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GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2024
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 2024 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) $ 10,511,908
Other local sources 464,000
State Sources:
State aid to schools 25,589,141
Other unrestricted 12,312,185
Federal Sources:
Unrestricted 575,000
Miscellaneous Sources: 331,910
Total estimated revenues 49,783,234
Estimated transfers in and other financing sources
Estimated beginning balance 3,500,000
Total estimated revenues, other financing sources and beginning balance $ 53,283,234
Estimated expenditures:
Instruction $ 30,240,141
Supporting services:
Students 935,259
Instructional staff 429,796
Central administration 1,184,076
School administration 3,736,592
Central services 510,889
Operation and maintenance of facilities 5,571,291
Student transportation 4,744,283
Food services –
Community services 57,980
Capital outlay 500,000
Debt service:
Principal retirement 70,000
Interest and fiscal charges 2,500
Total estimated expenditures 47,982,806
Total estimated transfers and other financing uses 4,000,428
Estimated budgetary reserves 1,300,000
Total estimated expenditures, other financing uses, and reserves $ 53,283,234
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2024
EXCESS LEVY FUND
Estimated revenues:
Local Sources:
Property taxes (Net of allowances) $ 7,366,402
Other local sources 131,000
State Sources:
State aid to schools –
Other unrestricted –
Federal Sources:
Unrestricted –
Miscellaneous Sources:
Total estimated revenues 7,497,402
Estimated transfers in and other financing sources
Estimated beginning balance –
Total estimated revenues, other financing sources and beginning balance $ 7,497,402
Estimated expenditures:
Instruction $ 2,438,210
Supporting services:
Students 65,000
Instructional staff 1,265,120
Central administration –
School administration –
Central services –
Operation and maintenance of facilities 2,165,847
Student transportation 563,225
Food services –
Community services –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 7,497,402
Total estimated transfers and other financing uses –
Estimated budgetary reserves –
Total estimated expenditures, other financing uses, and reserves $ 7,497,402
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2024
SPECIAL revenue FUND
Estimated revenues:
Local Sources $ 14,940
State Sources:
State aid to schools 289,925
Other 401,522
Federal Sources 9,447,774
Miscellaneous Sources –
Total estimated revenues 10,154,161
Estimated transfers in and other financing sources 1,302,118
Estimated beginning balance
Total estimated revenues, other financing sources and beginning balance $ 11,456,279
Estimated expenditures:
Instruction $ 6,873,511
Supporting services:
Students –
Instructional staff 249,246
Central administration –
School administration –
Business –
Operation and maintenance of facilities –
Student transportation –
Food services 4,333,522
Community services –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 11,456,279
Total estimated transfers and other financing uses –
Total estimated expenditures and other financing uses $ 11,456,279
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2024
DEBT SERVICE FUND
Estimated revenues:
Local Sources:
Property taxes (Net of allowances) $ 2,246,550
Other local sources 9,500
Miscellaneous Sources:
Total estimated revenues 2,256,050
Estimated transfers in and other financing sources
Estimated beginning balance 2,500,000
Total estimated revenues, transfers and beginning balance $ 4,756,050
Estimated expenditures:
Debt service $ 3,536,000
Total estimated expenditures 3,536,000
Total estimated transfers and other financing uses 1,220,050
Total estimated expenditures, other financing uses $ 4,756,050
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2024
CAPITAL PROJECTS FUND
Estimated revenues:
Local Sources $ –
State Sources:
State aid to schools –
Other 9,206,530
Federal Sources –
Miscellaneous Sources –
Total estimated revenues 9,256,530
Estimated transfers in and other financing sources 5,920,050
Estimated beginning balance
Total estimated revenues, other financing sources and beginning balance $ 15,176,580
Estimated expenditures:
Instruction $
Supporting services:
Students –
Instructional staff
Central administration –
School administration –
Business –
Operation and maintenance of facilities –
Student transportation –
Food services
Community services –
Capital outlay 15,176,580
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 15,176,580
Total estimated transfers and other financing uses –
Total estimated expenditures and other financing uses $ 15,176,580
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2024
FUND 71 – ESSERF
Estimated revenues:
Local Sources $ –
State Sources:
State aid to schools –
Other –
Federal Sources 5,200,000
Miscellaneous Sources –
Total estimated revenues 5,200,000
Estimated transfers in and other financing sources –
Estimated beginning balance
Total estimated revenues, other financing sources and beginning balance $ 5,200,000
Estimated expenditures:
Instruction $ 5,016,250
Supporting services:
Students 89,590
Instructional staff
Central administration –
School administration –
Business –
Operation and maintenance of facilities 94,160
Student transportation –
Food services –
Community services –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 5,200,000
Total estimated transfers and other financing uses –
Total estimated expenditures and other financing uses $ 5,200,000
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2024
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 25th day of May 2023.
Please note: The Board will meet on Tuesday, May 25 at 1:00 p.m. in the Arts and Science Building at New River Community and Technical College for a special meeting on the proposed budget.