School District of Clay County Green Cove Springs, Florida

Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway Hearings for Special Actions regarding Students - 4:00 p.m. REGULAR MEETING - 7:00 P.M.

September 15, 2011 Regular Meeting with Public Hearing on Budget Agenda Item #7 Item Title Adopt the 2011-12 Discretionary Mill Levy Issue/Rationale In addition to RLE, districts may choose to levy an additional non-voted property tax.  The Legislature establishes the maximum millage that each district may levy.  Currently, the maximum allowed is 0.748 mills.  (The 0.748 Mill Compression shown previously is awarded to districts who do not generate at least 379.39 per student with the levy for 2011-12). Recommended Action Motion to adopt the discretionary mill levy of 0.748 which is (6.05) percent less than the rolled-back rate. Financial Impact The levy will generate $6,619,468 to Fund 100, and $6,902,889 in compression. Submitted By Dr. George F. Copeland, Assistant Superintendent for Business Affairs Attachment:  adopt-discretionary mill levy-20110902092530094.pdf