FAYETTE COUNTY, WEST VIRGINIA, BOARD OF EDUCATION
STATEMENT OF NET POSITION
FYE JUNE 30, 2019
Governmental
Activities
ASSETS AND DEFERRED OUTFLOWS OF RESOURCES
Assets:
Cash and cash equivalents $20,214,585
Taxes receivable, net of allowance for uncollectible taxes 296,079
Deposit with Retirement Board 48,966
Other receivables 8,894,891
Prepaid Workers’ Compensation 78,820
Due from other governments:
State aid receivable 325,179
PEIA allocation receivable 968,180
Capital Assets:
Land 159,213
Land improvements 167,773
Buildings and improvements 54,372,454
Furniture and equipment 25,049,365
Vehicles 9,182,665
Construction in process 36,076,250
Less accumulated depreciation (58,681,073)
Total capital assets, net of depreciation 66,326,646
Total assets 97,153,346
Deferred outflows of resources:
Pension 5,239,531
Other post employment benefit (OPEB) 4,627,770
Total deferred outflows of resources 9,867,301
Total assets and deferred outflows of resources $107,020,647
LIABILITIES, DEFERRED OUTFLOWS OF RESOURCES, AND NET POSITION
Liabilities:
Salaries payable and related payroll liabilities $2,170,592
PEIA premiums payable 1,292,092
Compensated absences 278,983
Accounts payable 2,282,871
Long-term obligations:
Due within one year:
Bonds, capital leases, and contracts 722,470
Accrued interest 153,675
Due beyond one year:
Bonds, capital leases, and contracts 17,574,391
Net pension liability – Proportionate Share 3,242,714
Net other post employment benefit (OPEB) liability – Proportionate Share 5,802,888
Total liabilities 33,520,676
Deferred inflows of resources:
Pension 2,780,671
Other post employment benefit (OPEB) 772,657
Total deferred inflows of resources 3,553,328
Total liabilities and deferred inflows of resources $37,074,004
Net Position:
Net Investment in Capital Assets 48,029,786
Restricted for:
Special projects 1,984,195
Capital projects 15,647,744
Unrestricted 4,284,922
Total net position $69,946,647
See Notes to Financial Statements
FAYETTE COUNTY, WEST VIRGINIA, BOARD OF EDUCATION
STATEMENT OF ACTIVITIES
FYE JUNE 30, 2019
Net (Expense),
Revenue &
Program Revenues Changes
Charges Operating Capital in Net Assets
for Grants and Grants and Governmental
Functions Expenses Services Contributions Contributions Activities
Governmental activities:
Instruction $39,429,266 $2,990,257 $5,594,137 $11,224,909 $(19,619,963)
Supporting services:
Students 2,998,621 227,411 425,438 853,662 (1,492,110)
Instructional staff 3,499,615 265,406 496,518 996,287 (1,741,404)
General administration 1,308,699 99,250 185,675 372,567 (651,207)
School administration 3,614,234 274,098 512,779 1,028,917 (1,798,440)
Central services 1,475,362 111,889 209,321 420,013 (734,139)
Operation and maintenance
of facilities 6,755,849 512,353 958,505 1,923,287 (3,361,704)
Student transportation 6,735,917 510,842 955,677 1,917,613 (3,351,785)
Food services 4,399,593 – – – (4,399,593)
Community services 59,500 – – – (59,500)
Interest on long-term debt 578,243 – – – (578,243)
Total governmental activities 70,854,899 4,991,506 9,338,050 18,737,255 (37,788,088)
General revenues:
Property taxes 18,834,540
Unrestricted state aid 43,124,287
Unrestricted grants and contributions 1,558,591
Gain (loss) on disposal of capital assets (1,990,159)
Transfers in 4,949,253
Transfers (out) (4,949,253)
Total general revenues, extraordinary items and transfers 61,527,259
Change in net position 23,739,171
Net position – beginning 46,207,476
Net position – ending $69,946,647
See Notes to Financial Statements
FAYETTE COUNTY, WEST VIRGINIA, BOARD OF EDUCATION
BALANCE SHEET – GOVERNMENTAL FUNDS
FYE JUNE 30, 2019
11 61 51
General Special Capital
Current Revenue Projects Total
Expense Fund Fund Governmental
ASSETS AND DEFERRED OUTFLOWS OF RESOURCES
Assets:
Cash and cash equivalents $14,079,392 $- $6,135,192 $20,214,585
Taxes receivable, net 296,079 – – 296,079
Deposit with Retirement Board 48,966 – – 48,966
Prepaid Workers’ Comp 78,820 – – 78,820
Other receivables 435,943 1,201,286 7,257,662 8,894,891
Due from other governments:
State aid receivable 325,179 – – 325,179
PEIA allocation receivable 968,180 – – 968,180
Due from other funds – 1,307,084 3,428,386 4,735,470
Total assets 16,232,559 2,508,370 16,821,240 35,562,169
Deferred outflows of resources – – – –
Total deferred outflows of resources – – – –
TOTAL ASSETS PLUS DEFERRED
OUTFLOWS OF RESOURCES $16,232,559 $2,508,370 $16,821,240 $35,562,169
LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES
Liabilities:
Salaries payable and related
payroll liabilities $2,170,592 $- $- $2,170,592
PEIA premiums payable 1,125,259 166,833 – 1,292,092
Accounts payable & Payable
to others 752,033 357,342 1,173,496 2,282,871
Due to other funds 4,735,470 – – 4,735,470
Total liabilities 8,783,354 524,175 1,173,496 10,481,025
Deferred inflows of resources (67,827) – – (67,827)
Total deferred inflows of resources (67,827) – – (67,827)
Fund Balances:
Nonspendable 127,786 – – 127,786
Restricted 2,529,206 1,984,195 15,647,744 20,161,144
Assigned 4,616,972 – – 4,616,972
Unassigned 243,068 – – 243,068
Total fund balances 7,517,032 1,984,194 15,647,744 25,148,970
TOTAL LIABILITIES, DEFERRED
INFLOWS OF RESOURCES AND
FUND BALANCES $16,232,559 $2,508,369 $16,821,240 $35,562,168
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 66,326,646
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 (67,827)
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 5,239,531
Deferred inflows of resources related to pensions (2,780,671)
Deferred outflows of resources related to OPEB 4,627,770
Deferred inflows of resources related to OPEB (772,657)
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
Accrued interest (153,675)
Capital leases payable (18,296,860.52)
Compensated absences (278,983)
Net pension liability – proportionate share (3,242,714)
Net OPEB liability – proportionate share (5,802,888)
Asset Retirement Obligation (ARO) Liability –
Net position of governmental activities $69,946,642
See Notes to Financial Statements
FAYETTE COUNTY, WEST VIRGINIA, BOARD OF EDUCATION
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES – GOVERNMENTAL FUNDS
FYE JUNE 30, 2019
11 61 51
General Special Capital
Current Revenue Projects Total
Expense Fund Fund Governmental
Revenues:
Property taxes $20,015,531 $- $- $20,015,531
Other Local sources 1,558,591 23,571 525,520 2,107,682
State sources 44,583,423 4,220,312 17,659,943 66,463,678
Federal sources 1,055,398 9,582,066 – 10,637,464
Total revenues 67,212,943 13,825,948 18,185,463 99,224,354
Expenditures:
Instruction 36,619,107 6,618,863 33,154 43,271,124
Supporting services:
Students 2,419,869 722,458 – 3,142,327
Instructional staff 1,187,627 1,881,604 – 3,069,231
General administration 1,478,917 174 (1,358) 1,477,733
School administration 4,297,085 – – 4,297,085
Central Services 1,597,914 5,800 – 1,603,714
Operation and maintenance
of facilities 7,875,533 – 110,086 7,985,619
Student transportation 6,837,884 711,657 – 7,549,541
Food services 51,215 4,141,564 – 4,192,779
Community services 59,500 – – 59,500
Capital outlay 220,772 – 27,651,964 27,872,737
Principal retirement 706,550 – – 706,550
Interest and fiscal charges 356,999 – 243,765 600,763
Total expenditures 63,708,973 14,082,120 28,037,612 105,828,705
Excess (deficiency) of revenues
over expenditures 3,503,970 (256,171) (9,852,149) (6,604,350)
Other financing sources (uses):
Transfers in 160,724 718,226 4,070,303 4,949,253
Transfers (out) (4,797,685) (151,568) – (4,949,253)
Total other financing sources (uses) (4,636,961) 566,658 4,070,303 –
Net change in fund balances (1,132,991) 310,487 (5,781,846) (6,604,350)
Fund balances – beginning 8,650,023 1,673,707 21,429,590 31,753,320
Prior period adjustments – (See Note __) – – – –
Fund balances – beginning, as restated 8,650,023 1,673,707 21,429,590 31,753,320
Fund balances – ending $7,517,032 $1,984,194 $15,647,744 $25,148,970
See Notes to Financial Statements
FAYETTE COUNTY, WEST VIRGINIA, BOARD OF EDUCATION
RECONCILIATION OF THE STATEMENT OF REVENUES,
EXPENDITURES, AND CHANGES IN FUND BALANCES OF
GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FYE JUNE 30, 2019
Net change in fund balances – total governmental funds $(6,604,350)
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 (2,684,178)
Capital outlays 30,226,179
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 (1,180,991)
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.
706,546
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 (1,990,159)
Accumulated depreciation of assets disposed –
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 25,722
Interest on long-term debt in the statement of activities differs from the amount reported in the governmental funds because interest is recognized as an expenditure in the funds when it is due, and thus requires the use of current financial resources. In the statement of activities, however, interest expense is recognized as the interest accrues, regardless of when it is due. 22,520
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 contributions 498,390
Cost of benefits earned net of employee contributions 2,715,920
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 contributions 77,078
Cost of benefits earned net of employee contributions 1,926,489
Change in net position of governmental activities $23,739,166
FAYETTE COUNTY BOARD OF EDUCATION
SUPPLEMENTAL SCHEDULE OF EXPENDITURES
FOR THE FISCAL ENDED JUNE 30, 2019
Salaries expenditures:
Board officials:
James P. Gray $6,240
John D. McGuffin 6,240
Gary W. Ray 6,080
Stephen G. Slockett 6,240
Marion G. Tanner 6,080
Superintendent
Terry George 134,500
Total salaries paid to other professional personnel 29,889,860
Total salaries paid to service personnel 9,740,338
Total salaries paid to students for work performed –
Total salary expenditures 39,795,578
Non-salary expenditures:
Expenditures paid in excess of two hundred fifty dollars ($250):
(List the name of each firm, corporation and person to whom more than two hundred fifty dollars
($250) in the aggregate from all funds was paid during the fiscal year, together with the aggregate
amount paid and the purpose for which paid.)
Total non-salary expenditures paid in excess of two hundred fifty dollars ($250) 23,882,884 Total non-salary expenditures paid of less than two hundred fifty dollars ($250) 15,493
Total accrued expenditures, refunds, and other non-cash transactions 42,134,750
Total non-salary expenditures 66,033,127
Total expenditures per financial statements $105,828,705
Fayette County Board of Education
Vendor Payments Greater Than $250
For the Fiscal Year Ended June 30, 2019
ABC SCHOOL SUPPLY $2,856
ACT INC 624
ASSOCIATION FOR SUPERVISION 11,686
AT&T 296
A & W SANITATION INC 18,673
A PLACE TO GROW 150,076
ACADEMIC THERAPY PUBLICATIONS 473
ACTION PRINTING & SERVICES 2,845
AIRGAS MID AMERICA 15,700
DAVE GLEN THAT RADIO GUY 350
AMAZON 10,006
AMERICAN CAMPERS 2,306
AMSTERDAM PRINTING & LITHO 606
ANSMAR PUBLISHERS INC 3,326
ANSTED ELEMENTARY 3,400
ANSTED MIDDLE SCHOOL 3,800
ANSTED SEWER DEPARTMENT 4,795
APPALACHIAN OFFICE PRODUCTS 127,310
APPALACHIAN POWER 941,323
APPALACHIAN TIRE PRODUCTS 69,587
APPERSON 281
APPLE INC 34,373
ARIES TECHNOLOGY INC 3,900
ASHLOCK CONSULTING INC 53,862
ASSOCIATION FOR SUPERVISION 1,485
ASTAR ABATEMENT INC 1,770
B & B GLASS INC 1,140
B & H PHOTO-VIDEO-PRO AUDIO 9,513
BJW PRINTING & OFFICE SUPPLIES 24,066
BMI EDUCATIONAL SERVICES INC 980
BSN 332
BALL OIL COMPANY INC 196,133
BAND SHOPPE 2,982
CITY OF BECKLEY 604
BECKLEY NEWSPAPERS 21,799
BECKLEY NEWSPAPERS 3,473
BECKLEY WELDING SUPPLY 8,821
BENEFIT ASSISTANCE CORPORATION 96,613
BEST BUY GOV LLC 1,628
BLUE BIRD BUS SALES 22,850
BOOKS-A-MILLION INC 4,433
BOWLES RICE LLP 57,924
BREWER & CO OF WV INC 8,505
BROWN FOODSERVICE INC 996
BROWN REPORTING AGENCY 702
BUREAU OF EDUCATION & RESEARCH 859
B E PUBLISHING 385
C ADAM TONEY DISCOUNT TIRES 23,851
CCP INDUSTRIES INC 896
CDW GOVERNMENT 356,220
C W PUBLICATIONS 411
CABELA’S CORPORATE SALES 430
CAROLINA BIOLOGICAL SUPPLY 13,503
CARNEGIE LEARNING INC 71,182
CASTO & HARRIS INC 1,112
CASTO TECHNICAL SERVICES 292,039
CEDAR POINT 2,522
CENTRAL PRINTING COMPANY 10,720
CENTRAL RESTAURANT PRODUCTS 8,975
CERTIPORT 1,881
CHAD’S WRECKER & RECOVERY 250
CHANNING BETE COMPANY INC 1,504
CHARLESTON ACOUSTICS INC 1,985
CHARLESTON NEWSPAPERS 7,933
CHICK-FIL-A BECKLEY GALLERIA 2,959
CHILDCRAFT EDUCATION CORP 1,696
CITY OF OAK HILL 51,420
CLASSROOM DIRECT 1,672
CLAY CENTER FOR THE ARTS 750
COASTAL PUBLISHING GROUP INC 587
COLE TRUCK PARTS INC 2,188
AP EXAMS 33,570
COLLINS MIDDLE SCHOOL 10,500
COMPTON OFFICE MACHINE LLC 875
CONCORD UNIVERSITY 11,119
CONRAD & CONRAD 2,183
CONTINENTAL PRESS INC 1,679
COOLE SCHOOL 655
CRISIS PREVENTION INSTITUTE 6,527
CROOK BROTHERS 241,627
CROWN AWARDS INC 304
CROSIER’S SANITARY SERVICE INC 11,916
DANESE CHRISTIAN SCHOOL 2,250
DAVE’S SANITATION SERVICE INC 19,830
DENNLER’S FENCING LLC 1,150
WV DIVISION OF NATURAL 304
BLICK ART MATERIALS 4,630
DISCOUNT SCHOOL SUPPLY 634
DISCOVERY EDUCATION 1,200
DIVIDE ELEMENTARY 3,400
DIXIE CHOPPER COMMERCIAL 22,002
DOMINO’S PIZZA 783
EMEDCO 331
ESM SOLUTIONS CORPORATION 12,422
EDUCATIONAL FUNDING GROUP INC 13,500
ELECTRONIC SPECIALTY CO 1,939
EAI EDUCATION 412
EVERBIND/MARCO BOOKS 674
FAMILY MEDICAL KARE 630
FAYCO LUMBER & SUPPLY CO INC 4,619
FAYETTE AWNING & GLASS INC 14,347
FAYETTE COUNTY CHILD 481,072
CLERK OF FAYETTE COUNTY 372
FAYETTE COUNTY COMMISSION 10,000
FAYETTE COUNTY COMMISSION 101,948
FAYETTE COUNTY HEALTH DEPT 9,000
FAYETTE COUNTY NATIONAL BANK 1,081,500
FAYETTE CO PUBLIC LIBRARIES 26,500
SHERIFF OF FAYETTE COUNTY 60,740
FAYETTE INSTITUTE OF 6,191
FAYETTEVILLE ELEMENTARY 5,200
FAYETTEVILLE HIGH SCHOOL 6,200
TOWN OF FAYETTEVILLE 2,375
FISHER SCIENTIFIC 1,430
FITNESS FINDERS INC 1,514
FLEETPRIDE INC 16,976
FLINN SCIENTIFIC INC 5,004
NEW RIVER PIGGLY WIGGLY 1,166
BUD FOX’S BODY SHOP & 4,595
FREY 1,230
GATEWOOD ELEMENTARY 1,300
GAULEY BRIDGE ELEMENTARY 2,400
POSTMASTER-GAULEY BRIDGE 490
GERALD’S AUTO PARTS INC 897
GIANNINI CONSTRUCTION & 900
GINO’S PIZZA-MT HOPE 375
GINO’S OF ANSTED 655
GOODHEART-WILLCOX PUBLISHER 2,853
GOPHER SPORT 14,327
GORBY’S MUSIC INC 1,330
GRAINGER 790
GROTH MUSIC COMPANY 2,370
GREAT LAKES SPORTS 700
THE GREENBRIER 841
NATIONAL GEOGRAPHIC LEARNING 19,703
HAMPTON INN – BRIDGEPORT 4,680
HARBOR FREIGHT TOOLS 726
HARDMAN SUPPLY COMPANY 5,590
HARRIS BROTHERS ROOFING CO INC 813
HATCH INC 3,000
HAWKS NEST STATE PARK 576
HEALTH EDCO 635
POSTMASTER-HICO 495
HOBART SALES & SERVICE 4,265
HOOTEN EQUIPMENT CO LLC 19,555
HUBERT COMPANY 2,107
INTERSTATE BATTERY OF 7,432
JABO SUPPLY CORPORATION 13,379
THE JAMES & LAW COMPANY 513
JONES SCHOOL SUPPLY 4,772
JOSTENS INC 6,642
K MAC MILLS INC 1,252
KANAWHA COUNTY BOARD OF EDUC 60,652
KANAWHA FALLS PUBLIC SERVICE 2,764
KERR’S MUSIC WORLD INC 5,265
KEY TELEPHONE & SECURITY 35,365
KIMBALL MIDWEST 2,493
KING COAL CHEVROLET CO 567
KOMAX LLC 260
KROGER 6,951
KURTZ BROS INC 3,017
LRP PUBLICATIONS 748
VICKI LAGOS 15,150
LAKESHORE LEARNING MATERIALS 4,059
LAKEVIEW GOLF RESORT & SPA 318
LAWSON PRODUCTS INC 12,111
LEISURE LANES 670
LIBERTY DISTRIBUTORS INC 45,651
LOWE’S COMPANIES INC 56,299
MABSCOTT SUPPLY COMPANY 30,288
MACARTHUR SKATING RINK 1,763
THE MARKERBOARD PEOPLE 281
MARQUEE CINEMAS-GALLERIA 14 13,354
CHARLESTON MARRIOTT TOWN CTR 908
MARSHALL UNIVERSITY 2,350
MATHENY MOTOR TRUCK COMPANY 193,074
MEADOW BRIDGE ELEMENTARY 3,600
MEADOW BRIDGE HIGH 3,300
MEADOW BRIDGE SANITARY BOARD 24,212
MIDLAND TRAIL HIGH 4,600
MIDWEST TECHNOLOGY PRODUCTS 2,968
MINDWARE 575
MODERN SCHOOL SUPPLIES INC 444
MONTGOMERY POST OFFICE 1,356
MOORE MEDICAL LLC 993
CITY OF MT HOPE 25,062
MT HOPE ELEMENTARY 3,600
MOUNTAIN VENDING INC 2,635
MOUNTAINEER GAS COMPANY 161,353
MUSIC IS ELEMENTARY 278
MUSIC IN MOTION 2,141
MUSICIAN’S FRIEND, INC. 2,422
NAPA AUTO PARTS 2,678
INTERNATIONAL SOCIETY FOR 2,110
NASCO 29,628
NATIONAL ASSOCIATION OF 1,463
NCS PEARSON INC 8,511
NATIONAL SEATING & MOBILITY 288
NATIONAL TRAVEL INC 20,665
THE NEFF COMPANY 1,553
NEW RIVER HEALTH ASSOCIATION 6,480
NEW RIVER SPORTSWEAR INC 4,198
NICHOLAS COUNTY BOARD 3,011
NICHOLAS COUNTY EMPOWERMENT 55,250
NICHOLAS PRINTING 32,447
NORTHERN SAFETY CO INC 3,406
NORTHERN TOOL & EQUIPMENT CO 4,067
OAK HILL GARBAGE DISPOSAL INC 52,142
OAK HILL HIGH SCHOOL 11,800
OAK HILL SANITARY BOARD 25,305
OFFICE MAX CONTRACT INC 3,206
OGLEBAY PARK-WILSON LODGE 2,311
OHIO-WEST VIRGINIA YOUTH 3,780
OKES FAMILY FARMS 688
ORIENTAL TRADING COMPANY INC 8,109
PACKARD BUSINESS SYSTEMS 2,195
PALOS SPORTS INC 2,198
CAROWINDS 2,391
PARENT-TEACHER STORE USA INC 728
PARTS & MORE INC 14,876
PASSASSURED LLC 3,289
J W PEPPER & SON INC 3,208
PERFECTION LEARNING CORP 505
PERMA-BOUND BOOKS 740
PHILLIPS SUPPLY COMPANY 35,571
PIONEER DRAMA SERVICE 282
PIPESTEM STATE PARK 339
PITNEY BOWES 5,731
PITNEY BOWES 469
PITNEY BOWES-PURCHASE POWER 20,808
PIZZA HUT 723
PLANK ROAD PUBLISHING INC 1,177
POCKET NURSE ENTERPRISES INC 8,019
POMEROY IT SOLUTIONS SALES CO 164,952
POSITIVE PROMOTIONS INC 2,173
POSTMASTER-ANSTED 528
POSTMASTER-FAYETTEVILLE 2,970
POSTMASTER-MEADOW BRIDGE 1,161
POSTMASTER-OAK HILL 3,484
POSTMASTER-LOOKOUT 263
PREMIER AGENDAS INC 7,641
PRESTWICK HOUSE INC 393
PRIMARY CONCEPTS INC. 269
PRO-ED 4,892
PRUFROCK PRESS INC 827
PULLIN, FOWLER, FLANAGAN, 635
QUILL 123,122
REI CONSULTANTS INC 530
RADFORD & RADFORD INC 1,142,765
RAINELLE MEDICAL CENTER INC 1,635
RALEIGH COUNTY SOLID WASTE 253
REALLY GOOD STUFF INC 17,438
RENAISSANCE LEARNING INC 111,151
RESA IV 169,712
RESA I 840
RHODE ISLAND NOVELTY 304
RIFTON EQUIPMENT 1,916
ROCHESTER 100 INC 2,134
ROSEDALE ELEMENTARY 3,500
SS PETER & PAUL CATHOLIC 2,475
SAFETY-KLEEN SYSTEMS INC 2,292
SAM’S CLUB-BECKLEY 5,101
SAX ARTS & CRAFTS 11,888
SCHOLASTIC INC 21,657
SCHOLASTIC MAGAZINES 6,419
SCHOOL HEALTH CORPORATION 4,462
SCHOOL MATE AND STUDENT AGENDA 363
SCHOOL NURSE SUPPLY INC 1,010
SCHOOL SPECIALTY INC 62,121
SCHOOL OUTFITTERS LLC 3,605
SCRIPPS NATIONAL SPELLING BEE 2,672
SEARS COMMERCIAL ONE 499
SHEETS CHRYSLER JEEP DODGE LLC 5,761
SHERATON CHAPEL HILL HOTEL 610
SHONEYS OF LEWISBURG 570
CITY OF SMITHERS 11,784
SMITHERS SANITARY BOARD 52,099
SOURCE4 1,070
SOUTHEASTERN CHEMICAL CO INC 61,012
SPARTAN SPORTING GOODS 15,743
SPORTIME 1,908
ALVAH M SQUIBB COMPANY INC 1,854
SREB 2,375
STATE ELECTRIC SUPPLY COMPANY 101,023
STATEWIDE SERVICE INC 2,440
STEELCON SUPPLY CO 4,728
STEVE’S AUTO PARTS 5,610
STONEWALL RESORT 3,553
E3 GORDON STOWE 1,015
STUMP PRINTING COMPANY INC 1,334
SUMMIT SUPPLY INC 38,292
SUPER DUPER PUBLICATIONS 697
TAMARACK: THE BEST OF WV 1,403
TEACHER DIRECT 1,347
TEXAS REFINERY CORPORATION 665
CENGAGE LEARNING 20,765
TIME FOR KIDS 1,058
TRACTOR SUPPLY 3,475
TRI-STATE ROOFING & SHEET 1,560
TROPHY SHOWCASE 1,354
TWO-WAY RADIO INC 50,481
U-SAVE CONVENIENT MART LLC 35,406
UNITED DAIRY INC 268,036
UNITED REFRIGERATION INC 8,474
U S CELLULAR 5,442
VALLEY ELEMENTARY 4,400
VALLEY HIGH SCHOOL 7,800
VAN LIFTS UNLIMITED INC 1,617
VERNIER SOFTWARE & TECHNOLOGY 3,561
VERTICAL TRANSPORT 260
WV ADULT EDUCATION ASSOCIATION 996
WV ASSOC FOR PUPIL 350
RVCDS 1,350
WV ASSOC OF SCHOOL BUSINESS 705
WVNET 1,300
WV SPEECH LANGUAGE HEARING 640
WV SCHOOL PSYCHOLOGISTS ASSOC 895
WAL-MART COMMUNITY 48,780
CHERYL LYNN WARE 8,500
WENDY’S OF OAK HILL 295
WEST MUSIC 863
WV ASSOC OF SCHOOL ADMINISTRAT 1,200
WV DEPT OF AGRICULTURE 6,576
WV DEPARTMENT OF EDUCATION 420
WORKFORCE WEST VIRGINIA 26,332
WV DEPARTMENT OF ENVIRONMENTAL 697
WV DEPT OF TRANSPORTATION 775
WV STATE POLICE 405
WV BOARD OF RISK 364,518
WV PUBLIC EMPLOYEES INSURANCE 2,157,564
WV SCHOOL BOARDS ASSOCIATION 12,740
WV STATE AUDITOR 1,352
WV STATE BOARD OF EXAMINERS – 1,544
WV STATE FIRE MARSHALL 33,576
WV TRACTOR COMPANY 23,900
WV UNIVERSITY 1,387
WEST VIRGINIA UNIVERSITY 736
WESTERN GREENBRIER DISPOSAL 26,849
WESTERN PSYCHOLOGICAL SERVICES 504
WILSON LANGUAGE TRAINING CORP 251
WINGATE BY WYNDHAM 1,102
WOODBURN PRESS 961
WOOD-MIZER PRODUCTS INC 358
WOODWIND & BRASSWIND 7,687
WOODWORKER’S SUPPLY INC 7,063
CALVIN C WOOLDRIDGE 251
WORTHINGTON DIRECT HOLDINGS 2,049
ZMM INC 1,323,923
ZANER-BLOSER 31,418
SCHOLASTIC INC 3,803
ORIGO EDUCATION INC 2,384
PROJECT LEAD THE WAY INC 5,738
K W ELECTRIC INC 200,061
TRAVELERS 1,073
THERMAL BALANCE INC 2,850
PEARSON EDUCATION INC 3,480
ADVANCE AUTO PARTS 5,239
WEST VIRGINIA GLASS CO INC 5,462
WORLD POINT ECC INC 1,553
CINCINNATI FLOOR CO INC 1,900
KROGER 679
BETTY J SALVATORE 15,000
SUBSCRIPTION SERVICES OF 519
SURVEYMONKEY.COM LLC 300
RIDDELL ALL AMERICAN 6,395
LEWIS COMMUNITY FOUNDATION INC 345
GLENS TOWING & ROAD SERVICE 5,678
AMTEK COMPANY INC 24,169
CHARLESTON CIVIC CENTER 1,290
JEFFERDS CORPORATION 298
CAPITOL BUSINESS INTERIORS 10,862
SYSCO VIRGINIA LLC 1,553,491
AT&T MOBILITY 33,742
UNITED BANK INC 67,298
CHARLES PATRICK HUSS 17,400
VARSITY SPIRIT FASHIONS & 4,977
INDIGO HEALTH LLC 60,109
THE FINAL FLOOR INC 7,412
WV-AMERICAN WATER COMPANY 1,785
WV-AMERICAN WATER COMPANY 5,283
WV-AMERICAN WATER COMPANY 486
WV-AMERICAN WATER COMPANY 10,538
WV-AMERICAN WATER COMPANY 7,438
WV-AMERICAN WATER COMPANY 2,057
WV-AMERICAN WATER COMPANY 36,310
WV-AMERICAN WATER COMPANY 5,742
WV-AMERICAN WATER COMPANY 6,188
WV-AMERICAN WATER COMPANY 1,389
WV-AMERICAN WATER COMPANY 7,406
WV-AMERICAN WATER COMPANY 2,832
WV-AMERICAN WATER COMPANY 3,045
WV-AMERICAN WATER COMPANY 853
WV-AMERICAN WATER COMPANY 2,329
WV-AMERICAN WATER COMPANY 1,329
WV-AMERICAN WATER COMPANY 3,338
WV-AMERICAN WATER COMPANY 12,286
WV-AMERICAN WATER COMPANY 3,551
WV-AMERICAN WATER COMPANY 10,167
WV-AMERICAN WATER COMPANY 6,872
WV-AMERICAN WATER COMPANY 5,667
WV-AMERICAN WATER COMPANY 680
THE R M HUFFMAN COMPANY 44,865
LUCID DATA CORPORATION 3,082
FUN FACTORY INFLATABLES 13,121
BYTESPEED LLC 6,367
FUTURE BUSINESS LEADERS OF 1,105
THE LITTLE SIGN CO INC 2,050
YOUTH LIGHT INC 590
EDWARDS EDUCATIONAL SERVICES 60,500
TRA INCORPORATED 9,390
JOSEPH ALLEN BOWMAN 1,100
ULINE INC 381
NEW RIVER ELEMENTARY 9,400
SCHINDLER ELEVATOR CORPORATION 3,493
STAPLES ADVANTAGE 75,502
PETROLEUM PRODUCTS INC 295,174
SUNFLOWER SEEDS PRESS 1,000
TERRY L TREADWAY 3,975
HERITAGE INTERNATIONAL 96,430
ABDO PUBLISHING COMPANY 1,648
GLOBAL RECOVERY SERVICES 24,420
HILL MANUFACTURING COMPANY INC 2,303
SCHOLASTIC INC 4,796
KUTA SOFTWARE LLC 335
MARCY COOK MATH 286
IDENTIMETRICS INC 7,693
ANGELTRAX 1,476
INDEXBLUE 2,500
KINGS ISLAND COMPANY 1,372
FRONTIER 52,722
ANDERSON’S 6,055
NEALS LAWN CARE 375
N & T TRUCKING INC 18,675
PIZZA HUT – RAINELLE 285
DAVIS ATHLETICS, LLC 4,980
DISNEY DESTINATIONS, LLC 10,941
WORLDWIDE INTERACTIVE NETWORK 4,000
SHOW TIME MUSIC INC 9,466
ALPHA RECORDS MANAGEMENT INC 1,935
EURO-SUITES HOTEL 420
PROJECTOR SUPERSTORE 292
TEACHER CREATED MATERIALS INC 1,881
CONTRACT PAPER GROUP INC 38,086
ACTION PUBLISHING INC 2,284
B & J CLEANING SERVICE 4,999
SUSAN A PATTERSON 5,000
RESOURCES FOR EDUCATORS 539
ADVENTURE WV LLC 864
DINSMORE & SHOHL LLP 18,838
GLYNLYON INC 27,800
UNITED BANKCARD CENTER 6,196
JOHN DEERE FINANCIAL 2,316
TAYLOR AND FRANCIS GROUP LLC 543
BRICKSTREET INSURANCE COMPANY 554,228
IXL LEARNING INC 4,224
NATURAL BRIDGE ZOO 384
ENCORE DATA PRODUCTS INC 550
THE DEZINE LINE 4,525
BANK OZK 752,788
BEACON GRAPHICS LLC 849
WORKPLACE PRO 838
MONOPRICE INC 6,203
EXPLORE LEARNING 24,696
UMB BANK NA 61,250
TRI COUNTY TRAILER SALES 4,533
ADVANCED ALARM TECHNOLOGIES 900
CHAD MATTHEW SMITH 306
LOGMEIN INC 1,299
STAGERIGHT CORPORATION 3,230
SMART HORIZONS 8,080
HEARTLAND PAYMENT SYSTEMS INC 425
SULLIVANWEBB PLLC 16,900
ORKIN, LLC 22,991
KRAMER ENTERTAINMENT 1,675
FLINT CONSTRUCTION CO INC 322,132
CENTRAL EXCAVATING LLC 86,200
TRANS ALLEGHENY LUNATIC ASYLUM 1,323
FRONTIER WEST VIRGINIA INC 275,075
VARITRONICS LLC 852
CROWN WINDOWS & VINYL PRODUCTS 3,130
HARVEST EQUIPMENT COMPANY 1,373
COUNCIL ON OCCUPATIONAL 2,750
KIDS FIRST EDUCATIONAL 5,400
FLIPSIDE PRODUCTS INC 279
GLAZEBROOK AND ASSOCIATES 603
DENNIS R MOLES 300
INK TECHNOLOGIES 868
THE SHERWIN-WILLIAMS CO 487
WHEELER DISTRIBUTION LLC 4,568
WV SKILLS USA 3,910
ASSESSMENT TECHNOLOGIES INST 9,228
CORWIN PRESS INC 2,221
SCHOOL DATEBOOKS 777
MCGRAW-HILL SCHOOL EDUCATION 83,297
LOBBYGUARD SOLUTIONS LLC 3,450
WV-AMERICAN WATER COMPANY 341
HR DIRECT/G.NEIL 1,580
CARDIO PARTNERS INC 8,157
GREENBRIER AUDIOLOGY INC 4,840
AUDIO VIDEO SOLUTIONS INC 1,194
DAYMARK SAFETY SYSTEMS 1,202
DOUGHERTY COMPANY INC 76,171
WV COUNCIL OF ADMINISTRATORS 1,275
WV-AMERICAN WATER COMPANY 338
GUITAR CENTER STORE INC 880
ANSTED ROLLER RINK 280
GREENBRIER DAILY NEWSPAPERS 540
BARNES AND NOBLE BOOKSELLERS 8,838
CAFE ONE TEN 1,080
EFAVOR MART 788
JARVIS PRO HARDWARE 3,336
PLAYSCRIPTS INC 520
CUMMINS CROSSPOINT LLC 544
UNIVERSAL ADVERTISING ASSOC., 508
WV-AMERICAN WATER COMPANY 347
HOLIDAY INN HOTEL AND SUITES 2,240
MITCHELL 1 1,099
TRINITY 3 LLC 178,308
SUPPLIESOUTLET.COM 2,057
4IMPRINT INC 2,621
BOB ROBINSON CHEVROLET 81,000
NATIONAL COUNCIL OF 3,600
SCENARIO LEARNING LLC 5,756
CWS 2,919
GABRIEL FIRST CORP 4,218
FOLLETT SCHOOL SOLUTIONS INC 9,433
ECONOMY TANK COMPANY 6,855
WATERFRONT PLACE HOTEL 6,385
SUSAN LEE BARRETT 1,500
CODA MOUNTAIN ACADEMY INC 85,000
CITYNET LLC 2,582
AMITY INSTITUTE LTD 2,000
OL’ MOUNTAIN TRADER 680
WV STATE AGENCY FOR SURPLUS 16,940
COOK CONSULTING INC. 5,640
LINKPOINT360 600
ALLIED HEALTH MEDIA LLC 979
APPALACHIAN DOORS 3,307
BLUE RIBBON GRAPHIX LLC 6,370
AUTOZONE STORES INC 15,774
CECIL I WALKER MACHINERY CO 28,724
R T ROGERS INC 105,873
DOLLAR TREE #3242 & #6426 739
EDMENTUM HOLDINGS INC 2,888
HOBBY LOBBY STORES INC 445
CUSTOMINK LLC 637
VANDALL’S 299
NEW RIVER BIKES 1,544
COMFORT INN BARBOURSVILLE 1,596
RENAISSANCE ATLANTA WAVERLY 568
SUPPLYWORKS 50,894
FELD ENTERTAINMENT 4,678
SODEXO AMERICA LLC 1,391
ON-SITE IN-HOME DRUG TESTING 15,012
WV FUTURE BUSINESS LEADERS OF 1,140
PINHEADS FUN CENTER INC 4,320
BRIDGEVALLEY COMMUNITY 2,000
WV DEPARTMENT OF HEALTH AND 614
ARAMARK CORPORATION 1,086
WV-AMERICAN WATER COMPANY 5,598
HOUGHTON MIFFLIN HARCOURT 187,378
GOLDEN HORSESHOE INC 275
JONES & BARTLETT LEARNING LLC 3,544
TOSHIBA FINANCIAL SERVICES 3,069
STUDICA INC 28,377
NATIONAL INSTRUMENTS CORP 415
RAPTOR TECHNOLOGIES LLC 4,942
AARON’S BUSINESS SOLUTIONS 1,033
THE MUDDY MOOSE LLC 358
TUDOR’S BISCUIT WORLD 706
RDP ELECTRICAL SERVICES PLUS 2,616
PESI INC. 960
APPLIED EDUCATIONAL SYSTEMS 5,699
AMERICAN MINE POWER INC 1,448
MARTIN’S CONSULTING 176,400
PLAYPOSIT INC 920
LEWISBURG CINEMA 8 LLC 1,496
APPALACHIAN AGGREGATES LLC 12,732
CENTRAL SUPPLY COMPANY OF WV 20,470
WILLIAM L. FURGASON 46,800
SUDDENLINK COMMUNICATIONS 9,572
WV DEPARTMENT OF EDUCATION AND 21,950
DISCOUNT DANCE LLC 897
ROBOTSHOP DISTRIBUTION INC 1,027
FERGUSON ENTERPRISES INC 12,022
CC SAFETY SUPPLY LLC 2,061
SOUTHERN WEST VIRGINIA ASPHALT 1,279
STERLING COMPUTER PRODUCTS 2,189
GENE’S 308
FAIRFIELD INN&SUITES-FAIRMONT 320
WESTFIELD INSURANCE COMPANY 17,419
U-HAUL CO. OF WV 280
AMERICAN HOTEL & LODGING 1,052
NATIONAL ARCHERY 725
GREAT WOLF RESORTS-OHIO 2,485
MULTI-HEALTH SYSTEMS INC 417
SOUTHERN WEST VIRGINIA PAVING 998
GALT HOUSE HOTEL 1,513
WASHINGTON METROPOLITAN AREA 918
ANC TOURS BY MARTZ GRAY LINE 430
FOAMCOAT ROOFING& COATINGS INC 69,030
NEWPORT AQUARIUM LLC 322
MOBILEASE MODULAR SPACE INC 289,800
PHILADELPHIA INSURANCE CO 12,750
KINGS TIRE SERVICE INC 3,382
PARCHMENT INC 1,693
USI EDUCATION & GOV’T SALES 873
ARAMARK UNIFORM 12,029
WORLDWIDE EQUIPMENT 66,347
JOHN O’DELL FARMS 4,950
TRINITY TREE SERVICES INC. 2,450
WRIST-BAND.COM 307
CAREERSAFE LLC 8,725
GREAT AMERICAN OPPORTUNITIES 264
HILLBILLY FUN 650
SJ NEATHAWK LUMBER CO INC 14,618
O’REILLY AUTO PARTS 787
MOBYMAX LLC 8,628
WV-AMERICAN WATER COMPANY 5,367
TRESONA MULTIMEDIA LLC 1,510
ROOSTER’S HYDRAULIC SVC INC 367
NEW LEVEL MUSIC 1,000
WV ADJUTANT GENERAL’S OFFICE 24,047
KID QUEST LLC 1,450
MARQUEE CINEMAS-SOUTHRIDGE 12 1,350
PARK PLACE CINEMA 7 1,063
HALA GEAR 7,822
WV-AMERICAN WATER COMPANY 1,147
MAC TOOLS 8,056
HAMPTON BY HILTON-FAIRMONT 1,363
SMARTSIGN 312
BEST WESTERN-FAIRFAX 1,762
SCHAEFFER MANUFACTURING CO 919
JROTC DOG TAGS INC 1,577
PLAY OSMO 493
EMERSON ENVIRONMENTAL 1,102
THE E GROUP INC 1,295
PEERLESS BLOCK AND BRICK CO 7,511
CAMASTER INC 22,070
EQUIPMENT DEPOT OHIO INC 18,673
DIAMEDICAL USA EQUIPMENT LLC 12,988
PCS & MANAGE LLC 1,006,103
ECS MID-ATLANTIC LLC 88,178
ALETA JO CROTTY 300
SCHOOLRUNNER LLC 5,800
SMITH GARAGE EQUIPMENT INC 6,225
RESIDENCE INN ANAHEIM 1,611
GRADUATIONSOURCE 1,471
DATA RECOGNITION CORPORATION 475
PAR MAR OIL COMPANY 1,084
ENGINEERING ECONOMICS INC 21,622
HILTON GARDEN INN-GARDEN GROVE 7,119
WILLIAM BRAGG 1,333
SEARS CARPET&AIR DUCT CLEANING 1,089
THE CHESTNUT HOTEL 792
COMFORT INN-CLEVELAND TN 433
EMBASSY SUITES-MEMPHIS TN 627
COMFORT SUITES AIRPORT-TN 564
COMFORT SUITES-TEXAS 271
EMBASSY SUITES-TEXAS 4,449
COLE COLLISION CENTER LLC 2,495
HOME2 SUITES BATON ROUGE 401
JAMES GREGORY MINTER 20,400
TRAINERS WAREHOUSE 390
MOUNTAINEER AUTOMOTIVE LLC 958
KAREN H RUDDLE 650
VISION SERVICE PLAN 79,968
LCS PRODUCTS INC 252
DELTA DENTAL INSURANCE CO 461,966
SPHERO INC 900
WV AUTISM TRAINING CENTER 450
CLAIRMONT PRESS INC 1,705
UNLIMITED SUPPLIES LLC 399
WILBURN’S TECH SUPPLY 756
ROGUE HD SUPPLY 14,822
CHARLESTON EMBASSY SUITES 5,425
EMBASSY SUITES-CONCORD NC 862
SIGNS.COM INC 474
OMNI JACKSONVILLE HOTEL 915
PIONEER ATHLETICS 1,705
HAMPTON INN-CHARLOTTE/MATTHEWS 892
JIM LIVELY INSURANCE INC 26,408
CONTINENTAL WIRELESS INC 1,124
VUPORTS LLC 9,129
LEARNING A-Z LLC 570
TASKS GALORE PUBLISHING INC. 440
BOUNDLESS AT 999
COURTYARD INN-BRIDGEPORT/CLARK 364
DISCOUNTMUGS.COM 1,682
GONOODLE INC 9,675
WV ASSOCIATION OF SCHOOL HUMAN 320
MARZANO RESEARCH LLC 1,639
CENTER FOR THE COLLABORATIVE 6,253
EARLY CHILDHOOD TLC 1,816
WV BUSINESS PRODUCTS 404
WV ASSOC STUDENT FINANCIAL AID 370
HOLIDAY INN EXPRESS-KODAK TN 1,039
CENTERING ON CHILDREN INC 458
NATIONAL GEOGRAPHIC SOCIETY 381
KANAWHA STONE COMPANY INC 1,311,935
COMMITTEE FOR CHILDREN 2,259
SCHOOLSIN 351
VEX ROBOTICS INC 11,374
WITHROW SHARPENING SERVICE 3,674
MATZ EQUIPMENT SERVICES 480
THOMAS M WHITE 5,825
ARCHETYPE INNOVATIONS LLC 990
SULLIVAN UNIFORM COMPANY 256
ELEVATION SPORTS INC 279
COMFORT INN &SUITES-PITTSBURGH 564
BRAINPOP LLC 1,795
AMERICAN ANGLEBALL 499
METAMETRICS INC 3,800
FOR THE RECORD 4,995
370 SPRING TOOL LLC 328
EXTREME BY DESIGN INC 500
FUJIYAMA JAPANESE STEAK HOUSE 423
MACCORKLE CONSULTING LLC 1,200
ESGI LLC 795
TOOLING UNIVERSITY LLC 4,725
JO-ANN FABRIC CRAFT AND STORES 905
4MD MEDICAL SOLUTIONS LLC 2,299
ECONO LODGE-HUNTINGTON WV 316
PROVENCE MARKET CAFE 752
WOODMIZER OF SHADE GAP 3,500
TECHNIMEDIA MARKETING LLC 1,159
SKS CORPORATION 1,500
AK ATHLETIC EQUIPMENT INC 5,809
MERCHANT 1 MANUFACTURING LLC 10,899
HALL’S TIRES INC 800
NEUROPSYCHOLOGY GROUP OF 1,447
COPYFAXES 1,911
COOK’S CONSULTING PLLC 9,850
PROSOURCE INC 1,249
SUCCESS ED LLC 398
EMBASSY SUITES-BALTIMORE MD 857
DOUBLETREE HILTON-MCLEAN VA 1,196
BRANCH BANKING AND TRUST CO 83,194
CREATIVE LASER SOLUTIONS 282
ROCKY MOUNTAIN RAFTS LLC 1,982
J & J BODY FRAME & TOWING INC 1,300
STENHOUSE PUBLISHERS 300
CRACKER BARREL-KANAWHA CITY WV 291
SHEPHERD UNIVERSITY 535
RECREATIONAL EQUIPMENT INC 405
NOREGON SYSTEMS INC 270
SUNSET LEARNING INSTITUTE 11,985
INDIANPRODUCT.COM 413
SIX FLAGS 496
BUILD-A-BEAR WORKSHOP INC 472
GALAXY LANES LLC 759
PINNACLE WHOLE LIFE SERVICES 250
FINNIE PLUMBING LLC 191,820
BURDETTE ELECTRIC INC 5,273
EASTERN DOOR AND GLASS LLC 13,300
GOLDEN CORRAL-MANASSAS VA 838
KID A ROOS INDOOR PLAYGROUND 743
COLUMBUS ZOO AND AQUARIUM 1,052
CROWNE PLAZA HOTEL-CLEVELAND 3,867
MELLOW MUSHROOM PIZZA-OH 330
CITY PASS INC 1,200
LEGENDS HOSPITALITY LLC 440
MATE CENTER 560
ROSS MEDICAL EDUCATION CENTER 2,000
$23,882,884
The notes are an integral part of the financial statements, however, to conserve space, they are not included in the publication but are available for review at the board office.
State of West Virginia
County of FAYETTE, To Wit;
We, the undersigned Superintendent and Treasurer of the Board of Education of the County of Fayette, hereby state under oath that the preceding attached financial statements of the funds of the Fayette County Board of Education as of and for the fiscal year ended June 30, 2019 are true and accurate to the best of our knowledge and belief. However, these statements are unaudited and thereby subject to change.
Terry George
Superintendent
Paula R. Fridley
Treasurer/CSBO
9-26-THU-1-FT; LG 304853
9-26-THU-1-MH; LG