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 29, 2014 Special Meeting-Public Hearing Agenda Item #3 Item Title Public Hearing for Comments on the 2014-15 Budget and Millages 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 budget is adopted second. Recommended Action N/A Financial Impact The District will generate a total of $66,296,189 from all mill levies, and the total Tentative Budget for 2014-15 is $312,462,943. Submitted By Dr. George F. Copeland, Assistant Superintendent for Business Affairs