Ohio County Board of Education
Statement of Estimated Revenues and Expenditures
For the Fiscal Year Ended June 30, 2026
STATE OF WEST VIRGINIA
OHIO COUNTY, to wit:
In accordance with West Virginia Code 11-8-12, as amended, the Ohio County Board of Education proceeded to make an estimate of the amounts necessary to be raised by a levy of taxes for the 2023-24 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:
OPERATING BUDGET
General Current Expense Fund
Estimated revenues:
Local sources:
Property taxes (net of allowances) $39,008,529
Other local sources 2,121,000
State sources:
State aid to schools 23,549,142
Allocations for PEIA and Retirement 5,827,563
Other 2,181,786
Federal sources 8,168,382
Subtotal: estimated revenues 80,856,402
Estimated balance at July 1, 2023 3,000,000
Estimated Revenues and Balance 83,856,402
Estimated expenditures:
Instruction $41,192,726
Supporting services:
Students 2,037,333
Instructional staff 879,942
Central administration 1,188,387
School administration 3,655,293
Business, Human Resources’ Office &
Computer Center 1,388,470
Operation & maintenance of facilities 10,208,050
Student transportation 4,872,138
Child nutrition: Program Administration –
Community services programs
(4-H, Ohio County Public Library) 1,506,684
Co-curricular and extra-curricular programs 1,918,153
Reserve for Contingencies 3,000,000
Subtotal: Estimated Expenditures 71,847,176
Special Revenue Fund (Reserves of Grants
and Restricted Funds):
Estimated Expenditures:
Improvement of instructional programs
(Step 7) 1,586,431
Staff Development Councils 25,925
Faculty senates 225,132
Academic Curriculum Trips –
Child Nutrition: Operational Costs 5,454,383
Reserves for Federal/State Grants 4,717,355
Subtotal: Estimates Expenditures 12,009,226
TOTAL OPERATING BUDGET:
Estimated Revenues $83,856,402
TOTAL OPERATING BUDGET:
Estimated Expenditures $83,856,402
Debt Service Fund
Estimated revenues:
Property Taxes (net of allowances) $3,737,108
Interest on Investments 1,000
Total estimated revenues 3,738,108
Estimate beginning balance 2,595,000
Total estimated revenues 6,333,108
Estimated expenditures:
Reserve for Future Debt Service 6,333,108
Total estimated expenditures $6,333,108
Permanent Improvement Fund
Estimated revenues:
Local sources $100,000
State sources: WV School Building
Authority Grants 1,000,000
Total estimated revenues 1,100,000
Estimated beginning balance and
Restricted Principal 2,250,000
Total estimated revenues and
beginning balance 3,350,000
Estimated expenditures:
Facilities 3,350,000
Restricted Principal –
Total estimated expenditures $3,350,000
Bond Construction Fund
Estimated revenues:
Local sources $-
Total estimated revenues –
Estimated beginning balance and
Restricted Principal –
Total estimated revenues and
beginning balance $-
Estimated expenditures:
Facilities –
Restricted Principal 543,900
Total estimated expenditures $-
STATE OF WEST VIRGINIA,
OHIO COUNTY, to wit:
I, Kimberly S. Miller, Secretary of the Ohio County Board of Education, do hereby certify that the foregoing is a true copy of the Statement of Estimated Revenues and Expenditures for the Fiscal Year Ended June 30, 2026, as approved by the Ohio County Board of Education on the 27th day of May 2025.
Kimberly S. Miller
Secretary of the Ohio County Board of Education
Int & NR May 12, 19, 2025