Strong late 2010 property tax collections gave the Effingham County Board of Education breathing room and then some.
“December was a very strong month for collections,” said Ron Wilson, financial director for the Effingham school district.
As reported at the board’s Jan. 5 meeting, the end of November recorded a general fund revenue deficit of $3,062,475. But $8.3 million in collected property taxes absorbed that deficit, aligning the general fund with the budget and leaving $10,822,000 in property taxes to be collected.
For the complete story, see Tuesday's print edition of the Effingham Herald.