Local school districts are praising a new tax distribution schedule implemented by Madison County Treasurer Chris Slusser that accelerates real estate tax distributions.
“I came up with the idea after meeting with Dr. Jill Griffin, the Bethalto Schools superintendent, in August 2017,” Slusser said. “The distribution schedule now delivers funds sooner than expected. With the state withholding funds during the budget crisis, Bethalto schools were not going to be able to make payroll and would not be able to open their doors to start the school year.”
Slusser said the decision was made to deliver extra distributions to get the property tax funds to the taxing districts sooner than anticipated, which allowed them to make their payroll obligations.
Read full story here: School districts praise treasurer for accelerated payments