Document type | proposal |
---|---|
Date | 2024-05-21 |
Source URL | https://go.boarddocs.com/wv/rand/Board.nsf/files/D58PV8643876/$file/Publication-Format-25%20Signed.pdf |
Entity | randolph_county_schools (Randolph Co., WV) |
Entity URL | https://boe.rand.k12.wv.us/ |
Raw filename | Publication-Format-25%20Signed.pdf |
Stored filename | 2024-05-21-5d5e0d06d041cafc0b11dd92983e7cad-proposal.txt |
Parent document: Regular Board Meeting - 5_30 p.m.-05-21-2024.pdf
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