School District of Clay County
Green Cove Springs, Florida
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway SPECIAL MEETING - 5:15 P.M.
July 26, 2010 Special Meeting
Agenda Item #9


Item Title
Adopt the 2010-11 Capital Improvement Fund Mill Levy

Issue/Rationale
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 (7.99) percent less than the rolled-back rate.

Financial Impact
This levy will generate $14,059,198 to Fund 300.

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