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.
July 28, 2008 Special Meeting
Agenda Item #8


Item Title
Adopt the 2008-09 capital improvement fund mill levy

Issue/Rationale
1.750 Mill Levy - Section 1011.71(2),F.S., for new construction and remodeling, maintenance, renovations, and repairs of existing school plants or of leased facilities; the purchase, lease-purchase or lease of school buses or new and replacement equipment; payments for educational facilities and sites an amount equal to three-fourths of the proceeds from the millage; payment of costs of leasing relocatable facilities.

Recommended Action
Motion to adopt the 2008-09 capital improvement fund mill levy of 1.750 which is (0.127) percent less than the rolled-back rate.

Financial Impact
This levy will generate $18,380,823 to Fund 300.

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