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Monongalia County Schools board approves FY2025 financial statements; district transfers $9 million to capital fund
Summary
The board approved audited financial statements for year ending June 30, 2025, noting key figures: general fund revenues of $180.8 million, property tax revenue of about $87 million, and a $9 million transfer to the permanent improvement fund to support capital projects.
The Monongalia County Board of Education voted on Oct. 14 to approve the district’s financial statements for the year ended June 30, 2025.
District business staff presented fund balances, revenues and expenditures and noted that the general fund recognized total revenues of $180,783,224 and that property tax receipts accounted for roughly $87 million of that total. State aid recorded in the presentation was roughly $84 million. The district reported that it transferred about $9 million from the general fund into the permanent improvement fund to support capital projects; staff…
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