Logan County sales tax payment received for schools

[July 15, 2013]  Logan-Mason-Menard Regional Superintendent of Schools Jean Anderson's office has received the next payment of Logan County sales tax revenue for school facilities. The payment covers the sales month of April, and the amount received was $138,347.75.

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 last week will be distributed to the school districts on or before Aug. 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.

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

See table below for payments to school districts.

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

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April 2013 sales tax revenue paid to school districts

Monthly payment received: $138,347.75

Divided by total number of students = $34.48348704

School district	Students residing in Logan County	Payment breakdown	School percentage
Athens	1	$34.48	0.02%
Chester-East Lincoln	260	$8,965.71	6.48%
Clinton	0	$ -	0.00%
Delavan	0	$ -	0.00%
Greenview	0	$ -	0.00%
Hartsburg-Emden	251	$8,655.36	6.26%
Illini Central	49	$1,689.69	1.22%
Lincoln Community High School	843	$29,069.58	21.01%
Lincoln Elementary	1,269	$43,759.55	31.63%
Mount Pulaski	507	$17,483.13	12.64%
New Holland-Middletown	119	$4,103.53	2.97%
Olympia	411	$14,172.71	10.24%
Warrensburg-Latham	91	$3,138.00	2.27%
West Lincoln-Broadwell	205	$7,069.11	5.11%
Williamsville	6	$206.90	0.15%
TOTALS	4,012	$138,347.75	100.00%