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Board approves December financial report, hears revenue uptick tied to tax timing

Anderson County Board of Education · January 13, 2025
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Summary

Anderson County board approved the December financial report noting a 19.1% revenue increase driven largely by a higher starting balance and timing of property tax receipts; board also approved routine payments and the treasurer's orders.

The Anderson County Board of Education on Jan. 13 approved the district's December financial report after a presentation by the finance director.

The presenter told the board that “overall Revenue has increased by 19.1%,” attributing most of that change to a higher starting balance (about $630,000) and timing of property tax receipts (about $1.98 million). Interest income for the month was reported at about $105,000, and the presenter said year-over-year revenue increased roughly $240,000. Salary-and-benefit expenses were reported down about 3.5% because some positions were funded by grants this year, while non-salary expenditures rose about 4.8% with property insurance, new buses and maintenance trucks cited as main drivers.

Board members moved and approved the financial report and then approved the treasurer's orders and listed payments by roll call; all recorded votes were affirmative. The finance presenter noted these figures are in part timing issues (when taxes were recorded) and that some amounts—such as collection fees tied to sheriff tax collections—reflect higher property tax receipts rather than structural revenue growth.

The meeting packet included motions to approve routine payments, including a commissioning payment for HVAC commissioning work on Anderson County Middle School and Saffle Street Elementary; the transcript shows the motion passed by roll call, and the board asked staff to verify invoice amounts in the official financial records for posting.