RANDOLPH COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2017
STATE OF WEST VIRGINIA,
RANDOLPH COUNTY, to wit:
In accordance with West Virginia Code Section 11-8-12 as amended, the Randolph County Board of Education proceeded to make an estimate of the amounts necessary to be raised by a levy of taxes for the 2017 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) $ 7,102,271
Other local sources 96,500
State Sources:
State aid to schools 23,729,557
Other unrestricted 1,732,035
Federal sources:
Unrestricted 485,000
Miscellaneous sources 550,000
Total estimated revenues 33,695,363
Estimated transfers in and other financing sources
Estimated beginning balance 425,000
Total estimated revenues, other financing
sources, and beginning balance $ 34,120,363
Estimated expenditures:
Instruction $ 20,744,290
Supporting services:
Students 1,311,209
Instructional staff 408,456
Central administration 684,831
School administration 2,556,519
Central services 398,461
Operation and maintenance of facilities 3,651,669
Student transportation 2,805,307
Food services
Community services 197,462
Capital outlay
Debt service:
Principal retirement
Interest and fiscal charges
Total estimated expenditures 32,758,205
Total estimated transfers and other financing uses 1,060,666
Estimated budgetary reserves 301,492
Total estimated expenditures, other
financing uses, and reserves $ 34,120,363
RANDOLPH COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2017
SPECIAL REVENUE FUND
Estimated revenues:
Local Sources $
State Sources:
State aid to schools
Other 3,812,873
Federal sources 2,993,182
Miscellaneous sources
Total estimated revenues 6,806,055
Estimated transfers in and other financing sources 1,060,666
Estimated beginning balance
Total estimated revenues, other financing
sources, and beginning balance $ 7,866,721
Estimated expenditures:
Instruction $ 981,866
Supporting services:
Students 10,750
Instructional staff 65,975
Central administration 0
School administration
Business
Operation and maintenance of facilities
Student transportation 238,109
Food services 3,051,467
Community services
Capital outlay
Debt service:
Principal retirement
Interest and fiscal charges
Total estimated expenditures 4,348,167
Total estimated transfers and other financing uses 3,518,554
Total estimated expenditures
and other financing uses $ 7,866,721
RANDOLPH COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2017
STATE OF WEST VIRGINIA,
Randolph County, to wit:
I, Pamela S. Hewitt, Secretary of the Randolph 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 24th day of May, 2016.
Pamela S. Hewitt
Secretary of the Board of Education
5/24, 5/31