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District reports drop in some local tax revenues; enrollment down slightly in period 8
Summary
Finance staff reported lower local shared tax revenues compared with the prior year (property tax and sales tax impacts), while enrollment fell by 23 students between period 8 this year and last; average daily attendance edged up to 95.9 percent and truancy remained at 443.
District reports drop in some local tax revenues; enrollment down slightly in period 8
Murfreesboro City Schools’ finance staff told the board that local shared revenues — including property tax and sales tax — are below last year’s levels and that the district is approximately $400,000–$500,000 down on property-tax-related shared revenue compared with the previous year. The district also expects a delayed mixed-drink tax payment that staff said could total roughly $300,000 and offset part of the…
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