BUDGET PUBLICATION SUMMARY

Raleigh County Board of Education STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES FOR THE FISCAL YEAR ENDED JUNE 30, 2016 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 2016 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) $45,253,819 Other local sources 430,000 State Sources: State aid to schools 49,728,048 Retirement and PEIA Allocation 14,651,933 Other unrestricted 101,000 Federal Sources: Unrestricted 790,500 Miscellaneous sources: Indirect Cost and Other Miscellaneous 675,000 Total estimated revenues 111,630,300 Estimated beginning balance – July 1, 2015 5,389,013 Total Estimated Revenues / Beginning Balance $117,019,313 Estimated expenditures: Regular Pre K-12 education programs $47,724,000 Special education programs 13,057,500 Vocational education programs 3,446,000 Out of School Environment 495,000 Alternative Education 385,000 Universal Service Funding 385,000 Medicaid Program 490,000 Excess Levy Restricted Projects 6,909,378 Adult / Continuing education programs 90,000 Community services programs 450,270 Operation and Maintenance of Plant 13,321,501 Student Transportation Services 9,499,001 Support Services – Students, Instructional Staff, and Other 15,033,222 Building and Site Improvement 941,500 Interfund Transfers 4,791,941 Total estimated expenditures $117,019,313 Raleigh County Board of Education STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES FOR THE FISCAL YEAR ENDED JUNE 30, 2016 SPECIAL REVENUE FUND Estimated revenues: Local Sources: Child Nutrition Program Collections $470,939 Transfers From General Fund 4,995,376 Other local sources 176,500 State Sources: Restricted – Child Nutrition Program 0 State Aid Support – Special Revenue Accounts 3,541,077 Restricted – Special Revenue Accounts 1,374,045 Federal Sources: Restricted – Special Revenue Accounts 8,079,721 Restricted – Child Nutrition Program 3,708,240 Total estimated revenues $22,345,898 Estimated expenditures: Regular Pre K-12 education programs $8,001,338 Special education programs 3,116,047 Vocational education programs 548,530 Adult / Continuing education programs 749,301 Child Nutrition Program – Centralized 9,071,881 Support services 858,801 Total estimated expenditures 22,345,898 Raleigh County Board of Education STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES FOR THE FISCAL YEAR ENDED JUNE 30, 2016 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 May 1, 2015 and was adopted by the board of education on May 12, 2015. Charles D. Price Secretary of the Board of Education 5-29-FRI-2-RH; LG 2991