Cartersville schools see extra money
by Mark Andrews
Nov 11, 2012 | 829 views | 0 0 comments | 5 5 recommendations | email to a friend | print
The Cartersville City Board of Education on Thursday, Nov. 8, reported seeing more than $1,000 in revenue from the state — but the specific source of the funding is still a question.

“This month’s regular [Special Purpose Local Option Sales Tax] check was $359,882.18 and then we got one of those pro rata distributions for $1,170.22,” Finance Committee Chairperson Kelley Dial said during Thursday’s work session. “That’s just the mystery money that comes in a few times a year because the state can’t account for.”

Dial further explained to The Daily Tribune News, “To the best of my understanding, the state has sales tax money that they can’t correctly figure out where it comes from, and so we get a little check because of that. It’s never something we rely on.”

She said the largest pro rata check the system has received to date has been about $29,000.

In other school finance news, Dial reported the system has collected to date about 18 percent of projected SPLOST revenue.

“[October] would be the month where the majority of the money comes in, we looked at our cash flow analysis, plugged in the [SPLOST] numbers and even though the [$359,882] check is a little lower than we’ve received in previous months, it’s still higher than the [$350,000] we project for every month.”

While Gov. Nathan Deal announced Friday that statewide revenues were up from last October, SPLOST collections were down for Cartersville schools compared to last year’s October collection rate of $395,330, Dial said.

“You would think [SPLOST] would go up and down depending on [spending times like] Christmas, but the highest we’ve been in the last year or so has been $417,000 back in September of last year,” Dial said.

The board will hold its regular business session Monday, Nov. 12 at 6 p.m. in the central office boardroom.