FOR IMMEDIATE RELEASE
August 15, 2007
FORESTRY COMMISSION EARMARKS RECORD AMOUNT OF REVENUE FOR SC PUBLIC SCHOOL STUDENTS
(Columbia, SC) --County payouts from the South Carolina Forestry Commission have begun. Funds come from revenue generated by forest product sales and recreation fees on state forest lands. The money is given to counties for education and, in some cases, is given directly to school districts themselves. The South Carolina Forestry Commission is the only state agency that returns revenue to local education this way.
Payouts represent 25 percent of the revenue earned by state forest land in a given county during the fiscal year. For instance, this year Chesterfield County Schools will receive $338,667.00 from the Forestry Commissionís revenue from Sand Hills State Forest. Sand Hills is a 46,000 acre tract of land located mostly in Chesterfield County.
Other payouts of note include Sumter County, where schools will receive $180,957.00 from revenue generated by Manchester State Forest. This year for the first time Williamsburg County will receive $74,148.00 for area schools, 25 percent of revenues generated by the new Wee Tee State Forest.
All told, the South Carolina Forestry Commission has averaged statewide payouts of $416,756.00 since 1990. Total payouts for Fiscal Year 2006-2007 are $642,507.10 (a record). These funds are paid in lieu of property taxes and are paid in only those counties where the Forestry Commission has land.
For more information, contact Scott Hawkins (803) 896-8820