BERKELEY SPRINGS, W.Va. -- A proposed $26,579,378 budget for fiscal year 2009-10 and a continued 83.5 percent special levy rate was approved Tuesday night by the Morgan County Board of Education.
The preliminary budget will be sent to the state for its approval. The final vote will be made April 21, board President Laura Smith said.
General expenses of $22,649,131 for fiscal year 2009-10 are lower than last year by more than $82,000. The special revenue fund of $3,525,247 is lower than last year by more than $80,000.
School funding is collected from local property taxes. The general expense levy funding comes from about $5 million in local property taxes and more the $7 million in state aid. The local tax funding is used for general operating expenses for all West Virginia schools, Morgan County Schools Treasurer Nancy White said.