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