Glynn County Schools report $2.4M surplus in local tax revenues; budget amendment adds $10,000 grant funding

Miss Cody, a district staff member, presented the May financial report and a single May budget amendment, saying the amendment was "in the amount of $10,000 for our parent a teacher grant" and that it increased both expected revenues and expenditures.

She reported general fund revenues at 91.3% of budget and expenditures at 88.7% year to date. "One item I did want to highlight is that our local tax revenues are approximately $2,400,000 over budget," Miss Cody said, adding roughly half of that increase was from the title ad valorem tax and the remainder from higher-than-anticipated collections on prior-year property taxes (about $1,300,000, per staff comment).

Miss Cody also reported April sales tax collections received in May totaled $3,523,836.05, a 9.66% increase compared with collections in May 2025. She noted May interest income of $516,251.50 and told the board that June financial statements will not be presented until after the auditors complete the financial audit and finalize statements.

Board members asked follow-up questions about the portion attributable to prior-year collections and how the tax commissioner supplied those figures; staff said the district received the prior-year collection detail from the tax commissioner and would provide additional breakdowns if requested.

There were no motions tied directly to the financial presentation; the board took the report as presented and moved on to operations and other business.