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9th Logan County sales tax payment received for school facilities
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[December 18, 2012]
Logan-Mason-Menard Regional
Superintendent of Schools Jean Anderson's office has received the
ninth payment of Logan County sales tax revenue for school
facilities. The payment covers the sales month of September 2012,
and the amount received was $144,808.72.
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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. 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 2011.
The funds received will be distributed to the school districts on or
before Dec. 21.
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 |
Sept. 2012 |
$154,257.05 |
|
July 2012 |
October 2012 |
$137,416.08 |
|
August 2012 |
Nov. 2012 |
$159,547.17 |
|
Sept. 2012 |
Dec. 2012 |
$144,808.72 |
See table below for payments to school
districts.
[Text from file received from
Regional Office of Education 38]
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September 2012 sales tax revenue
paid to school districts
Monthly payment received: $144,808.72
Divided by total number of students = $35.98626243
|
School
district |
Students residing in Logan County |
Payment
breakdown |
School
percentage |
|
Athens |
5 |
$179.92 |
0.12% |
|
Chester-East Lincoln |
285 |
$10,256.08 |
7.08% |
|
Clinton |
0 |
$ - |
0.00% |
|
Delavan |
2 |
$71.97 |
0.05% |
|
Greenview |
0 |
$ - |
0.00% |
|
Hartsburg-Emden |
220 |
$7,916.98 |
5.47% |
|
Illini
Central |
47 |
$1,691.35 |
1.17% |
|
Lincoln
Community High School |
848 |
$30,516.35 |
21.07% |
|
Lincoln
Elementary |
1,323 |
$47,609.83 |
32.88% |
|
Mount
Pulaski |
501 |
$18,029.12 |
12.45% |
|
New
Holland-Middletown |
92 |
$3,310.74 |
2.29% |
|
Olympia |
408 |
$14,682.40 |
10.14% |
|
Warrensburg-Latham |
93 |
$3,346.72 |
2.31% |
|
West
Lincoln-Broadwell |
196 |
$7,053.31 |
4.87% |
|
Williamsville |
4 |
$143.95 |
0.10% |
|
TOTALS |
4,024 |
$144,808.72 |
100.00% |
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