Oconee County Schools has collected 99 percent of its projected revenue from ad valorem taxes and from title taxes, two-thirds of its funding from the state Quality Basic Education (QBE) formula, and 28 times the budgeted amount for investment income.
Oconee County Schools Chief Financial Officer Peter Adams made that report to School Board on Monday, saying that, in the eighth month of the school year “we are on target for the period, maintaining a well balanced financial position.”
