Attached you’ll find a summary showing the sales tax savings acquired through direct purchasing of materials on construction projects over the past two years. The School District has completed 25 projects since 2011 acquiring tax savings of just over $652,000. The School District currently has 9 active projects with a projected sales tax savings of approximately $217,000 for a total cumulative savings of nearly $870,000 over the past two years. During this same timeframe, we have also earned nearly $80,000 in rebates by using our Visa purchasing cards as often as possible on these material purchases.

You’ll also find a second attachment showing the District’s cumulative tax savings since the Spring of 2006, when direct purchasing of materials was first implemented here. The School District has completed 71 direct purchasing projects acquiring sales tax savings of just over $1.7 million. Combined with our 9 current active projects, we show a cumulative tax savings of nearly $2 million. Since May of 2009, we began using the VISA card as often as possible on all direct purchase materials. We have used VISA for over $8.5 million in payments. With our current rebate earnings at 1.35%, we have earned a rebate thus far of nearly $115,000.