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 #2 Item Title Review the Rolled-Back Rate Calculation and the 2011-12 Millages Issue/Rationale TRIM requires two public hearings for open discussion of rates and budgets of taxing authorities.  The first substantive issue discussed by the governing body of the taxing authority is the percentage increase or decrease in millage over the rolled-back rate necessary to fund the budget, if any, and the purposes for which ad valorem tax revenues, are being increased.  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 N/A Financial Impact To be determined. Submitted By Dr. George F. Copeland, Assistant Superintendent for Business Affairs Attachment:  reveiw the rolled back rate-20110902092435518.pdf