Special Recognitions
- Fort Mill High School Girls Swim Team – 5A Division 2 State Champions
- Fort Mill High School Boys Swim Team Members Turner Wiand and Dominic Impens – Palmetto’s Finest Record Book for SCHSL
- Fort Mill High School Girls Cross Country Team – 5A Division 2 State Champions
- Fort Mill High School Boys Cross Country Team – 5A Division 2 State Champions
Monthly Financial/Impact Fee Update
Mrs. Leanne Lordo presented the monthly financial and impact fee report:
Monthly Financial Report
- October 31st – Fourth Month in Fiscal Year
- Total Revenue $48,561,893
Total Expenditures $67,602,607
Decrease ($19,040,714) – Cash flow using Fund Balance
- Vehicle tax collections $2,003,898
- Real Estate taxes $3,133,252
- Act 388 Tier 3 month began in Oct. $2,321,695
Impact Fees
- Total collected to date $71,263,072
- To Date, Interest Earned on Impact Fees $6,669,901
- Single Family units 2,774/Multi Family 1,739 Total 4,513 Units
- November had 57 homes and 60 multi-family units added
- Comparable data for 12 months rolling for Single Family
- November 2023 to November 2024 $8,098,468 or 446 SF Units (55% more)
- November 2022 to November 2023 $5,211,346 or 287 Units
- Comparable data for 12 months rolling for Multi Family
- November 2023 to November 2024 $1,033,720 or 86 MF Units (51% less)
- November 2022 to November 2023 $2,127,540 or 177 Units
- Calendar Year 2024 To Date Average collections $807,089
November 2024 Actual collections $1,756,206
Financial Audit
- David Phillips will present the report to the Board at the January 7th meeting.
Bank of America Purchasing Card Program
- District receives annual rebate based on spend volume
- Received notification $100,430 will be deposited to us by December 31st…we will allocate to schools based on their spend percentage. Highest amount to date.
SCSBA Legislative Conference Report
School board members gave a recap of the South Carolina School Boards Association conference, where attendees had the opportunity to hear about the top educational issues from state political, policy and budgetary leaders.
Fort Mill School Board meetings can be viewed live or on demand on the district’s YouTube channel or with the link below.
https://www.youtube.com/watch?v=3bOJ7EcZfmw
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