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Hancock County School District hears midyear finance update, schedules budget hearings for August
Summary
District staff reported a small shortfall in tax collections, outlined bond and debt timing and proposed a budget timeline with a public hearing Aug. 4 and final approval the week of Aug. 11–15.
District finance staff told the Hancock County School District Board of Trustees that tax collections for the current year fell slightly short of earlier estimates and laid out a timeline for the district’s 2025–26 budget, including a public hearing planned for Aug. 4.
The board heard that total ad valorem and homestead receipts that were expected for the year came in about $61,945 below the district’s estimate. A staff presenter said the district received $16,768,000 versus an available base of $16,830,011.56 and described the variance as “relatively small” given tax‑collection volatility.
The finance presentation placed the district’s operating…
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