TUCKER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2016
STATE OF WEST VIRGINIA,
TUCKER COUNTY, to wit:
In accordance with West Virginia Code §11-8-12 as amended, the Tucker 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 allowances) $ 3,674,674
Other local sources 125,169
State Sources:
State aid to schools 3,357,247
Other unrestricted 1,463,877
Federal sources:
Unrestricted 258,548
Miscellaneous sources –
Total estimated revenues 8,879,515
Estimated transfers in and other financing sources 25,000
Estimated beginning balance 179,001
Total estimated revenues, other financing sources,
and beginning balance $ 9,083,516
Estimated expenditures:
Instruction $ 5,177,162
Supporting services:
Students 293,527
Instructional staff 175,114
Central administration 363,181
School administration 583,776
Central services 256,254
Operation and maintenance of facilities 1,162,885
Student transportation 788,442
Food services 280,675
Community services 2,500
Capital outlay –
Debt service: –
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 9,083,516
Total estimated transfers and other financing uses –
Estimated budgetary reserves –
Total estimated expenditures, other financing uses,
and reserves $ 9,083,516
SPECIAL REVENUE FUND
Estimated revenues:
Local Sources $ 93,115
State Sources:
State aid to schools 587,926
Other –
Federal sources 942,880
Miscellaneous sources
Total estimated revenues 1,623,921
Estimated transfers in and other financing sources 280,675
Estimated beginning balance –
Total estimated revenues, other financing sources,
and beginning balance $ 1,904,596
Estimated expenditures:
Instruction $ 915,214
Supporting services:
Students 83,830
Instructional staff 76,341
Central administration
School administration
Central Services 23,733
Operation and maintenance of facilities
Student transportation 69,202
Food services 710,678
Community Service –
Capital outlay –
Debt service:
Principal retirement –
Interest and fiscal charges –
Total estimated expenditures 1,878,998
Total estimated transfers and other financing uses 25,598
Total estimated expenditures and other financing uses $ 1,904,596
TUCKER COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2016
STATE OF WEST VIRGINIA,
Tucker County, to wit:
I, Dr. Eddie R. Campbell, Secretary of the Tucker 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 27th day of May, 2015.
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