Publication-Format-25%20Signed.pdf

Parent document: Regular Board Meeting - 5_30 p.m.-05-21-2024.pdf

Text

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 §11-8-12 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) $ 9,447,815

Other local sources 215,000
State Sources:

State aid to schools 28,633,726

Other unrestricted 1,677,269
Federal sources:

Unrestricted 225,000
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 $ 25,629,242

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

WVDE 11-20-37


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:
Miscellaneous sources
Total estimated revenues
Estimated transfers in and other financing sources

Estimated beginning balance

Total estimated revenues,
transfers, and beginning balance $

Estimated expenditures:
Capital projects $
Total estimated expenditures
Total estimated transfers and other financing uses

Total estimated expenditures and other financing uses $

WVDE 11-20-37

3,096,395

3,096,395

100,000

3,196,395

3,196,395

3,196,395

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
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

933,554
36,555
5,263,536
6,233,645
1,352,562

100,000

7,686,207

150,000

3,373,108

3,523,108

4,163,099

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:

| 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.

Board of Education

WVDE 11-20-37