4th Logan County sales tax payment received for school facilities
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[July 16, 2012]
Logan-Mason-Menard Regional
Superintendent of Schools Jean Anderson's office has received the
fourth payment of the Logan County sales tax for school facilities.
The $151,316.11 payment covers the sales month of April and was
received last week.
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These funds go to all public school districts that have territory in
Logan County, based on the number of students who live in that
territory. Distributions are based on housing and enrollment numbers
that school officials reported to the Illinois State Board of
Education in the fall of 2011. The funds may be used by the school
districts for facility purposes outlined in the School Code portion
of the Illinois Compiled Statutes.
State law directs regional education offices to distribute these
funds and allows them to hold the funds in their accounts for up to
30 days. School districts maintaining agreements with Regional
Office of Education 38 permit the office to keep interest earned on
the funds during that time. When no agreement is present, funds for
that particular district are deposited in a non-interest-bearing
account until distribution. Interest accrued will be used to provide
services to the school districts in the region, including the
additional work and inspections resulting from expected
construction, renovation and maintenance projects. The school
districts receive a report on how much interest money is earned and
how it is being spent.
Funds received last week will be distributed to the districts on
or before Aug. 4.
[to top of second column] |
So far, the amounts collected and distributed for each month are
as follows:
Sales month |
Received |
Amount |
January 2012 |
April 2012 |
$121,217.13 |
February 2012 |
May 2012 |
$136,677.04 |
March 2012 |
June 2012 |
$155,850.51 |
April 2012 |
July 2012 |
$151,316.11 |
See table below for payments to school
districts.
[Text from file
received from Regional Office of
Education 38]
|
April 2012 sales tax
revenue paid to district
Monthly payment received: $151,316.11
Divided by total number of students: $37.60340706
School
district |
Students residing
in Logan County |
April payment
breakdown |
School
percentage |
Athens |
5 |
$188.02 |
0.12% |
Chester-East
Lincoln |
285 |
$10,716.97 |
7.08% |
Clinton |
0 |
$
-- |
0.00% |
Delavan |
2 |
$75.21 |
0.05% |
Greenview |
0 |
$
-- |
0.00% |
Hartsburg-Emden |
220 |
$8,272.75 |
5.47% |
Illini Central |
47 |
$1,767.36 |
1.17% |
Lincoln
Community High School |
848 |
$31,887.69 |
21.07% |
Lincoln
Elementary |
1,323 |
$49,749.31 |
32.88% |
Mount Pulaski |
501 |
$18,839.31 |
12.45% |
New
Holland-Middletown |
92 |
$3,459.51 |
2.29% |
Olympia |
408 |
$15,342.19 |
10.14% |
Warrensburg-Latham |
93 |
$3,497.12 |
2.31% |
West Lincoln-Broadwell |
196 |
$7,370.27 |
4.87% |
Williamsville |
4 |
$150.41 |
0.10% |
TOTALS |
4,024 |
$151,316.11 |
100.00% |
[Table from file received from
Regional Office of Education 38] |