School District of Clay County
Green Cove Springs, Florida
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway SPECIAL MEETING - 7:00 p.m.
September 6, 2012 Special Meeting
Agenda Item #6


Item Title
Adopt the 2012-13 Required Local Mill Levy

Issue/Rationale

The District's Required Local Effort (RLE) is from the gross calculation of Florida Education Program (FELP) dollars.  Millage rates are also adjusted because required local effort may not exceed 90 percent of a district's total FEFP entitlement.  In order to received state funding, school districts must levy the local property tax millage set by the legislature.



Recommended Action
Motion to adopt the required local effort mill levy of 5.323 mills which is (6.04) percent less than the rolled-back rate.

Financial Impact
Revenue to adopt the required local effort mill levy is in the amount of $45,963,261 in Fund 100.

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


Attachment:  Review Roll Back 20120828094546717.pdf