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Pickens County schools report $9.5 million January balance; federal draws remain a month behind
Summary
Chief Financial Officer Amy Smith told the board on Feb. 13 that the district is on track with expenditures but that timing of payroll and federal draws makes year‑to‑date percentages appear low. Capital outlay receipts for the month were reported and the district expects the FY24 audit to start soon.
At the Feb. 13 Pickens County Board of Education meeting, Chief Financial Officer Amy Smith presented the district’s January financial report, saying the district had collected roughly 66.63% of its budgeted general fund revenue and expended 44.78% of approved expenditures through January.
Smith told the board that payroll timing for employees who are…
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