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 #12 Item Title Adopt the 2010-11 Tentative Budget (all Funds) and set the Public Hearing for the 2010-11 Final Budget Thursday, September 16, 2010 at 7:00 p.m. Issue/Rationale TRIM requires two public hearings for open discussion of millage rates and budgets of taxing authorities.  The first substantive issue discussed by the governing body of taxing authority is the percentage increase or decrease in millage over the rolled-back rate necessary to fund the budget, if any, and the specific purposes for which ad valorem tax revenues are being increased or decreased.  The general public is allowed to speak and ask questions prior to adoption of any measures by the governing body.  The millage rate is adopted first and the budget is adopted second. Recommended Action Motion to adopt the Tentative 2010-11 Budget of $328,314,622 and to set the public hearing for 2010-11 Final Budget for Thursday, September 16, 2010 at 7:00 p.m. in the Teacher Training Center at Fleming Island High School. Financial Impact N/A Submitted By Dr. George F. Copeland, Assistant Superintendent for Business Affairs