FAYETTE COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUE AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2026
STATE OF WEST VIRGINIA,
FAYETTE COUNTY, to wit:
In accordance with West Virginia Code §11-8-12 as amended, the Fayette County Board of Education proceeded to make an estimate of the amounts necessary to be raised by a levy of taxes for the 2026 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 Special
Expense Revenue
Fund Fund
Estimated Revenues:
Local Sources:
Property taxes (Net of allowances) $ 23,536,587 $
Other Local sources 660,000
State Sources:
State aid to schools 50,683,181 –
Other unrestricted – 1,125,049
Federal Sources:
Restricted 80,000 8,358,913
Unrestricted 5,000 –
Miscellaneous sources
Total estimated revenues 74,964,768 9,483,962
Estimated transfers in and other financing sources 9,885,034 1,450,151
Estimated beginning balance 5,000,000 –
Total estimated revenues, other financing sources,
and beginning balance $ 89,849,802 $ 10,934,113
Expenditures:
Instruction $ 42,657,565 $ 5,093,205
Supporting services:
Students 4,218,959 454,665
Instructional staff 1,787,275 545,497
Central administration 1,234,085 –
School administration 4,575,518 –
Support Service Central 1,352,750 –
Operation and maintenance of facilities 8,467,624 –
Student transportation 9,045,621 48,759
Food services – 4,568,560
Community services 56,500 –
Capital outlay
Debt service 2,529,143 –
Total estimated expenditures 75,925,040 10,710,686
Total estimated transfers and other financing uses 11,227,005 108,180
Estimated budgetary reserves 2,697,756 115,247
Total estimated expenditures, other financing uses,
and reserves $ 88,849,802 $ 10,934,113
I, Gary Hough, Secretary of the Fayette County Board of Education, do hereby certify that the foregoing is a true copy of the budget adopted by the Fayette County Board of Education on the 13th day of May, 2025.
Gary Hough
Secretary of the Fayette County Board of Education