Bud%20Pub%20FY25.pdf

Parent document: May 2, 2024, Regular Session-05-02-2024.pdf

Text

JACKSON COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2025

STATE OF WEST VIRGINIA,
JACKSON COUNTY, to wit:

In accordance with West Virginia Code §11-8-12 as amended, the Jackson 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) $ 23,917,765

Other local sources 380,000
State Sources:

State aid to schools 32,620,892

Other unrestricted -
Federal sources:

Unrestricted 462,370
Miscellaneous sources 7

Total estimated revenues 57,381,027
Estimated transfers in and other financing sources 502,981
Estimated beginning balance 500,000
Total estimated revenues, other financing sources, and beginning balance $ 58,384,008

Estimated expenditures:

Instruction $ 30,191,427
Supporting services:
Students 4,581,674
Instructional staff 1,329,695
Central administration 1,320,528
School administration 3,812,563
Business administration 488,026
Operation and maintenance of facilities 7,369,014
Student transportation 5,879,874
Food services 179,952
Community services 70,591
Capital outlay -
Debt service:
Principal retirement 150,172
Interest and fiscal charges 19,543
Total estimated expenditures 55,393,059
Total estimated transfers and other financing uses 2,490,949
Estimated budgetary reserves 500,000
Total estimated expenditures, other financing uses, and reserves $ 58,384,008

WVDE 11-20-37


JACKSON 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
Other
Federal sources
Miscellaneous sources

Total estimated revenues
Estimated transfers in and other financing sources
Estimated beginning balance

Total estimated revenues, other financing sources, and beginning balance
Estimated expenditures:

Instruction

Supporting services:
Students
Instructional staff
Central administration
School administration
Business
Operation and maintenance of facilities
Student transportation

Food services

Community services

Capital outlay

Debt service:
Principal retirement
Interest and fiscal charges

Total estimated expenditures
Total estimated transfers and other financing uses

Total estimated expenditures and other financing uses

WVDE 11-20-37

22,591

591,429
5,104,045

5,718,065

2,040,949
7,759,014

3,370,290

300,686
161,844

6,234
1,500
15,460
3,850,022

7,706,033
52,981

7,759,014


JACKSON COUNTY BOARD OF EDUCATION
STATEMENT OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 2025

A public hearing regarding the 2024-25 proposed budget for the Jackson County Board of Education will be held
on Thursday, May 16, 2024, at 7:00 p.m. at the Board Office. The proposed budget document will be available
for public review through Thursday, May 16, 2024, between the hours of 8:00 a.m. and 4:00 p.m. at the Board
Office located at #1 School Street, Ripley, West Virginia.

STATE OF WEST VIRGINIA,

Jackson County, to wit:

|, William P. Hosaflook, Secretary of the Jackson 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

16th day of May, 2024.

Secretary of the Board of Education