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 #6 Item Title Adopt the 2011-12 Required Local Effort Mill Levy Issue/Rationale The district's Required Local Effort (RLE) is subtracted from the gross calculation of Florida Education Program (FEFP) 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 district's must levy the local property tax millage set by the Legislature. Recommended Action Motion to adopt the required local effort mill levy of 5.479 which is (4.13) percent less than the rolled-back rate. Financial Impact Revenue to the District in the amount of $48,486,712. Submitted By Dr. George F. Copeland, Assistant Superintendent for Business Affairs Attachment:  adopt-required local mill levy-20110902092504950.pdf