School District of Clay County
Green Cove Springs, Florida
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway TIME - 5:15 PM
July 30, 2007 Special Meeting
Agenda Item #7


Item Title
Adopt the 2007-08 supplemental discretionary mill levy

Issue/Rationale
If the district chooses to levy the Discretionary Local Effort Millage, it is also eligible to levy an additional non-voted discretionary property tax of up to 0.25 mills in order to produce a maximum of $100 per FTE.  (The .25 Mill Discretionary Equalization shown previously is awarded to districts who do not generate at least $100 per student with the levy for 2007-08.)

Recommended Action
Motion to adopt the supplemental discretionary mill levy of 0.250 which exceeds the rolled-back rate by 9.17 percent.

Financial Impact
The levy will generate $2,532,562 to fund 100.

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