How can a school district estimate what amount of school local option sales tax it might receive?
The Department of Revenue is able to provide an estimate based on general state sales tax data. This estimate would represent the potential collections that would be generated in a county by the retailers collecting local option sales tax for that county. By August 15 of each fiscal year, a written notice of the monthly estimated school local option payments for the fiscal year will be sent to school districts. House File 683 passed in the 2003 legislative session appropriated a maximum of $10 million for supplemental funding to the school infrastructure local option fund. This appropriation is to be prorated to counties that passed the school local option tax but do not generate collections equal to the guaranteed per pupil amount. The Department will release this supplemental amount by county when the official estimates are released on August 15 of each year. Since the school local option sales tax and the state sales tax are imposed differently based on each transaction, the data is
