Legal 6X14”
0512 0519
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2019
STATE OF WEST VIRGINIA,
GREENBRIER COUNTY, to wit:
In accordance with West Virginia 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 a levy of taxes for the 2019 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) $ 8,858,320
Other local sources 302,000
State Sources:
State aid to schools 20,023,870
Other unrestricted 6,683,370
Federal sources:
Unrestricted 440,000
Miscellaneous sources 210,000
Total estimated revenues 36,517,560
Estimated transfers in and other financing sources
Estimated beginning balance 600,000
Total estimated revenues, other financing sources, and beginning balance
$ 37,117,560
Estimated expenditures:
Instruction $ 20,714,800
Supporting services:
Students 583,740
Instructional staff 282,100
Central administration 822,690
School administration 2,843,010
Central services 365,840
Operation and maintenance of facilities 6,752,760
Student transportation 3,513,490
Food services –
Community services 57,200
Capital outlay
Debt service:
Principal retirement
Interest and fiscal charges
Total estimated expenditures 35,935,630
Total estimated transfers and other financing uses 1,100,000
Estimated budgetary reserves 81,930
Total estimated expenditures, other financing uses, and reserves
$ 37,117,560
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2019
EXCESS LEVY FUND
Estimated revenues:
Local Sources:
Property taxes (Net of allowances) $ 6,260,170
Other local sources –
State Sources:
State aid to schools –
Other unrestricted –
Federal sources:
Unrestricted –
Miscellaneous sources
Total estimated revenues 6,260,170
Estimated transfers in and other financing sources
Estimated beginning balance –
Total estimated revenues, other financing sources, and
beginning balance $ 6,260,170
Estimated expenditures:
Instruction $ 3,422,330
Supporting services:
Students 48,000
Instructional staff 131,480
Central administration –
School administration –
Central services –
Operation and maintenance of facilities 2,025,930
Student transportation 632,430
Food services –
Community services –
Capital outlay –
Debt service
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 6,260,170
Total estimated transfers and other financing uses –
Estimated budgetary reserves –
Total estimated expenditures, other financing uses, and reserves $ 6,260,170
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2019
DEBT SERVICE FUND
Estimated revenues:
Local sources:
Property Taxes (Net of allowances) $ 3,355,350
Other local sources –
Miscellaneous sources
Total estimated revenues 3,355,350
Estimated transfers in and other financing sources
Estimated beginning balance
Total estimated revenues, transfers and beginning balance $ 3,355,350
Estimated expenditures:
Debt service $ 3,355,350
Total estimated expenditures 3,355,350
Total estimated transfers and other financing uses
Total estimated expenditures and other financing uses $ 3,355,350
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2019
CAPITAL PROJECTS FUND
Estimated revenues:
Local Sources $ 500,000
State Sources:
State aid to schools –
Other 4,000,000
Federal sources –
Miscellaneous sources
Total estimated revenues 4,500,000
Estimated transfers in and other financing sources –
Estimated beginning balance
Total estimated revenues, other financing sources, and
beginning balance $ 4,500,000
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 4,500,000
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 4,500,000
Total estimated transfers and other financing uses –
Total estimated expenditures and other financing uses $ 4,500,000
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2019
SPECIAL REVENUE FUND
Estimated revenues:
Local Sources $ 39,230
State Sources:
State aid to schools 1,855,470
Other 519,250
Federal sources –
Miscellaneous sources 7,350,620
Total estimated revenues 9,764,570
Estimated transfers in and other financing sources 965,000
Estimated beginning balance
Total estimated revenues, other financing sources, and
beginning balance $ 10,729,570
Estimated expenditures:
Instruction $ 6,530,450
Supporting services:
Students 5,490
Instructional staff 242,110
Central administration –
School administration –
Business –
Operation and maintenance of facilities –
Student transportation 468,760
Food services 3,482,760
Community services –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 10,729,570
Total estimated transfers and other financing uses –
Total estimated expenditures and other financing uses $ 10,729,570
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2019
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 21st day of May, 2018.
Please note: The preliminary operating budget for 2018-2019 is available for public inspection at the Board of Education Office. The Board will meet on May 21, 2018, at 1:00 p.m. for a public hearing on the proposed budget. This meeting will be held at the Board of Education Office, 197 Chestnut Street, Lewisburg, WV.