Legal 6 col x 10”
0425 0502
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
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 2021 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) $ 9,668,625
Other local sources 327,000
State Sources:
State aid to schools 22,944,023
Other unrestricted 6,571,607
Federal sources:
Unrestricted 400,000
Miscellaneous sources 135,000
Total estimated revenues 40,046,255
Estimated transfers in and other financing sources
Estimated beginning balance 1,200,000
Total estimated revenues, other financing sources, and beginning balance
$ 41,246,255
Estimated expenditures:
Instruction $ 25,487,341
Supporting services:
Students 723,858
Instructional staff 295,242
Central administration 911,110
School administration 2,984,528
Central services 396,837
Operation and maintenance of facilities 4,363,866
Student transportation 3,966,347
Food services –
Community services 57,980
Capital outlay
Debt service:
Principal retirement 200,000
Interest and fiscal charges 65,531
Total estimated expenditures 39,452,640
Total estimated transfers and other financing uses 1,093,615
Estimated budgetary reserves 700,000
Total estimated expenditures, other financing uses, and reserves $ 41,246,255
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
EXCESS LEVY FUND
Estimated revenues:
Local Sources:
Property taxes (Net of allowances) $ 6,729,470
Other local sources 100,000
State Sources:
State aid to schools –
Other unrestricted –
Federal sources:
Unrestricted –
Miscellaneous sources
Total estimated revenues 6,829,470
Estimated transfers in and other financing sources
Estimated beginning balance –
Total estimated revenues, other financing sources, and
beginning balance $ 6,829,470
Estimated expenditures:
Instruction $ 3,726,490
Supporting services:
Students 50,000
Instructional staff 199,173
Central administration –
School administration –
Central services –
Operation and maintenance of facilities 2,273,574
Student transportation 580,233
Food services –
Community services –
Capital outlay –
Debt service
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 6,829,470
Total estimated transfers and other financing uses –
Estimated budgetary reserves –
Total estimated expenditures, other financing uses, and reserves $ 6,829,470
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
DEBT SERVICE FUND
Estimated revenues:
Local sources:
Property Taxes (Net of allowances) $ 3,424,990
Other local sources –
Miscellaneous sources
Total estimated revenues 3,424,990
Estimated transfers in and other financing sources
Estimated beginning balance
Total estimated revenues, transfers and beginning balance $ 3,424,990
Estimated expenditures:
Debt service $ 3,424,990
Total estimated expenditures 3,424,990
Total estimated transfers and other financing uses
Total estimated expenditures and other financing uses $ 3,424,990
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
SPECIAL REVENUE FUND
Estimated revenues:
Local Sources $ 39,500
State Sources:
State aid to schools 209,127
Other 615,046
Federal sources 7,745,840
Miscellaneous sources –
Total estimated revenues 8,609,513
Estimated transfers in and other financing sources 1,093,615
Estimated beginning balance
Total estimated revenues, other financing sources, and
beginning balance $ 9,703,128
Estimated expenditures:
Instruction $ 5,602,167
Supporting services:
Students –
Instructional staff 282,692
Central administration –
School administration –
Business –
Operation and maintenance of facilities –
Student transportation –
Food services 3,818,269
Community services –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 9,703,128
Total estimated transfers and other financing uses –
Total estimated expenditures and other financing uses $ 9,703,128
GREENBRIER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2021
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 14th day of May, 20120.
Please note: The preliminary operating budget FY 21 is available at www.greenbriercountyschools.org
The Board will meet on May 12, 2020, for a public hearing on the proposed budget.