Logan County sales tax payment received for schools

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[October 18, 2013]  Logan-Mason-Menard Regional Superintendent of Schools Jean Anderson's office has received a payment of Logan County sales tax revenue for school facilities. The payment covers the sales month of July, and the amount received was $154,569.05.

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. The funds may be used by the districts for school facility purposes outlined in the School Code portion of the Illinois Compiled Statutes. Distributions are based on housing and enrollment numbers that school officials reported to the Illinois State Board of Education in the fall of 2012.

The funds received will be distributed to the school districts on or before Nov. 5.

State law directs regional education offices to distribute these funds and allows the offices 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. 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. When no agreement is present, funds for that particular district are deposited in a non-interest-bearing account until distribution.

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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

May 2012

August 2012

$160,382.94

June 2012

September 2012

$154,257.05

July 2012

October 2012

$137,416.08

August 2012

November 2012

$159,547.17

September 2012

December 2012

$144,808.72

October 2012

January 2013

$146,304.84

November 2012

February 2013

$144,849.09

December 2012

March 2013

$161,347.49

January 2013

April 2013

$131,726.41

February 2013

May 2013

$134,912.45

March 2013

June 2013

$146,781.73

April 2013

July 2013

$138,347.75

May 2013

August 2013

$171,189.96

June 2013

September 2013

$160,828.01

July 2013

October 2013

$154,569.05

See table below for payments to school districts.

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


July 2013 sales tax revenue received by Regional Office of Education 38

Monthly payment received: $154,569.05

Divided by total number of students = $38.52668245

School district

Students residing in Logan County

Payment
breakdown

School percentage

Athens

1

$38.52

0.02%

Chester-East Lincoln

260

$10,016.94

6.48%

Clinton

0

$ --

0.00%

Delavan

0

$ --

0.00%

Greenview

0

$ --

0.00%

Hartsburg-Emden

251

$9,670.20

6.26%

Illini Central

49

$1,887.81

1.22%

Lincoln Community High School

843

$32,477.99

21.01%

Lincoln Elementary

1,269

$48,890.36

31.63%

Mount Pulaski

507

$19,533.03

12.64%

New Holland-Middletown

119

$4,584.67

2.97%

Olympia

411

$15,834.47

10.24%

Warrensburg-Latham

91

$3,505.93

2.27%

West Lincoln-Broadwell

205

$7,897.97

5.11%

Williamsville

6

$231.16

0.15%

Totals

4,012

$154,569.05

100.00%

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