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Treasurer reports $5 million timing variance in property tax settlements; district says reserves and expenditure control will cover timing gap
New Albany‑Plain Local Schools Board of Education · April 28, 2026
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Summary
Treasurer Miss Jenkins told the board that software changes at the county auditor/treasurer delayed settlement payments, producing an estimated $5,000,000 timing variance (about 5.9% under expected collections), but expenditures are under budget and other revenues will offset the timing issue.
Treasurer Miss Jenkins presented the monthly financial statement and reported a roughly $5,000,000 variance in real‑estate property tax settlements tied to a county auditor/treasurer software update. She said the county’s software…
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