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Vicksburg-Warren board flags tax-collection shortfall, reviews $7.9M ESSER reimbursement issue
Summary
Board members were told ad valorem tax collections lag typical levels and staff outlined steps — including a possible shortfall resolution — while officials described changes to federal ESSER reimbursements that may require the district to reclaim $7.9 million through allowable prior-year expenditures.
The Vicksburg Warren School District Board of Trustees was told on an administrative financial update that ad valorem (property tax) collections are below the normal rate and staff are preparing a possible shortfall resolution to present to the county board of supervisors.
“Our last ad valorem check was about $565,000,” said Mr. Pratt, a district finance staff member, adding that as of the report the district had collected roughly 85% of its ad valorem request for the year and that the district typically is above 90% at this point.
The shortfall conversation prompted a plan to meet next week with Jim Young, a consultant the board previously…
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