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Finance director: May report shows strong general fund position; late sales tax receipt will post in June
Summary
The district's May financial report showed general fund revenues exceeding expenses and an expected late sales tax deposit. The director noted special fund spending patterns, student activity refunds from canceled trips and ongoing reliance on contracted special‑services providers.
Kershaw County School District presented its May 2025 financial dashboard to the Board of Trustees, with staff reporting general fund revenues above expenses and an expected late sales tax deposit that will be recorded in June.
The finance director said there was no sales tax revenue booked for the reporting month because the state check was not received until June 4; staff said two deposits are expected in June to close out the year's sales tax receipts. The report summarized that year‑to‑date local revenue (including ad valorem and fee‑in‑lieu receipts) and state revenue were generally in line with expectations, though aid…
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