2nd payment of Logan County sales tax received for school facilities

[May 14, 2012]  The office of Logan-Mason-Menard Regional Superintendent of Schools Jean Anderson has received the second payment of Logan County's school facilities sales tax, in the amount of $136,677.04. The payment covers the sales month of February and was received May 8.

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 that are outlined in the School Code portion of the Illinois Compiled Statutes. Distributions are based on housing and enrollment figures that school officials provided to the Illinois State Board of Education in a fall report.

Funds received on May 8 will be distributed to the districts on or before June 5.

State law directs the regional education offices to distribute the sales tax 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 in Lincoln 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.

So far, the amounts collected and distributed for each month are as follows:

Received	Sales month	Amount
April 2012	January 2012	$121,217.13
May 2012	February 2012	$136,677.04

See below for table of sales tax revenue paid to school districts with students from Logan County.

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

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February 2012 sales tax revenue paid to school districts

Monthly payment received: $136,677.04
Divided by total number of students = $33.96546720

School district	Students residing in Logan County	April payment breakdown	School percentage
Athens	5	$169.83	0.12%
Chester-East Lincoln	285	$9,680.16	7.08%
Clinton	0	$-	0.00%
Delavan	2	$67.93	0.05%
Greenview	0	$-	0.00%
Hartsburg-Emden	220	$7,472.40	5.47%
Illini Central	47	$1,596.38	1.17%
Lincoln Community High School	848	$28,802.72	21.07%
Lincoln Elementary	1,323	$44,936.31	32.88%
Mount Pulaski	501	$17,016.7012.	45%
New Holland-Middletown	92	$3,124.82	2.29%
Olympia	408	$13,857.91	10.14%
Warrensburg-Latham	93	$3,158.79	2.31%
West Lincoln-Broadwell	196	$6,657.23	4.87%
Williamsville	4	$135.86	0.10%
TOTALS	4,024	$136,677.04	100.00%

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