Monday, January 14, 2013
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10th Logan County sales tax payment received for school facilities

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[January 14, 2013] Logan-Mason-Menard Regional Superintendent of Schools Jean Anderson's office has received the 10th payment of Logan County sales tax revenue for school facilities. The payment received Thursday covers the sales month of October, and the amount received was $146,304.84.

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 Feb. 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

See table below for payments to school districts.

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

 

 


October 2012 sales tax revenue

 

Monthly payment received: $146,304.84

Divided by total number of students = $36.46680957

 

School
district

Students residing
in Logan County

Payment
breakdown

School
percentage

Athens

1

$36.47

0.02%

Chester-East Lincoln

260

$9,481.37

6.48%

Clinton

0

$-

0.00%

Delavan

0

$-

0.00%

Greenview

0

$-

0.00%

Hartsburg-Emden

251

$9,153.17

6.26%

Illini Central

49

$1,786.87

1.22%

Lincoln Community High School

843

$30,741.52

21.01%

Lincoln Elementary

1,269

$46,276.38

31.63%

Mount Pulaski

507

$18,488.67

12.64%

New Holland-Middletown

119

$4,339.55

2.97%

Olympia

411

$14,987.86

10.24%

Warrensburg-Latham

91

$3,318.48

2.27%

West Lincoln-Broadwell

205

$7,475.70

5.11%

Williamsville

6

$218.80

0.15%

TOTALS

4,012

$146,304.84

100.00%

 

 

 

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