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GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2020
STATE OF WEST VIRGINIA,
GREENBRIER COUNTY, to wit:
In accordance with 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 levy of taxes for the 2018 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) $ 9,264,980
Other local sources 339,040
State Sources:
State aid to schools 20,512,230
Other unrestricted 6,602,319
Federal Sources:
Unrestricted 390,000
Miscellaneous Sources: 150,000
Total estimated revenues 37,258,569
Estimated transfers in and other financing sources
Estimated beginning balance 550,000
Total estimated revenues, other financing sources and beginning balance $ 37,808,569
Estimated expenditures:
Instruction $ 24,552,025
Supporting services:
Students 703,830
Instructional staff 293,608
Central administration 906,612
School administration 2,989,039
Central services 350,087
Operation and maintenance of facilities 3,331,466
Student transportation 3,446,462
Food services –
Community services 57,200
Capital outlay
Debt service:
Principal retirement
Interest and fiscal charges
Total estimated expenditures 36,630,329
Total estimated transfers and other financing uses 1,078,240
Estimated budgetary reserves 100,000
Total estimated expenditures, other financing uses, and reserves $ 37,808,569
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2020
EXCESS LEVY FUND
Estimated revenues:
Local Sources:
Property taxes (Net of allowances) $ 6,485,361
Other local sources 100,000
State Sources:
State aid to schools –
Other unrestricted –
Federal Sources:
Unrestricted –
Miscellaneous Sources:
Total estimated revenues 6,585,361
Estimated transfers in and other financing sources
Estimated beginning balance –
Total estimated revenues, other financing sources and beginning balance $ 6,585,361
Estimated expenditures:
Instruction $ 3,004,599
Supporting services:
Students 48,000
Instructional staff 177,321
Central administration –
School administration –
Central services –
Operation and maintenance of facilities 2,724,119
Student transportation 631,322
Food services –
Community services –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 6,585,361
Total estimated transfers and other financing uses –
Estimated budgetary reserves –
Total estimated expenditures, other financing uses, and reserves $ 6,585,361
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2020
SPECIAL revenue FUND
Estimated revenues:
Local Sources $ 39,500
State Sources:
State aid to schools 2,032,387
Other 557,639
Federal Sources 7,622,284
Miscellaneous Sources –
Total estimated revenues 10,251,810
Estimated transfers in and other financing sources 1,118,207
Estimated beginning balance
Total estimated revenues, other financing sources and beginning balance $ 11,370,017
Estimated expenditures:
Instruction $ 6,954,967
Supporting services:
Students 6,990
Instructional staff 294,610
Central administration –
School administration –
Business –
Operation and maintenance of facilities –
Student transportation 489,730
Food services 3,623,720
Community services –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 11,370,017
Total estimated transfers and other financing uses –
Total estimated expenditures and other financing uses $ 11,370,017
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2020
DEBT SERVICE FUND
Estimated revenues:
Local Sources:
Property taxes (Net of allowances) $ 3,390,700
Other local sources –
Miscellaneous Sources:
Total estimated revenues 3,390,700
Estimated transfers in and other financing sources
Estimated beginning balance
Total estimated revenues, other financing sources and beginning balance $ 3,390,700
Estimated expenditures:
Debt service $ 3,390,700
Total estimated expenditures 3,390,700
Total estimated transfers and other financing uses
Total estimated expenditures, other financing uses $ 3,390,700
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2020
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 29th day of May, 2019.
Please note: The preliminary operating budget for 2019-2020 is available for public inspection at the Board of Education Office. The Board will meet on May 29th, 2019, 1:00 p.m. for a public hearing on the proposed budget. This meeting will be held at the Board of Education Office, 197 Chesnut Street, Lewisburg, WV.