Document type | proposal |
---|---|
Date | 2024-05-16 |
Source URL | https://go.boarddocs.com/wv/jac/Board.nsf/files/D4SP9N61E0C9/$file/Bud%20Pub%20FY25.pdf |
Entity | jackson_county_schools (Jackson Co., WV) |
Entity URL | https://www.boe.jack.k12.wv.us/ |
Raw filename | Bud%20Pub%20FY25.pdf |
Stored filename | 2024-05-16-9b4a417bf2660a49364c15d858a48591-proposal.txt |
Parent document: May 2, 2024, Regular Session-05-02-2024.pdf
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