The Beauregard Parish School Board is going to revise its budget to adjust for the tax refund ordered by Packaging Corporation of America (PCA) to Beauregard Parish.

There is speculation that this could have an impact on teachers and school employees.

However, board members have not made any official statement or decision regarding what could change in the budget. As of this writing, it is unclear how the revision will affect Beauregard Parish Schools or its employee’s. What is known is that the School Board will begin making monthly payments to PCA soon.

The revision will take place during the school board’s regular meeting on Thursday October 12.

On September 14, at the regular meeting, the board agreed to an installment plan that will see them pay installments of $35,826.73 every month for the next 18 months for a total amount of  $644,881.10. The board chose to accept the proposal after District Attorney James Lestage advised them that it was the best course of action.

By accepting the proposal, PCA has agreed to waive all potential interest charges. Waiving those charges reportedly saves Beauregard Parish thousands of additional dollars.

The board was told during the September meeting that due to an error in PCA’s accounting software, the company overpaid taxes to Beauregard Parish for years. The overpayment totaled to about 1.4 million dollars and is to be paid back by the Beauregard Parish School Board, Beauregard Parish Police Jury, and the Beauregard Parish Sheriff’s Department.

Each of those organizations would have to agree to the refund plan before any payments could begin. As of this writing both the Police Jury and School Board have agreed to the 18 month refund plan.

For more information, contact the Beauregard Parish School Board by calling 337-463-5551.