RANDOLPH COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2025
STATE OF WEST VIRGINIA,
RANDOLPH COUNTY, to wit:
In accordance with West Virginia Code section11-8-12 as amended, the Randolph County Board of Education proceeded to make an estimate of the amounts necessary to be raised by a levy of taxes for the 2025 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) $ 9,447,615
Other local sources 215,000
State Sources:
State aid to schools 28,633,725
Other unrestricted 1,677,269
Federal sources:
Unrestricted 255,000
Miscellaneous sources 100,000
Total estimated revenues 40,298,810
Estimated transfers in and other financing sources 40,000
Estimated beginning balance 2,868,457
Total estimated revenues, other financing sources, and beginning balance $ 43,207,267
Estimated expenditures:
Instruction $ 25,629,424
Supporting services:
Students 1,991,729
Instructional staff 950,320
Central administration 713,034
School administration 2,807,186
Central services 628,293
Operation and maintenance of facilities 4,855,346
Student transportation 3,630,871
Food services
Community services 241,164
Capital outlay
Debt service:
Principal retirement
Interest and fiscal charges
Total estimated expenditures 41,447,185
Total estimated transfers and other financing uses 1,452,562
Estimated budgetary reserves 307,520
Total estimated expenditures, other financing uses, and reserves $ 43,207,267
RANDOLPH COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2025
CAPITAL PROJECTS FUND
Estimated revenues:
Local Sources:
Property Taxes (Net of allowances)
Other local sources
State Sources: $ 3,096,395
Miscellaneous sources
Total estimated revenues 3,096,395
Estimated transfers in and other financing sources 100,000
Estimated beginning balance
Total estimated revenues, other financing sources, and beginning balance $ 3,196,395
Estimated expenditures:
Capital projects $ 3,196,395
Total estimated expenditures 3,196,395
Total estimated transfers and other financing uses
Total estimated expenditures and other financing uses $ 3,196,395
RANDOLPH COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2025
SPECIAL REVENUE FUND
Estimated revenues:
Local Sources
State Sources:
State aid to schools 933,554
Other 36,555
Federal sources 5,263,536
Miscellaneous sources
Total estimated revenues 6,233,645
Estimated transfers in and other financing sources 1,352,562
Estimated beginning balance 100,000
Total estimated revenues, other financing sources, and beginning balance $ 7,686,207
Estimated expenditures:
Instruction 150,000
Supporting services:
Students
Instructional staff
Central administration
School administration
Business
Operation and maintenance of facilities
Student transportation
Food services 3,373,108
Community services
Capital outlay
Debt service:
Principal retirement
Interest and fiscal charges
Total estimated expenditures 3,523,108
Total estimated transfers and other financing uses 4,163,099
Total estimated expenditures and other financing uses $ 7,686,207
RANDOLPH COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2025
STATE OF WEST VIRGINIA,
Randolph County, to wit:
I Debra Schmidlen, Secretary of the Randolph 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 21st day
of May, 2024.
Debra Schmidlen
Secretary of the Board of Education
05/21/2024, 05/28/2024