers and other financing uses 1,744,840
Total estimated expenditures and other financing uses $ 7,523,220
PERMANENT IMPROVEMENT FUND
Estimated revenues:
Local Sources:
Property Taxes (Net of allowances) $ 432,310
Other local sources
Miscellaneous Sources: Total estimated revenues 432,310
Estimated transfers in and other financing sources
Estimated beginning balance 300,000
Total estimated revenues, transfers, and beginning balance $ 732,310
Estimated expenditures:
Capital Projects $ 732,310
Total estimated expenditures 732,310
Total estimated transfers and other financing uses
Total estimated expenditures and other financing uses $ 732,310
STATE OF WEST VIRGINIA,
Wyoming County, to wit:
I Deirdre A. Cline, Secretary of the Wyoming County Board of Education, do hereby certify that the foregoing os a true copy of the proposed budget being considered for adoption by the board of education on the 23rd day of May, 2022.
Deirdre A. Cline
Secretary of the Board of Education