School District of Clay County
Green Cove Springs, Florida
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway TIME: 5:15 p.m.
August 3, 2009 Special Meeting - Budget
Agenda Item #7

Item Title
Adopt the 2009-10 capital improvement fund mill levy

1.500 Mill Levy - Section 1011.71(2), F.S., for new construction and remodeling, maintenance, renovations, and repairs of existing school plants or leased facilities; the purchase, lease-purchase of lease of school buses or new replacement equipment; payments for educational facilities.

Recommended Action
Motion to adopt the capital improvement fund mill levy of 1.500 mills which is 19.50 percent less than the rolled-back rate.

Financial Impact
This levy will generate $14,991,354 Fund 300.

Submitted By
Dr. George F. Copeland, Assistant Superintendent for Business Affairs