Raleigh County Board of Education STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES FOR THE FISCAL YEAR ENDED JUNE 30, 2017 STATE OF WEST VIRGINIA, Raleigh County, To Wit: In accordance with West Virginia Code c11-8-12 as amended, the Raleigh 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 all allowances) $41,431,497 Other local sources 460,000 State Sources: State aid to schools 48,211,663 Retirement and PEIA Allocation 26,719,375 Other unrestricted 101,000 Federal Sources: Unrestricted 600,000 Miscellaneous sources: Indirect Cost and Other Miscellaneous 645,000 Total estimated revenues 118,168,535 Estimated beginning balance – July 1, 2016 8,921,050 Total Estimated Revenues/Beginning Balance $127,089,585 Estimated expenditures: Regular Pre K-12 education programs $59,127,148 Special education programs 13,594,999 Vocational education programs 3,440,499 Out of School Environment 510,000 Alternative Education 385,000 Universal Service Funding 425,000 Medicaid Program 300,000 Excess Levy Restricted Projects 6,909,379 Adult / Continuing education programs 94,000 Community services programs 398,270 Operation and Maintenance of Plant 12,818,501 Student Transportation Services 9,075,001 Support Services -Students, Instructional Staff, and Other 14,577,841 Building and Site Improvement 150,000 Interfund Transfers 5,283,947 Total estimated expenditures $127,089,585 Raleigh 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: Child Nutrition Program Collections $754,083 Transfers From General Fund 5,218,422 Other local sources 152,757 State Sources: Restricted – Child Nutrition Program 0 State Aid Support – Special Revenue Accounts 3,917,391 Restricted – Special Revenue Accounts 1,564,731 Federal Sources: Restricted – Special Revenue Accounts 8,038,170 Restricted – Child Nutrition Program 4,957,862 Total estimated revenues $24,603,416 Estimated expenditures: Regular Pre K-12 education programs $8,021,645 Special education programs 4,298,459 Vocational education programs 495,387 Adult / Continuing education programs 949,410 Child Nutrition Program – Centralized 9,770,207 Support services 1,068,308 Total estimated expenditures 24,603,416 Raleigh County Board of Education STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES FOR THE FISCAL YEAR ENDED JUNE 30, 2017 CAPITAL PROJECTS FUND Estimated revenues: Local sources: Property Taxes (Net of allowances) $1,000,000 Other local sources ::_ State Sources: Restricted – School Building Authority 9,313,000 Total estimated revenues 10,313,000 Estimated transfers in and other financing sources ::_ Estimated beginning balance ::_ Total estimated revenues, transfers, and beginning balance $10,313,000 Estimated expenditures: Capital projects $10,313,000 Total estimated expenditures 10,313,000 Total estimated transfers and other financing uses ::_ Total estimated expenditures and other financing uses $10,313,000 Raleigh County Board of Education STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES FOR THE FISCAL YEAR ENDED JUNE 30, 2017 STATE OF WEST VIRGINIA Raleigh County, To Wit: I, Charles D. Price, Secretary of the Raleigh County Board of Education, do hereby certify that the foregoing is a true copy of the proposed budget that is available for public inspection beginning April 29, 2016 and was adopted by the board of education on May 9, 2016. Charles D. Price Secretary of the Board of Education 6-2-THU-2-RH; 4110
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