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Sampson County adopts joint school funding formula to provide earlier budget certainty
Summary
The county adopted a funding agreement with Sampson County Schools and Clinton City Schools that sets county operating support at 25% of certain local revenues and allocates funds pro rata by student population; both school boards had approved the agreement earlier the same day.
The Sampson County Board of Commissioners on May 20 adopted a jointly agreed current-expense funding agreement with Sampson County Schools and Clinton City Schools, authorizing the board chairman to sign the policy on the county's behalf.
Under the adopted agreement the county will set its annual operating contribution for the two school systems at 25 percent of the sum of all property tax revenues and all sales tax revenues received by Sampson County in the immediately preceding calendar year, excluding amounts specifically designated by state statute for education. The total county contribution will be divided between Sampson County Schools and Clinton City Schools pro rata based on the most recent student…
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