3rd Logan County sales tax payment received for school facilities

[June 11, 2012]  Logan-Mason-Menard Regional Superintendent of Schools Jean Anderson's office has received the third payment of the Logan County sales tax for school facilities. The $155,850.51 payment covers the sales month of March and was received last week.

The 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 for the fall of 2011. The funds may be used by school districts for facility purposes outlined in the School Code portion of the Illinois Compiled Statutes.

State law directs the regional education offices to distribute the 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.

March sales tax funds received June 7 will be distributed to the districts on or before June 29.

So far, the sales tax 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

See table below for payments to school districts.

[Text from file received from Regional Office of Education 38]

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March sales tax revenue paid to district

Monthly payment received: $155,850.51

Divided by total number of students: $38.73024602

School district	Students residing in Logan County	April payment breakdown	School percentage
Athens	5	$193.65	0.12%
Chester-East Lincoln	285	$11,038.12	7.08%
Clinton	0	$ --	0.00%
Delavan	2	$77.46	0.05%
Greenview	0	$ --	0.00%
Hartsburg-Emden	220	$8,520.65	5.47%
Illini Central	47	$1,820.32	1.17%
Lincoln Community High School	848	$32,843.25	21.07%
Lincoln Elementary	1,323	$51,240.12	32.88%
Mount Pulaski	501	$19,403.85	12.45%
New Holland-Middletown	92	$3,563.18	2.29%
Olympia	408	$15,801.94	10.14%
Warrensburg-Latham	93	$3,601.91	2.31%
West Lincoln-Broadwell	196	$7,591.13	4.87%
Williamsville	4	$154.92	0.10%
TOTALS	4,024	$155,850.51	100.00%

[Table from file received from Regional Office of Education 38]