Legal
0416 0423
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2017
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 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) $ 9,083,368
Other local sources 661,503
State Sources:
State aid to schools 20,282,186
Other unrestricted 6,321,460
Federal sources:
Unrestricted 500,000
Miscellaneous sources
Total estimated revenues 36,848,517
Estimated transfers in and other financing sources
Estimated beginning balance 225,000
Total estimated revenues, other financing sources, and beginning balance
$ 37,073,517
Estimated expenditures:
Instruction $ 23,665,003
Supporting services:
Students 603,850
Instructional staff 329,192
Central administration 788,780
School administration 2,746,231
Central services 340,832
Operation and maintenance of facilities 3,653,541
Student transportation 3,525,986
Food services –
Community services 57,200
Capital outlay
Debt service:
Principal retirement
Interest and fiscal charges
Total estimated expenditures 35,710,615
Total estimated transfers and other financing uses 1,275,736
Estimated budgetary reserves 87,166
Total estimated expenditures, other financing uses, and reserves
$ 37,073,217
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2017
EXCESS LEVY FUND
Estimated revenues:
Local Sources:
Property taxes (Net of allowances) $ 6,103,617
Other local sources 91,250
State Sources:
State aid to schools –
Other unrestricted –
Federal sources:
Unrestricted –
Miscellaneous sources
Total estimated revenues 6,194,867
Estimated transfers in and other financing sources
Estimated beginning balance –
Total estimated revenues, other financing sources, and beginning balance
$ 6,194,867
Estimated expenditures:
Instruction $ 3,476,191
Supporting services:
Students 60,000
Instructional staff 208,499
Central administration –
School administration –
Central services –
Operation and maintenance of facilities 1,709,687
Student transportation 740,490
Food services –
Community services –
Capital outlay –
Debt service
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 6,194,867
Total estimated transfers and other financing uses –
Estimated budgetary reserves –
Total estimated expenditures, other financing uses, and reserves
$ 6,194,867
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2017
DEBT SERVICE FUND
Estimated revenues:
Local sources:
Property Taxes (Net of allowances) $ 4,231,163
Other local sources 14,000
Miscellaneous sources
Total estimated revenues 4,245,163
Estimated transfers in and other financing sources
Estimated beginning balance
Total estimated revenues, transfers and beginning balance $ 4,245,163
Estimated expenditures:
Debt service $ 4,245,163
Total estimated expenditures 4,245,163
Total estimated transfers and other financing uses
Total estimated expenditures and other financing uses $ 4,245,163
GREENBRIER 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 $ 409,723
State Sources:
State aid to schools 1,777,586
Other 522,810
Federal sources 6,735,064
Miscellaneous sources
Total estimated revenues 9,445,183
Estimated transfers in and other financing sources 1,275,736
Estimated beginning balance
Total estimated revenues, other financing sources, and beginning balance
$ 10,720,919
Estimated expenditures:
Instruction $ 6,324,110
Supporting services:
Students 7,316
Instructional staff 551,920
Central administration –
School administration –
Business –
Operation and maintenance of facilities –
Student transportation 389,598
Food services 3,447,975
Community services –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 10,720,919
Total estimated transfers and other financing uses –
Total estimated expenditures and other financing uses $ 10,720,919
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2017
STATE OF WEST VIRGINIA,
Greenbrier County, to wit:
I Sallie E. Dalton, 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 19th day of April, 2016.
Please note: The preliminary operating budget for 2016-2017 is available for public inspection at the Board of Education Office, or online at www.greenbriercountyshools.org. The Board will meet on April 19 at 1:30 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.