ANNUAL FINANCIAL STATEMENTS OF THE
Morgan County Board of Education
AS OF AND FOR THE FISCAL YEAR ENDED
June 30, 2025
MORGAN COUNTY, WEST VIRGINIA, BOARD OF EDUCATION
STATEMENT OF NET POSITION
FYE JUNE 30, 2025
Governmental
Activities
ASSETS AND DEFERRED OUTFLOWS OF RESOURCES
ASSETS
Cash and cash equivalents $17,021,352
Taxes receivable, net of allowance for uncollectible taxes 774,651
Food service receivable 98,341
Due from other governments:
PEIA allocation receivable 460,662
Reimbursements receivable 640,275
Capital assets:
Land 736,155
Land Improvements 341,546
Buildings and improvements 20,682,646
Furniture and equipment 3,169,192
Vehicles 4,095,841
Less accumulated depreciation (14,996,408)
Total capital assets, net of depreciation 14,028,971
Right-of-Use Assets:
Equipment 373,170
Subscription-based information technology arrangements (SBITAs) 854,283
Less accumulated amortization (656,775)
Total ROU assets, net of amortization 570,678
Total assets $33,594,931
Deferred outflows of resources:
Pension 877,536
Other post employment benefit (OPEB) 73,828
Total deferred outflows of resources 951,364
Total assets and deferred outflows of resources $34,546,295
LIABILITIES, DEFERRED OUTFLOWS OF RESOURCES AND NET POSITION
LIABILITIES
Salaries payable and related payroll liabilities 2,260,207
PEIA premiums payable 680,917
Compensated absences 1,631,994
Accounts payable 68,451
Long-term obligations:
Due within one year:
Bonds and contracts 316,666
Finance lease liability 70,798
Due beyond one year:
Bonds and contracts 2,561,548
Finance lease liability 162,099
Net pension liability – Proportionate Share 950,503
Net other post employment benefit (OPEB) liability – Proportionate Share (8,416)
Total liabilities $8,694,768
Deferred inflows of resources:
Pension 278,955
Other post employment benefit (OPEB) 34,950
Other 1
Total deferred inflows of resources 313,906
Total liabilities and deferred inflows of resources $9,008,674
NET POSITION:
Net investment in Capital Assets 11,150,757
Restricted for:
Special projects 1,920,854
Capital projects 669,689
Unrestricted 11,796,322
Total net position $25,537,623
STATEMENT OF ACTIVITIES
FYE JUNE 30, 2025
Net (Expense),
Revenue &
Program RevenuesChanges in
OperatingCapital Net Position
Charges forGrants andGrants andGovernmental
FUNCTIONS Expenses Services Contributions Contributions Activities
Governmental activities:
Instruction $17,884,070 $327,464 $2,582,850 $ — $(14,973,756)
Supporting services:
Students 2,089,688 748 444,691 — (1,644,249)
Instructional staff3,200,8701,146462,276–(2,737,448)
General administration 589,467 211 85,132 — (504,124)
School administration 1,849,854 663 267,159 — (1,582,032)
Central services 437,110 157 63,128 — (373,825)
Operation and maintenance
of facilites 2,774,393 994 400,683 — (2,372,716)
Student transportation 2,865,737 424,655 413,875 — (2,027,207)
Food services 2,423,352 1,299,707 241,838 — (881,807)
Community services 45,000 — — — (45,000)
Interest on long-term debt/
finance leases 56,779 — — — (56,779)
Total governmental
activities$34,216,319$2,055,745$4,961,631$ —$(27,198,943)
General revenues:
Property taxes12,307,651
Unrestricted state aid15,023,719 Unrestricted investment earnings816,765
Transfers in1,287,174
Transfers (out)(1,287,174)
Total general revenues, extraordinary items and transfers28,148,136
Change in net position949,193
Net position – beginning25,790,858
Prior period adjustments (see note__)(1,202,428)
Net position – beginning, as restated24,588,430Net position – ending$25,537,623
See Notes to Financial Statements
BALANCE SHEET – GOVERNMENTAL FUNDS
FYE JUNE 30, 2025
65
Special71
1161Revenue Special51
GeneralSpecialSchoolRevenueCapital
CurrentRevenueActivityESSERFProjectsTotal
ExpenseFundFundFundFundGovernmental
ASSETS AND DEFERRED OUTFLOWS OF RESOURCES
ASSETS
Cash and cash equivalents$14,012,905$1,722,712$705,895$ –$579,840$17,021,352
Taxes receivable, net774,651——–774,651
Food service receivable, net–98,341——98,341
Due from other governments:
PEIA allocation receivable 460,662 — — — — 460,662
Reimbursements receivable 9,604 540,822 — — 89,849 640,275
Total assets$15,257,822$2,361,876$705,895$ –$669,689$18,995,281
Deferred outflows of resources — — — — — —
Total deferred outflows
of resources — — — — — —
TOTAL ASSETS PLUS
DEFERRED OUTFLOWS
OF RESOURCES $15,257,822 $2,361,876 $705,895 $ — $669,689 $18,995,281
65
Special71
1161Revenue Special51
GeneralSpecialSchoolRevenueCapital
CurrentRevenueActivityESSERFProjectsTotal
ExpenseFundFundFundFundGovernmental
LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES
LIABILITIES:
Salaries payable &
related payroll liabilities $2,012,443 $247,764 $ — $ — $ — $2,260,207
PEIA premiums payable 586,000 94,917 — — — 680,917
Accounts payable &
Payable to others 68,451 — — — — 68,451
Total liabilities $2,666,894 $342,681 $ — $ — $ — $3,009,575
Deferred inflows of resources642,26898,341——740,608
Total deferred inflows
of resources642,26898,341——740,608
FUND BALANCES:
Restricted1,062,7981,920,854705,895–669,6894,359,236
Assigned4,268,479——–4,268,479
Unassigned6,617,382(0)0–(0)6,617,382
Total fund balances$11,948,660$1,920,854$705,895$–$669,689$15,245,098
TOTAL LIABILITIES,
DEFERRED INFLOWS
OF RESOURCES AND
FUND BALANCES $15,257,822 $2,361,875 $705,895 $– $669,689 $18,995,281
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 14,028,971
Right-of-use assets used in governmental activities are not financial resources and,
therefore are not reported in the funds570,678
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 740,609
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 877,536
Deferred inflows of resources related to pensions (278,955)
Deferred outflows of resources related to OPEB 73,828
Deferred inflows of resources related to OPEB (34,950)
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(316,666)
Bonds payable, due beyond one year(2,561,548)
Compensated absences(1,631,994)
Net pension liability – proportionate share (950,503)
Net OPEB liability – proportionate share 8,416
Finance lease liability, due within one year(70,798)
Finance lease liability, due beyond one year(162,099)
Net position of governmental activities $25,537,623
See Notes to Financial Statements
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
GOVERNMENTAL FUNDS
FYE JUNE 30, 2025
65
Special
11Revenue 7151
General61SchoolSpecialCapital
CurrentSpecialActivityRevenueProjectsTotal
ExpenseRevenueFundESSERFFundGovernmental
REVENUES:
Property taxes$12,308,093$ –$ –$ –$ –$12,308,093
Other Local sources924,352(80,721)682,203—-1,525,835State sources17,285,8211,187,624—- 239,65818,713,103
Federal sources340,0953,601,182–1,049,818–4,991,094
Total revenues$30,858,361$4,708,085$682,203$1,049,818$239,658$37,538,124
EXPENDITURES:
Instruction 16,401,449 1,635,336 764,042 42,515 — 18,843,342
Supporting services:
Students 2,130,283 226,355 — 6,026 — 2,362,664 Instructional staff 2,119,856 520,867 — 641,666 — 3,282,389
General administration453,915——–453,915
School administration 2,030,946 — — — — 2,030,946
Central Services 474,626 6,201 — — — 480,827
Operation and maintenance
of facilities 2,933,954 278,671 — 144,620 242,083 3,599,329
Student transportation 2,846,667 264,461 — — — 3,111,129
Food services — 2,409,118 — — — 2,409,118
Community services45,000——–45,000
Capital outlay 19,795 — — — — 19,795
Debt service:
Principal retirement306,666——–306,666
Interest and fiscal charges 38,967 — — — — 38,967
Finance Leases:
Principal payment expense68,042——–68,042
Interest Expense 17,812 — — — — 17,812
SBITAs:
Principal payment expense 34,414 — — — — 34,414
Total expenditures29,922,3915,341,010764,042834,826242,08337,104,352
Excess (deficiency) of revenues
over expenditures935,970(632,925)(81,839)214,991(2,425)433,772
Other financing sources (uses):
Proceeds from finance lease19,795——–19,795
Proceeds from SBITAs 34,414 — — — — 34,414
Transfers in87,627836,92762,620–300,0001,287,174
Transfers (out)(1,129,678)(94,877)(7,249)(55,370)–(1,287,174)
Total other financing
sources (uses) (987,842) 742,050 55,371 (55,370) 300,000 54,209
Net change in
fund balances (51,872) 109,125 (26,468) 159,621 297,575 487,981
Fund balances – beginning 12,000,532 1,811,729 732,363 (159,621) 372,114 14,757,117
Fund balances – beginning,
as restated 12,000,532 1,811,729 732,363 (159,621) 372,114 14,757,117
Fund balances – ending $11,948,660 $1,920,854 $705,895 $ — $669,689 $15,245,098
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, 2025
Net change in fund balances – total governmental funds $487,981
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(662,446)
Capital outlays1,006,804
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(73,252)
Capital outlays19,795
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(128,619)
Capital outlays34,414
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 receivable(441)
Operating Grants and Contributions29
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 (19,795)
A portion of the change in fund balances in the proceeds from SBITAs. Those proceeds
are not considered revenue items for the purpose of this statement. (34,414)
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.306,666
Differences in the ROU asset and accumulated amortization on ROU asset terminated
agreements are reported as a loss and reduction in net position in the statement of activities.
Right-of-Use assets terminated (11,970)
Accumulated amortization of assets terminated11,970
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 payable(337,959)
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 contributions273,266
Cost of benefits earned net of employee contributions(72,855)
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 contributions26,106
Cost of benefits earned net of employee contributions21,457
Finance Lease 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 finance lease payables decreased. 68,042
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. 34,414
Change in net position of governmental activities $949,193
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, 2025, 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, 2025
Salaries expenditures:
Board officials:
Aaron Close4,480
Charles Bergen4,640
Justin Litten4,640
John Rowland4,640
Laura Smith4,640
Superintendent 135,000
Total salaries paid to
other professional
personnel13,610,086
Total salaries paid to
service personnel4,895,367
Total salary
expenditures18,663,493
Non-salary expenditures:
2152 Gear 2,395
A.C.&T. Co., Inc. 201,901
A. Shiley
Fence LLC6,675
Advance Auto Parts 2,375
Advantage
Technology344,834
Adventure
Park-USA7,454
AED Superstore 1,133
Affiliated Parts 1,262
Agednet.com 465
Aircon
Engineering Inc.4,986
Alamo Drafthouse
Cinemas695
Allegheny Glass &
Mirror Svc. 2,108
Amazon.com 260,408
American Bankers
Ins. Co. of FL21,515
American Benefit
Corporation367,258
American
Red Cross1,636
Amtek Company 2,728
Appalachian Signals/
Products664
Apple Valley
Waste75,810
Apple, Inc. 15,657
Apptegy 12,642
Aramark at
Shepherd University340
ASR, Inc. 3,530
Assoc. for Career
& Tech Educ1,084
Automotive Lift
Service2,078
Balfour Company 760
Battery Mart 510
Beddow’s Septic
Service975
Berkeley Club
Beverages, Inc.6,625
Berkeley County
Schools70,650
Berkeley Glass Ltd. 9,773
Berkeley Springs
Auto Parts10,233
Berkeley Springs
High School18,271
Berkeley Springs
Water Works49,705
Best Life
Therapy, LLC108,316
Best Western 2,853
Bigger Faster
Stronger486
Bingaman Lawn
Service51,375
Black Bear Resort 612
BlackCat
Music Shop1,798
Blackwater Falls
State Park840
Blinds.com 330
Bliss Ventures LLC 5,525
Blue Bird of
Pittsburgh, Inc.279,059
Blue Ridge CTC 2,187
Bob’s Tire Service 3,081
Boland HVAC 11,415
Booth, Adam J. 1,265
Boundtree 900
Boys & Girls Club
of E. Panhandle2,947
Brad’s Fuel
Filtering2,200
Brainpop 2,732
BSN Sports 9,413
BTM CPA’s 6,900
Bug Man LLC 27,791
Bulk Apparel.com 908
Bulk Book Store 2,102
Bytespeed 33,240
Cambria Hotel 556
Camcor, Inc. 866
Camp Frame
4-H Assoc. Inc.3,700
Canaan Valley
Resort434
Capturing Kids
Hearts45,400
Career Safe LLC 512
CDWG 50,078
Central Elevator
Inspection720
Central Maryland
Intl.12,969
Central Restaurant
Products2,665
Certiport 1,295
CEV
Multimedia, LLC,8,763
Chambers
Chiropractic5,702
Charleston
Newspapers443
Cheersounds 386
Chef’s Deal 24,000
Ckitchen 1,959
Class Creator 1,168
Classlink 9,934
Clearfly 2,453
CLK Supplies 2,415
CMTA Energy
Solutions141,674
CNB Bank Inc. 66,666
College
Board AP1,300
Colt Plumbing
Company, Inc.304
Column 340
Comfort Central Inc. 3,068
Cornwell/Appalachian
TLS LLC2,397
Country Meats 7,552
Crisis Prevention
Inst. Inc.5,449
Cummins Inc. 2,490
Curriculum
Associates, Inc.178,142
Cxtec 6,390
Cybersoft
Technologies Inc.1,668
Data Image 1,158
Dave & Busters 2,110
Dawson’s Ace
Hardware14,754
Daycon 80,525
Days Inn 2,857
Decker
Equipment3,914
Dell Computer
Corporation9,857
Demco Inc. 515
DEP-AST
Program520
Dick Blick 7,127
Dinsmore &
Shohl, LLP7,480
Dirsec LLC 65,720
Disney’s Corodado
Springs3,897
District Management
Group975
DMV-CDL
Program438
Document
Solutions Inc.11,960
Dollar General 391
Dollywood Parks
& Resorts2,202
Double Tree 515
Dramatists Play
Service Inc.1,061
Dropbox Inc. 525
Eastern Air
Balance Corp.3,000
Eastern Elevator
Service2,878
Easy Group LLC 1,602
EBay 2,678
Edmentum 42,500
Education System
Solutions1,600
Educators
Handbook1,097
Embassy Suites 2,113
Enabling Devices 1,357
Encova Insurance 149,896
Enterprise
Rental Car733
Epic 716,092
Epic
Communications, Inc.23,859
ESGI
Software.com.1,735
Everbank Commercial
Finance1,457
Ewell Educational
Svcs.390
Explore Learning 10,020
Extreme By
Design834
Fairfield Inn 1,582
Final Touch 20,882
Fire-X Sales &
Service Corp.9,107
First Citizens
Bank & Trust75,413
Fit Learning
Consulting LLC4,500
Fleetsoft LLC 6,335
Flinn Scientific Inc. 443
Flocabulary 284
FMX 4,749
Follett School
Solutions7,007
Follett Software
LLC4,419
Foltz Manufacturing
Company787
Food Lion, Inc. 7,273
Foundation Bldg.
Materials269
Four Points 657
Fox’s Pizza Den 350
Franklin Covey 1,450
Fredericktowne
Labs, Inc.2,356
Freightliner 5,309
Frontier 43,665
Frontier
West Virginia Inc.85,140
Fundraising.com 876
Fyffe Jones
Group, AC16,960
Generation
Genius, Inc.2,193
Glenville Inn 449
Global Recovery
Services5,000
Gordon Food
Service789,209
Goto Technologies
USA Inc.1,880
Grant County
Mulch5,433
Green Valley
Book Fair10,948
Greenbrier
Dairy, LLC3,644
Greenhouse
Megastore1,805
H.N. Funkhouser
& Company3,678
Hagerstown Flying
Boxcars900
Hagerstown Ford 297
Hagerstown Paint
& Glass Co.10,728
Hagerstown Spring
& Alignment2,052
Haines, Karen B. 1,800
Hampton Inn 6,699
Hand2Mind, Inc. 12,741
Harbel, Inc. 121,695
Harbor Freight
Tools1,148
HD Media Co., LLC 443
Heggerty 1,368
Heinemann 15,003
Hershey Park 1,405
Hershey’s
Ice Cream5.335
Highlights for
Children280
Holiday Inn 11,577
Home Depot, The 2,434
Hoover, Megan 15,825
Houghton Mifflin
Harcourt27,841
HPS 3,275
Hubert 1,626
Hudson Lock 427
Hunter’s Hardware, Inc. 5,930
Hyatt 2,156
Hyde Bros.
Printing & Marketing1,463
Hydrair Balance
Co. Inc.975
ID Enhancements 503
Idemia/Safran/
Identogo503
Imagine Learning/
Edgenuity23,410
Incident IQ LLC 17,882
Instructional
Empowerment441,905
International
E-Z Up1,144
Inter-State
Studio1,570
Iridescent
Jellyfish LLC797
Iron Mountain 2,600
IRS 1,362,497
Ivy Garth Seeds
& Plants Inc.252
James and Law
Company1,467
Jefferson
Rentals2,997
Joe Corbi Pizzas 755
Johnson Controls
Fire Prtcn.10,187
Jones School
Supply2,206
Jotforms Inc. 474
Jumbo’s Pumpkin
Patch920
Just
Fundraising.com716
K&N Concrete LLC 24,990
Kanopi By
Armstrong3,081
Kaseya US LLC 11,507
Katom Restaurant
Supply Inc.9,739
Kev Group Inc. 5,467
Keystone State
Camps2,440
Kilmer’s Farm
Market119,017
Kimball Midwest 485
Kurtz Brothers 5,154
Lakeshore Learning
Materials2,356
Leaf 1,483
Learning
Without Tears3,636
Lexia Learning 33,974
Lind, Mary 500
Linde Gas &
Equipment7,360
Literati Inc. 2,547
Little Learner’s
Village, LLC8,453
Lowe’s 507
Magnatag Visible
Systems372
Malatt, Brian D. 1,800
Managed Methods 9,036
Mansfield Oil
Company1,790
Marriott Hotels 16,380
Martin’s Food
Markets 851
Martinsburg Service
Center23,809
Maryland Pipe &
Supply Co., Inc.9,092
Matheny Motor
Truck Co.15,991
McGraw-Hill
Publishing127,793
Medieval Times 803
Microtel 254
Mid Atlantic
Petroleum Svcs.613
Midnight Magic
Productions450
Midway Bowl 744
Midwest Clinic.org 255
Minghini Gen.
Contractors Inc.297,101
Mobymax LLC 2,495
Monday 720
Morgan Arts
Council4,313
Morgan County
Commission32,202
Morgan County
Partnership40,707
Morgan County
Public Library27,000
Morgan
Messenger, The12,051
Mosyle Corporation 4,164
Mountain State Educ.
Svc. Corp.1,000
Mountain State
Rehab Inc.61,575
Mr. Hardware 289
Mussun Sales Inc. 385
My Tee Creations 12,426
Mystery
Science Inc.3,694
NASSP 1,761
National FFA 1,825
National Locksmith
Institute1,595
National Profess’l
Resources372
National
School Forms541
National Union Fire
Ins. Co.714
Nat’l Council for
Soc. Studies250
Nearpod 3,080
Neola, Inc. 3,745
Network Craze
Technologies2,454
Network Solutions 772
Noregon
Systems Inc.590
Nutrislice, Inc. 5,496
Obitco 3,696
Office Environmental
Health963
Oglebay Wilson Lodge 939
Oliver Packaging 305
Oracle Elevator 3,468
Oriental Trading
Company835
Orr’s Farm Market 462
Owayo Inc. 2,366
Parchment LLC 1,029
Park Place
Technologies55,065
Parts & More Inc. 1,503
Partstown 438
Paw Paw
Elementary School3,500
Paw Paw
High School4,450
Paw Paw
Public Library18,000
Pearson
Assessments2,208
Pentoney Brothers
Contracting4,125
Pepper, J.W. 1,343
Pioneer
Valley Books352
Pitney Bowes 9,678
Pleasant View
Elementary3,120
PLTW.org 2,235
Plush In a Rush 505
Poca
Valley Bank278,967
Positive
Promotions1,589
Postmaster –
Berkeley Springs799
Potomac Edison 711,652
Potomac Farms
Dairy122,113
Potomac Valley
Audubon Society3,600
Powerschool
Group LLC21,188
Presentation
Solutions Inc.5,663
Pro-Ed, Inc. 1,907
Project Lead
the Way, Inc.2,696
Quickbooks 1,059
Quill Corporation 4,960
R.M. Huffman
Company50,897
Rebel Athletic Inc. 4,975
Red Pup LLC 1,617
Regional Fire
Protection48,786
REI 3,014
Residence Inn 5,240
Resilite Sports
Products540
Retiree Health
BenefitTrust35,843
Rice Tire
Company11,852
Ripple Effects 2,833
Roberts Oxygen
Company, Inc.1,298
Rochester 100 Inc. 256
Rogers Athletic
Company Inc.4,587
RTC Manufacturing 23,907
Sam’s Club 9,107
Sangiovanni, John 2,500
Save-A-Lot 472
Savvas Learning
Co., LLC17,313
SB & Son
Contracting1,860
Scholastic
Books Fairs1,479
Scholastic Inc. 6,159
School Cash
Supplies1,219
School Datebooks 1,615
School Mate 1,216
School Nurse
Supply Inc.9,325
School Outfitters 3,714
School Specialty
Company1,042
Scott Electric
Company18,555
Securly Inc. 3,775
Seeds of
Grace Acres855
Shade
Equipment Co.9,167
Share Corp. 17,150
Shed Custom
Creations3,513
Sign Here 4,137
Sky Zone 1,440
Sleep Inn 3,819
Smart Horizons 1,125
Smith-
Nadenbousch Ins.1,581
Smithsonian
Enterprises4,408
Smithsonian’s
National Zoo270
Snow Riders 2,960
Snyder Environmental
Svcs.12,392
Solarwinds 800
Source4 658
Sourcewell 6,354
Southern Refrigeration
Corp.42,663
Southwest
Airlines2,036
Sports Shoppe 1,035
Sprigeo Inc. 1,650
Stanley Access
Technology380
Staples Advantage 21,556
Star Theatre 2,860
Starting Points 5,000
State Fire Marshal 1,068
Stonewall Resort 2,529
Studies Weekly 10,118
Sunbelt
Rentals Inc.19,151
Super Duper Inc. 480
Superior Cooling
Systems1,051
Survey Monkey 496
Sweetwater
Sound Inc.468
Taylors Environmental
Svcs.1,969
Teach Town Inc. 4,745
Teaching
Strategies LLC 11,641
Technical Hot
& Cold457
The Art of
Educ. University3,773
The Country Inn 1,230
The Kennedy Center 552
The Learning
Internet Inc.2,055
The Secret Stories 511
Thegluv Athletics Inc. 1,035
Therapy Notes 5,488
Thos.
Somerville Co.25,894
Tilt Studio 1,517
TNT Small
Engine Repair625
Toledo Physical
Educ. Supply648
Tool Up 315
Top Quality Gloves 3,395
Town of Bath 2,517
Town of
Paw Paw, WV5,508
Towneplace Suites 344
Tractor Supply 9,295
Trafera 275,138
Transfinder 8,000
Trophies Plus 266
Truck Enterprises
Hagerstown4,115
Typenex 2,093
UHS Hardware 17,387
Uline 4,251
United Airlines 2,590
United Bankcard
Center9,915
US Cellular 5,702
US Silica 895
USI Education
Sales851
Valicor Environmental
Svcs.1,126
Varitronics LLC 893
Varsity Travel 7,200
Vector Solutions 10,515
Ventris Learning 602
Victory Cheer
Uniforms3,564
Virco Manufacturing
Co.2,054
Virginia Tech 300
Virtual Prep
Academy of WV32,875
Voxcom Solutions 35,407
Vrobi Sports LL 3,060
Walmart, Inc. 2,843
Warm Springs Public
Service District32,299
Warm Springs
Intermediate
School10,409
Warm Springs
Middle School14,800
Warther
Woodworking Gifts736
Waste Management 259
Wayne’s Garage 450
Webstaurant 8,036
Weiss Brothers of
Hagerstown, Inc.5,852
Weissmann Dance 912
Widmyer
Elementary10,400
Williamson
Shriver Architects179,221
WV Adjutant
General12,475
WV ASBO 465
WV Assoc. Schl.
Facilities Adm.400
WV Assoc./School
Administrators1,100
Wv Autism Center 750
WV Consolidated
Public Ret. Board288,665
WV Department
of Education10,180
WV Dept. of
Agriculture64,285
WV Dept. of
Education2,068
WV DHHR-BPH 1,055
WV Division of
Labor276
WV Farm Bureau
Foundation6,225
WV FFA 1,295
WV Harvest 18,073
WV Interactive LLC 400
WV Public Employee
Ins. Agency478,089
WV Public Svc.
Training555
WV School Boards
Assoc. 7,207
WV State Auditor 1,357
WV State Board of
Risk & Ins. 248,427
WV State Police 780
WV Virtual
Academy11,552
Wyndham Hotels 2,236
YMCA 306
ZLabs-Scuta 1,925
Zoho Corp. 8,400
Zonar 1,060
Zones LLC 96,985
Zoom Video
Communications Inc.715
Zoro 4,718
Total non-salary expenditures
paid in excess of
two hundred fifty
dollars ($250)11,857,409
FERPA protected expenditures
paid in excess of
two hundred fifty
dollars ($250)68,248
Total non-salary expenditures
paid less than
two hundred fifty
dollars ($250)22,080
Total expenditures for
school activities771,291
Total non-salary
expenditures12,719,028
Total expenditures
before For/On
Behalf of LEA 31,382,521
Public Employees
Insurance Agency
Allocation Paid
by State2,416,004
Retirement Allocation
Paid by State 955,724
Unfunded Retirement
Liability Allocation
Paid by State2,350,103
Total expenditures
per financial
statements37,104,352
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, 2025 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 17th day of September, 2025.
My commission expires on the 1st day of May, 2029.
Michelle A. Sirbaugh
Notary Public
9-24-1tm