ANNUAL FINANCIAL STATEMENTS OF THE
Morgan County Board of Education
AS OF AND FOR THE FISCAL YEAR ENDED
June 30, 2024
MORGAN COUNTY, WEST VIRGINIA, BOARD OF EDUCATION
STATEMENT OF NET POSITION
FYE JUNE 30, 2024
Governmental
Activities
ASSETS AND DEFERRED OUTFLOWS OF RESOURCES
ASSETS
Cash and cash equivalents $15,581,644
Taxes receivable, net of allowance for uncollectible taxes 777,972
Deposit with Retirement Board 35,216
Food service receivable 98,312
Due from other governments:
State aid receivable 111,946
PEIA allocation receivable 394,978
Reimbursements receivable 1,460,213
Capital assets:
Land 736,155
Land Improvements 341,546
Buildings and improvements 20,677,291
Furniture and equipment 2,435,582
Vehicles 3,828,372
Less accumulated depreciation (14,333,963)
Total capital assets, net of depreciation 13,684,983
Right-of-Use Assets:
Equipment 365,345
Subscription-based information technology arrangements (SBITAs) 259,590
Less accumulated amortization (380,516)
Total ROU assets, net of amortization 244,419
Total assets $32,389,683
Deferred outflows of resources:
Pension 376,864
Other post employment benefit (OPEB) 59,586
Total deferred outflows of resources 436,450
Total assets and deferred outflows of resources $32,826,133
LIABILITIES, DEFERRED OUTFLOWS OF RESOURCES AND NET POSITION
LIABILITIES
Salaries payable and related payroll liabilities 2,162,279
PEIA premiums payable 605,076
Compensated absences 93,229
Accounts payable 35,167
Long-term obligations:
Due within one year:
Bonds and contracts 306,666
Due beyond one year:
Bonds and contracts 2,878,214
Finance lease liability 281,327
Net pension liability – Proportionate Share 588,858
Net other post employment benefit (OPEB) liability – Proportionate Share 76,646
Total liabilities $7,027,462
Deferred inflows of resources:
Pension 340,339
Other post employment benefit (OPEB) 136,501
Total deferred inflows of resources 476,840
Total liabilities and deferred inflows of resources $7,504,302
NET POSITION:
Net investment in Capital Assets 10,500,103
Restricted for:
Special projects 1,811,729
Capital projects 372,114
Unrestricted 12,637,884
Total net position $25,321,831
STATEMENT OF ACTIVITIES
FYE JUNE 30, 2024
Net (Expense),
Revenue &
Program RevenuesChanges in
OperatingCapital Net Position
Charges forGrants andGrants andGovernmental
FUNCTIONS Expenses Services Contributions Contributions Activities
Governmental activities:
Instruction $16,765,405 $818,522 $3,312,830 $ — $(12,634,053)
Supporting services:
Students 1,907,383 — 463,422 — (1,443,961)
Instructional staff2,338,494–462,084–(1,876,410)
General administration 382,045 — 75,492 — (306,553)
School administration 1,689,103 — 333,765 — (1,355,338)
Central services 474,717 — 93,804 — (380,913)
Operation and maintenance
of facilites 2,624,235 — 518,547 — (2,105,688)
Student transportation 2,590,015 10,363 511,785 — (2,067,867)
Food services 2,322,550 1,373,167 169,384 — (780,000)
Community services 45,000 — — — (45,000)
Interest on long-term debt/
finance leases 64,040 — — — (64,040)
Total governmental
activities$31,202,986$2,202,051$5,941,113$ —$(23,059,822)
General revenues:
Property taxes11,919,791
Unrestricted state aid13,558,889 Unrestricted investment earnings767,559
Gain (loss) on disposal of capital assets8,262
Transfers in1,527,647
Transfers (out)(1,527,647)
Total general revenues, extraordinary items and transfers26,254,502
Change in net position3,194,680
Net position – beginning22,127,150
Net position – beginning, as restated22,127,150Net position – ending$25,321,831
See Notes to Financial Statements
BALANCE SHEET – GOVERNMENTAL FUNDS
FYE JUNE 30, 2024
65
Special71
1161Revenue Special51
GeneralSpecialSchoolRevenueCapital
CurrentRevenueActivityESSERFProjectsTotal
ExpenseFundFundFundFundGovernmental
ASSETS AND DEFERRED OUTFLOWS OF RESOURCES
ASSETS
Cash and cash equivalents$13,728,395$1,141,910$732,363$(393,137)$372,114$15,581,644
Taxes receivable, net777,972——–777,972
Deposit with Retirement Board 35,216 — — — — 35,216
Food service receivable, net–98,312——98,312
Due from other governments:
State aid receivable 111,946 — — — — 111,946
PEIA allocation receivable 394,978 — — — — 394,978
Reimbursements receivable 1,643 1,001,353 — 457,217 — 1,460,213
Total assets$15,050,150$2,241,575$732,363$64,080$372,114$18,460,281
Deferred outflows of resources — — — — — —
Total deferred outflows
of resources — — — — — —
TOTAL ASSETS PLUS
DEFERRED OUTFLOWS
OF RESOURCES $15,050,150 $2,241,575 $732,363 $64,080 $372,114 $18,460,281
65
Special71
1161Revenue Special51
GeneralSpecialSchoolRevenueCapital
CurrentRevenueActivityESSERFProjectsTotal
ExpenseFundFundFundFundGovernmental
LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES
LIABILITIES:
Salaries payable &
related payroll liabilities $1,865,377 $249,014 $ — $47,888 $ — $2,162,279
PEIA premiums payable 506,364 82,520 — 16,192 — 605,076
Accounts payable &
Payable to others 35,167 — — — — 35,167
Total liabilities $2,406,908 $331,534 $ — $64,080 $ — $2,802,522
Deferred inflows of resources642,70998,312——741,021
Total deferred inflows
of resources 642,709 98,312 — — — 741,021
FUND BALANCES:
Nonspendable35,216—— — 35,216
Restricted1,110,9641,811,729732,363–372,1144,027,170
Assigned3,869,193——–3,869,193
Unassigned6,985,159(0)(0)006,985,159
Total fund balances$12,000,532$1,811,729$732,363$0$372,114$14,916,738
TOTAL LIABILITIES,
DEFERRED INFLOWS
OF RESOURCES AND
FUND BALANCES $15,050,150 $2,241,575 $732,363 $64,080 $372,114 $18,460,281
Amounts reported for governmental activities in the statement of net position differ due to:
Capital assets used in governmental activities are not financial resources and,
therefore are not reported in the funds 13,684,983
Right-of-use assets used in governmental activities are not financial resources and,
therefore are not reported in the funds244,419
Property taxes receivable and food service billings receivable will be collected this year
but are not available soon enough to pay for the current period’s expenditures,
and are therefore deferred in the funds 741,021
Deferred outflows and inflows of resources related to pensions and OPEB are applicable to
future periods and therefore, are not reported in the funds
Deferred outflows of resources related to pensions 376,864
Deferred inflows of resources related to pensions (340,339)
Deferred outflows of resources related to OPEB 59,586
Deferred inflows of resources related to OPEB (136,501)
Some liabilities including net pension and OPEB obligations, are not due and payable in the
current period and, therefore, are not reported in the funds
Bonds payable, due within one year(306,666)
Bonds payable, due beyond one year(2,878,214)
Compensated absences(93,229)
Net pension liability – proportionate share (588,858)
Net OPEB liability – proportionate share (76,646)
Finance lease liability, due beyond one year(281,327)
Net position of governmental activities $25,321,831
See Notes to Financial Statements
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
GOVERNMENTAL FUNDS
FYE JUNE 30, 2024
65
Special71
1161Revenue Special51
GeneralSpecialSchoolRevenueCapital
CurrentRevenueActivityESSERFProjectsTotal
ExpenseFundFundFundFundGovernmental
REVENUES:
Property taxes$11,776,155$ –$ –$ –$ –$11,776,155
Other Local sources875,173104,781649,332—-1,629,286State sources16,497,0521,202,465—- 236,41217,935,929
Federal sources366,9793,278,244–2,284,350–5,929,573
Total revenues$29,515,360$4,585,489$649,332$2,284,350$236,412$37,270,944
EXPENDITURES:
Instruction 14,832,509 1,590,868 627,136 1,209,715 — 18,260,229
Supporting services:
Students 1,841,053 206,338 — 105,904 — 2,153,295 Instructional staff 1,419,198 372,470 — 722,494 — 2,514,161
General administration428,571——–428,571
School administration 1,954,243 — — — — 1,954,243
Central Services 551,535 329 — — — 551,864
Operation and maintenance
of facilities 2,737,892 161,207 — 23,954 132,386 3,055,439
Student transportation 2,940,460 298,324 — 25,327 — 3,264,112
Food services — 2,388,236 — — — 2,388,236
Community services45,000——–45,000
Capital outlay 7,988 — — — — 7,988
Debt service:
Principal retirement291,666——–291,666
Interest and fiscal charges 42,664 — — — — 42,664
Finance Leases:
Principal payment expense64,146——–64,146
Interest Expense 21,376 — — — — 21,376
SBITAs:
Principal payment expense 5,149 — — — — 5,149
Total expenditures27,183,4505,017,772627,1362,087,394132,38635,048,139
Excess (deficiency) of revenues
over expenditures2,331,910(432,283)22,196196,956104,0262,222,805
Other financing sources (uses):
Proceeds from disposal of real or
personal property 8,262 — — — — 8,262
Proceeds from finance lease 7,988 — — — — 7,988
Proceeds from SBITAs 5,149 — — — — 5,149
Transfers in243,045806,02078,582–400,0001,527,647
Transfers (out)(1,215,924)(91,619)(5,357)(196,956)(17,791)(1,527,647)
Total other financing
sources (uses) (951,480) 714,401 73,225 (196,956) 382,209 21,399
Net change in
fund balances 1,380,430 282,118 95,420 0 486,235 2,244,204
Fund balances – beginning 10,620,102 1,529,611 636,942 — (114,121) 12,672,534
Fund balances – beginning,
as restated 10,620,102 1,529,611 636,942 — (114,121) 12,672,534
Fund balances – ending $12,000,532 $1,811,729 $732,363 $ 0 $372,114 $14,916,738
See Notes to Financial Statements
RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FYE JUNE 30, 2024
Net change in fund balances – total governmental funds $2,244,204
Amounts reported for governmental activities in the statement of activities are different due to:
Governmental funds report capital outlays as expenditures. However, in the statement of
net position, the cost of those assets is allocated over their estimated useful lives and
reported as depreciation expense. The effect on net position is the amount by which
capital outlays exceed depreciation in the current period.
Depreciation expense(626,232)
Capital outlays837,884
Governmental funds report capital outlays as expenditures. However, in the statement of
net position, the cost of lease assets is allocated over their estimated useful lives and
reported as amortization expense. The effect on net position is the amount by which
capital outlays exceed amortization in the current period.
Amortization expense(71,776)
Capital outlays7,988
Governmental funds report capital outlays as expenditures. However, in the statement of
net position, the cost of SBITA assets is allocated over their estimated useful lives and
reported as amortization expense. The effect on net position is the amount by which
capital outlays exceed amortization in the current period.
Amortization expense(152,178)
Capital outlays5,149
Certain receivables will be collected this year but are not available soon enough to pay
for the current period’s expenditures. This is the amount by which such receivables
increased (decreased).
Property taxes receivable143,636
Operating Grants and Contributions(1,074)
Other miscellaneous conversion adjustments
A portion of the change in fund balances is the proceeds from finance leases. Those
proceeds are not considered revenue items for the purpose of this statement (7,988)
A portion of the change in fund balances in the proceeds for SBITAs. Those proceeds
are not considered revenue items for the purpose of this statement. (5,149)
The repayment of the principal of long-term debt (e.g., bonds, leases) consumes the
current financial resources of governmental funds. However, such repayment has
no effect on net position.291,666
Differences in the cost and accumulated depreciation on disposed capital assets are
reported as a loss and reduction in net position in the statement of activities.
Cost of assets disposed (357,785)
Accumulated depreciation of assets disposed357,785
Compensated absences are reported as liabilities in the statement of net position, but
are only reported in government funds to the extent they have matured. This is
the amount by which compensated absences (increased)/decreased.
Accrued vacation payable19,593
Governmental funds report district pension contributions as expenditures. However,
in the Statement of Activities, the cost of pension benefits earned net of employee
contributions is reported as pension expense.
District pension contributions190,221
Cost of benefits earned net of employee contributions22,427
Governmental funds report district OPEB contributions as expenditures. However,
in the Statement of Activities, the cost of OPEB benefits earned net of employee
contributions is reported as OPEB expense
District OPEB contributions32,147
Cost of benefits earned net of employee contributions194,870
Finance Lease payable are reported as liabilities in the statement of net position, but are
only reported in government funds to the extent they have matured. This is the amount
by which finance lease payables decreased. 64,146
SBITA payables are reported as liabilities in the statement of net position, but are only
reported in government funds to the extent they have matured. This is the amount by
which SBITA payables decreased. 5,149
Change in net position of governmental activities $3,194,680
The notes are an integral part of the financial statements; however, they are not published to conserve space. THE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2024, are available for review in the business office of the Morgan County Board of Education, 247 Harrison Avenue, Berkeley Springs, West Virginia.
SUPPLEMENTAL SCHEDULE
OF EXPENDITURES
FOR THE FISCAL ENDED
JUNE 30, 2024
Salaries expenditures:
Board officials:
Aaron Close3,680
Peter Gordon3,520
Justin Litten3,840
John Rowland3,840
Laura Smith3,840
Superintendent 133,800
Total salaries paid to
other professional
personnel13,040,465
Total salaries paid to
service personnel4,519,862
Total salary
expenditures17,712,847
Non-salary expenditures:
2152 Gear 1,872
A.C.&T. Co., Inc. 172,368
ABC Supply Co. Inc. 4,444
Abe Books 434
Ablenet Inc. 265
Accucut 4,107
Action Construction 262,000
Advance Auto Parts 3,724
Advance Truck Parts 1,218
Advantage
Technology39,346
Adventure Park-USA 3,983
AED Superstore 1,734
Agednet.com 465
Ahearn Greene
Associates,LLC1,250
Aircon
Engineering Inc.9,344
AK Athletic
Equipment398
Alamo Drafthouse
Cinemas2,718
Amazon.com 250,879
American Assc. of
School Admin.1,180
American Bankers
Ins. Co. of FL20,567
American Benefit
Corporation295,213
American Heart
Assoc.1,080
American Safety
Council1,710
Amsterdam Printing
& Litho2,588
Anderson’s 1,342
Antietam
Recreation Inc.2,039
Appalachian Signals/
Products1,479
Apple Valley
Waste70,875
Apple, Inc. 25,044
Apptegy 12,040
ASR, Inc. 780
Assoc. for Middle
Level Educ.1,084
ATA Services
of WV1,500
Athletic Net 270
B&H Photo Video `953
Balfour Company 1,952
Baseball Monkey 405
BAVX Resources LLC 339
Beacon Athletics 613
Beaver Industrial
Tools2,300
Beddow’s Septic
Service1,300
Berkeley Club
Beverages, Inc.5,004
Berkeley County
Schools52,438
Berkeley Springs
Auto Parts8,358
Berkeley Springs
High School43,907
Berkeley Springs
Water Works37,632
Berkeley-Morgan Co.
Health Dept.584
Best Life
Therapy, LLC190,198
Best Western 790
Biedler’s Electric
Mtr. Repair898
Bingaman Lawn
Service51,610
BJ’s Custom
Creations951
Black Bear Resort 729
BlackCat
Music Shop996
Blue Bird of
Pittsburgh, Inc.503,210
Blue Ridge CTC 1,100
Bob’s Tire Service 1,539
Boland HVAC 9,608
Bollard Cover USA 555
Bollard Sox 399
Bollman Charter
Service Inc.6,905
Bowles Rice 1,200
Boys & Girls Club
of E. Panhandle2,165
Brainpop 275
Brews Custom
Awards LLC1,087
Bridge Information
Tech2,200
Brightly Software Inc. 3,436
BSN Sports 14,176
BTM CPA’s 7,200
Bug Man LLC 8,218
Builders First
Source259
Building Wings 4,239
Bulk Book Store 5,766
Burpee.com 1,811
Buy Two Way
Radios800
Buypartsonline.com 729
Bytespeed 2,964
Cacapon Market-
Exxon651
Cacapon Resort
State Park1,880
Camcor, Inc. 866
Camp Frame 3,700
Canaan Valley
Resort1,084
Capturing Kids
Hearts72,400
Career Safe LLC 736
Carolina Biological
Supply Co.905
Catoctin Wildlife
Preserve746
Cedar Lakes
Conference Cntr.671
Cengage 10,194
Central Elevator
Inspection680
Central Maryland
Intl.2,169
Central Restaurant
Products15,447
Certiport 1,295
CEV ,4,938
Chambers
Chiropractic4,580
Chapman, Hannah 1,400
Chick-Fil-A 1,500
Cintas 519
Clark’s Inc. 2,300
Class Creator 1,168
Classlink 10,627
Clearfly 2,258
Cliff Keen Athletics 466
CLK Supplies 5,322
CMTA Energy
Solutions115,548
CNB Bank Inc. 66,666
College Board AP 2,896
Colony Tire Corp 5,724
Comfort Central Inc. 6,968
Cornwell/Appalachian
TLS LLC419
Costco 1,895
Council of Admin.
of Spec. Ed.450
Country Inn & Suites 920
Country Meats 4,236
Cracker Barrel 498
Crisis Prevention
Inst. Inc.17,611
Cromer, Levi A. 700
Culligan Water 13,400
Cummins Atlantic 1,520
Curriculum
Associates, Inc.85,695
Custom Ink 3,123
CVI Connect/
Lifescience Tech300
Data Image 2,088
Dawson’s Ace
Hardware23,969
Daycon 98,387
Days Inn 2,282
Decker Equipment 2,333
Dell Computer
Corporation4,837
DEP-AST Program 508
Dick Blick 2,596
Dick’s Sporting
Goods481
Digital Buyer.com 2,862
Digital River 317
Dinsmore &
Shohl, LLP19,085
Dirsec LLC 66,971
Discount Mugs 724
Discount Ramps.com 380
District Management
Group6,275
Document
Solutions Inc.14,174
Dollar General 862
Dollar Tree
Stores Inc.379
Dollywood
Foundation, The20,444
Dovell & Williams 7,174
DPF Alternatiaves
of WV, LLC509
Dropbox Inc. 589
EAI Education 298
Easyway Products
Company2,855
E-Bay 461
Edmentum 80,000
Education System
Solutions8,950
Educators Handbook 798
Edutek
Solutions LLC818
Ekon-O-Pac 3,324
Electronic Specialty
Company875
Embassy Suites
Hotel2,936
Encova Insurance 130,176
Enterprise
Rental Car365
Epic 653,947
ESGI
Software.com.2,106
Everbank Commercial
Finance3,384
Ewell Educational Svcs. 390
Explore Learning 770
EZCater 261
Falcon, Laura 1,300
Farm To Table 270
Final Touch 6,466
Fire-X Sales &
Service Corp.10,246
First Citizens
Bank & Trust70,745
Fit Learning
Consulting LLC33,020
Fleetpride 2,503
Fleetsoft LLC 3,360
Flinn Scientific Inc. 324
Flocabulary 293
Flying W
Farms, LLC4,872
FMX 3,650
Follett School
Solutions5,287
Food Lion, Inc. 6,651
Forged Foam 255
Four Points
BySheraton391
Freightliner 11,423
Frontier 39,856
Frontier
West Virginia Inc.88,410
Fun and Function 1,966
Fundraising.com 768
Funtastic Games, LLC 630
Fyffe Jones
Group, AC16,460
Gabe’s 1,566
Galt House 496
GBC/ACCO
Brands267
Glade Springs 1,787
Glascock’s Produce 2,160
Glass Doctor of
Northern Va.15,080
Glenville Inn 598
Gopher Sports 726
Gordon Food
Service846,923
Goto Technologies
USA Inc.2,120
Grafton Integrated
Health1,635
Grant County
Mulch2,733
Graybar 944
Green Valley
Book Fair2,195
Greenhouse
Megastore357
Greensboro
Marriott Downtown878
G-Tech Inc. 2,786
Guilford
Publications Inc.562
Guitar Center 975
Gulf Coast Gate
& Fence3,221
Hagerstown Ice
& Sports600
Hampton Inn 4,107
Harbor Freight
Tools12,264
Headline Books 10,331
Heggerty 2,002
Heinemann 59,195
Herald Mail Co. 449
Hermitage Inn 1,112
Hershey Park 5,869
Hershey’s
Ice Cream2,342
Highlights for
Children254
Holiday Inn 9,307
Home Depot, The 1,871
Hoover, Megan 24,400
Houghton Mifflin
Harcourt128,383
HPS 3,275
HUDL 1,137
Hunter’s Hardware, Inc. 4,445
Hyatt 1,162
Hydrair Balance
Co. Inc.975
Idemia/Safran/
Identogo1,042
I’m The Chef Too! 493
Imagine Learning/
Edgenuity25,210
Incident IQ LLC 4,583
Incredible Inflatables 2,309
Institute for
Multi Sensory268
Instructional
Empowerment95,449
Instrumentalist
Awards280
Iron Mountain 2,218
IRS-FICA 1,295,897
IXL Learning 47,277
James and Law
Company717
Jefferson Rentals 3,309
Johnson
Controls Inc.34,033
Jones School
Supply1,055
Jostens 700
Jotforms Inc. 474
K&K Door 2,435
Kajeet 7,195
Kanopi By
Armstrong8,068
Kaseya US LLC 18,964
Kev Group Inc. 4,850
Kidsmart
Carivals2,943
Kieschnick &
Associates LLC69,000
Kilmer’s Farm
Market147,265
Kimball Midwest 556
Kleet World
Languages16,650
K-Log 8,061
Kool Kidz Funables 940
Kurtz Brothers 6,496
Lakeshore Learning
Materials8,542
Leaf 1,504
Learning
Resources393
Lego Education 895
Lexia Learning 36,780
Library Store,
Ltd., The4,328
Little Learner’s
Village, LLC9,731
Lost River
Butcher Block6,405
Lowe’s 6,136
LRP Publications 295
Magnatag Visible
Systems2,206
Main Truck &
Trailer2,068
Makemy
newspaper.com393
Malatt, Brian D. 1,800
Managed Methods 8,504
Mansfield Oil
Company1,663
Marianna’s
Fund Raisers1,630
Marriott 13,256
Martin’s Food
Markets 2,094
Martins’s Produce
Supplies3,051
Martinsburg Service
Center8,494
Maryland Pipe &
Supply Co., Inc.16,822
Math Unity LLC 5,448
Matheny Motor
Truck Co.16,220
McCarthy Tire &
Auto Center3,410
McGraw-Hill
Publishing2,405
Medieval Times 5,796
M-F Athletic
Company1,203
Michaels 1,995
Midway Bowl 2,842
Minds In
Motion Inc.3,757
Minghini Gen.
Contractors Inc.135,105
Mission Nutrition 761
Monday 770
Monport Tech Inc. 4,359
Moozoom
Education Inc.2,775
Morgan Arts
Council600
Morgan County
Commission29,339
Morgan County
Partnership62,723
Morgan County
Public Library27,000
Morgan
Messenger, The12,808
Mosyle Corporation 4,312
Mountain State
Rehab Inc.78,188
Movie Licensing USA 395
MPS/Bedford,
Freeman & Worth2,220
Mutch’s Contracting 14,100
My Tee Creations 5,719
Mystery
Science Inc.1,999
NASSP 1,060
National Business
Furniture2,196
National FFA 560
Nat’l. Assoc. for
Pupil Transpt. 919
Nat’l. CACFP
Sponsors Assoc.629
Nat’l. Health
Promotion Assoc.1,279
Nearpod 2,800
Neola, Inc. 3,665
Noregon
Systems Inc.939
Northern Tool
& Equipment505
Notepads
Your Way728
Obitco 3,634
Oglebay Wilson Lodge 286
Oliver Packaging 1,456
Oracle Elevator 3,444
Oriental Trading
Company1,754
Pace Analytical 1,221
Paessler Ag 1,665
Paper Education
America Inc.240,350
Parchment LLC 962
Park Place
Technologies28,989
Partstown 573
Paw Paw
Elementary School4,225
Paw Paw
High School7,535
Paw Paw
Public Library18,000
Paypal 1,615
Pearson
Assessments1,557
Pentoney Brothers
Contracting3,100
Pepper, J.W. 1,829
Pioneer Drama
Service285
Pioneer
Valley Books12,125
Pipestem State Park 321
Pitney Bowes 9,747
Planbook 378
Playground
Specialties37,361
Pleasant View
Elementary4,933
PNJ Solar 1,553
Poca Valley Bank 267,664
Porta Phone Co. 2,790
Positive Promotions 1,632
Postmaster –
Berkeley Springs1,049
Potomac Eagle 1,320
Potomac Edison 600,691
Potomac Farms
Dairy121,435
Potomac Valley
Audubon Society6,000
Powell’s
Plumbing LLC686
Powerschool
Group LLC76,166
Premier Energy
Systems2,338
Premier Handling
Solutions695
Prestwick
House Inc.530
Pro Edge Hardware
& More437
Public Surplus 14,960
Pure Fishing Inc. 1,238
Quickbooks 688
Quicken Farms 319
Quill Corporation 42,224
R.M. Huffman
Company4,803
Really Good
Stuff, Inc.803
Recreation
Today1,291
REI 2,054
Remedia
Publications407
Renaissance
Learning Inc.4,515
Research Press 1,210
Residence Inn 3,423
Resilite Sports
Products10,737
Rew Materials 426
Rexel 1,431
Rice Tire
Company24,002
Ricoh Printing
Sys. America3,369
Ridersville Cycle 800
Ripple Effects 4,232
Riverside Insights 2,328
Roberts Oxygen
Company, Inc.60,930
Rogers Athletic
Company Inc.4,587
Roy’s Service
Center8,823
Sam’s Club 7,917
Sangiovanni, John 3,600
Sarris Candies Inc. 991
Savvas Learning
Co., LLC672
SB & Son
Contracting1,630
Scenario
Learning3,604
Scentsy, Inc. 875
Scholastic
Books Fairs1,596
Scholastic Inc. 27,392
School Bus
Sales Co.268
School Cash
Supplies369
School Datebooks 1,838
School Maintenance
Supply Inc.690
School Mate 6,291
School Nurse
Supply Inc.10,530
School Specialty
Company4,112
Schoolscapes Inc. 16,987
Scott Electric
Company18,180
Securly Inc. 4,301
Shade
Equipment Co.367
Share Corp. 13,951
Shed Custom
Creations3,650
Shenandoah Music 871
Shenandoah
Sand Inc.888
Shepherd, Kattie 660
Signs By
Tomorrow1,062
Silkcards 259
Skadi Ventures
Co. As Kona Ice314
Sketch For
Schools486
Sky Zone 1,330
Sleep Inn 1,680
Smart Horizons 945
Smithsonian’s
National Zoo270
Snow Riders 3,332
Social Studies
School Svcs.8,690
Solarwinds 727
Sonesta Es Suites 1,401
Source One
Parts Center1,098
Source4 973
Sourcewell 14,696
Southern Refrigeration
Corp.38,660
Sparks At
Play LLC600
Sprigeo Inc. 1,650
Star Theatre 300
Stencilease 785
Steve’s Auto Body 1,627
Stonewall Resort 3,506
Stotler
Excavating LLC500
Sunbelt
Rentals Inc.25,328
Suplay 351
Survey Monkey 496
Sweetwater
Sound Inc.10,596
Sylvania 519
System Air 2,963
T&M Services/
Tri-State Door671
Talley, Kathy 600
Target 421
Taylors
Environmental Svcs.912
Teach Town Inc. 4,745
Teacher Direct 296
Teacher’s Discovery 531
Teachers Pay
Teachers810
Teaching
Strategies Inc. 11,956
Ted’s Rent-It Center 1,833
The Casselman Inn 2,359
The Country Inn 1,148
The Secret Stories 343
Thegluv Athletics Inc. 629
Therapy Notes 4,468
Thos.
Somerville Co.31,103
TIAA Commercial
Finance Inc.931
Tilt Studio 1,426
Tony M.Music 650
Top Quality Gloves 552
Top Quality
Installations3,795
Town of Bath 2,214
Town of
Paw Paw, WV6,529
Tractor Supply 4,635
Trafera 122,134
Trans-Allegheny
Lunatic Asylm1,218
Transfinder 8,000
Transportation
Accessories Co.756
Travelers 18,393
Tree Ring 7,377
Tricars Inc. 55,920
Trophies Plus 323
Truck Enterprises
Hagerstown6,771
Tygart Lake State Park 428
UHS Hardware 6,601
Uline 2,878
Unique To You/
N2Y LLC960
United Airlines 722
United Bankcard
Center11,621
Unity School
Bus Parts995
US Cellular 4,626
US News Awards/
Brandconnex645
USI Education
Sales735
Vector Solutions 690
Ventris Learning 4,077
Virginia Tech 270
Voxcom Solutions 68,512
Voyager Sopris
Learning656
Wal-Mart, Inc. 7,073
Warehouse
Cinemas2,620
Warm Springs Public
Service District22,174
Warm Springs
Intermediate
School17,638
Warm Springs
Middle School27,778
Warther
Woodworking Gifts600
Washington
Commanders690
Waste Management 464
Wayne’s Garage 425
Webstaurant 3,676
Weiss Brothers of
Hagerstown, Inc.6,612
Weissmann Dance 1,369
West Music 1,772
Western Maryland
Music Center773
Wheeler Fleet II 569
Widmyer
Elementary12,925
Wilkin’s Shoe
Center Inc.1,993
Williamson
Shriver Architects45,055
Woodwind &
Brasswind840
Workplace Pro 392
World’s Finest
Chocolates840
WPS Publishing 3,022
WV Adjutant
General7,771
WV ASBO 455
WV Assoc. of
School Nurses1,155
WV Assoc./School
Administrators800
WV Consolidated
Public Ret.177,994
WV Department
of Education15,040
WV Dept. of
Agriculture49,799
WV Division of
Labor360
WV Farm Bureau
Foundation3,950
WV FFA 1,040
WV Game
Changer Inc.50,000
WV Net 348
WV Public Employee
Ins. Agency532,864
WV Public Svc.
Training675
WV School Boards
Assoc. 8,561
WV School
Psychologist Assn.265
WV Science
Teachers Assoc.350
WV State Auditor 1,317
WV State Board of
Risk & Ins. 238,065
WV State Police 324
WVAPT 900
WVASFA 300
Wyndham Garden 874
Yogi Bear’s
Jellystone Park2,300
Zides Sports Shop 1,421
ZLabs-Scuta 2,000
ZMM, Inc. 4,500
Zoho Corp. 8,400
Zonar 10,529
Zones LLC 2,857
Zoom Video
Communications Inc.872
Zoro 7,024
Total non-salary expenditures
paid in excess of
two hundred fifty
dollars ($250)11,317,603
FERPA protected expenditures
paid in excess of
two hundred fifty
dollars ($250)41,775
Total non-salary expenditures
paid of less than
two hundred fifty
dollars ($250)25,438
Total expenditures for
school activities632,494
Total non-salary
expenditures12,017,310
Total expenditures
before For/On
Behalf of LEA 29,730,157
Public Employees
Insurance Agency
Allocation Paid
by State2,141,119
Retirement Allocation
Paid by State 921,108
Unfunded Retirement
Liability Allocation
Paid by State2,255,755
Total expenditures
per financial
statements35,048,139
STATE OF WEST VIRGINIA
COUNTY OF MORGAN, TO WIT;
We, the undersigned President and Secretary of the Board of
Education of the County of
Morgan, hereby state under oath that the preceding attached financial statements of the funds of the Morgan County Board of Education as of and for the fiscal year ended June 30, 2024 are true and accurate to the best of our knowledge and belief. However, these statements are unaudited and thereby subject to change.
Aaron Close
President
David Banks
Secretary
Subscribed and sworn to before me in my said County, the 18th day of September, 2024.
My commission expires on the 1st day of May, 2029.
Michelle A. Sirbaugh
Notary Public
9-25-1tm