Raleigh County Board of Education
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2022
STATE OF WEST VIRGINIA,
Raleigh County, To Wit:
In accordance with West Virginia Code §11-8-12 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 2022 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) $ 43,510,430
Other local sources 523,000
State Sources: State aid to schools 52,790,610
Retirement & PEIA Allocation 27,251,682
Other unrestricted 102,000
Federal Sources: Unrestricted 655,000
Miscellaneous sources: Indirect Cost & Other Miscellaneous 570,000
Total estimated revenues 125,402,722
Estimated beginning balance – July 1, 2021 3,231,000
Total Estimated Revenues/ Beginning Balance $ 128,633,722
Estimated expenditures:
Regular Pre K-12 education programs $ 59,749,011
Special education programs 12,433,001
Vocational education programs 3,304,999
Out of School Environment 802,500
Alternative Education 22,000
Universal Service Funding 290,000
Medicaid Program 355,000
Excess Levy Restricted Projects 6,146,515
Adult/Continuing education programs 100,743
Community services programs 426,946
Operation and Maintenance of Plant 15,038,001
Student Transportation Services 12,301,247
Support Services – Students, Instructional Staff, and Other 15,819,625
Building and Site Improvement 916,400
Interfund Transfers 927,734
Total estimated expenditures $ 128,633,722
Raleigh County Board of Education
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2022
SPECIAL REVENUE FUND
Estimated revenues:
Local Sources: Child Nutrition Program Collections $ 314,316
Transfers From General Fund 879,030
Other local sources 179,000
State Sources: Restricted – Child Nutrition Program 0
State Aid Support – Special Revenue Accounts 597,681
Restricted – Special Revenue Accounts 2,890,313
Federal Sources: Restricted – Special Revenue Accounts 8,587,625
Restricted – Child Nutrition Program 5,858,879
Total estimated revenues $ 19,306,844
Estimated expenditures:
Regular Pre K-12 education programs $ 5,568,697
Special education programs 3,486,785
Vocational education programs 602,955
Adult/Continuing education programs 1,251,394
Child Nutrition Program – Centralized 6,946,608
Support services 1,450,405
Total estimated expenditures 19,306,844
Raleigh County Board of Education
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2022
SPECIAL REVENUE FUND – ELEMENTARY & SECONDARY SCHOOLS EMERGENCY RELIEF FUNDING (ESSERF)
Estimated revenues:
Local Sources:
Other local sources $
State Sources:
State aid to schools
Other
Federal Sources:
Restricted $ 4,750,000
Total estimated revenues $ 4,750,000
Estimated expenditures:
Regular Pre K-12 education programs $ 1,295,000
Special education programs
Vocational education programs
Child Nutrition Program – Centralized 1,000,000
Adult/Continuing education programs
Operation and Maintenance of Plant 1,300,000
Support services 1,155,000
Total estimated expenditures 4,750,000
Raleigh County Board of Education
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2022
PERMANENT IMPROVEMENT FUND
Estimated revenues:
Estimated Beginning Treasurer’s Balance $ 6,726,164
Total Estimated Revenue/Beginning Balance $ 6,726,164
Estimated expenditures:
Transfers to Capital Projects Fund $ 6,726,164
Total Estimated Expenditures $ 6,726,164
Raleigh County Board of Education
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2022
CAPITAL PROJECTS FUND
Estimated revenues:
Local sources:
Property Taxes (Net of allowances) $ –
Other local sources
State Sources:
Restricted – School Building Authority 5,373,836
Total estimated revenues 5,373,836
Estimated transfers in and other financing sources 6,726,164
Estimated beginning balance
Total estimated revenues, transfers, and beginning balance $ 12,100,000
Estimated expenditures:
Capital projects $ 12,100,000
Total estimated expenditures 12,100,000
Total estimated transfers and other financing uses
Total estimated expenditures and other financing uses $ 12,100,000
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 14, 2021 and was adopted by the board of education on May 25, 2021.
Charles D. Price
Secretary of the Board of Education
ID: 506919