July School Tax report

[July 24, 2014]  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 April, 2014, and the amount received was $167,343.45.

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 2013.

The funds received will be distributed to the school districts on or before August 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
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
August 2013	November 2013	$158,894.96
September 2013	December 2013	$153,002.72
October 2013	January 2014	$153,123.95
November 2013	February 2014	$146,358.16
December 2013	March 2014	$164,574.42
January 2014	April 2014	$137,975.12
February 2014	May 2014	$140,336.25
March 2014	June 2014	$152,038.57
April 2014	July 2014	$167,343.45

See table below for payments to school districts.

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

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Breakdown of dollars per school (click to enlarge)