School District of Clay County
Green Cove Springs, Florida
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway Hearing for Special Actions Regarding Students - 4:00 p.m. REGULAR MEETING - 7:00 p.m.
September 17, 2009 Regular Meeting with Public Hearing on Budget
Agenda Item #11


Item Title
Adopt the 2009-10 capital improvement fund mill levy

Issue/Rationale

1.500 Mill Levy - Section 1011.71(2), F.S. for new construction and remodeling, maintenance, renovations, and repairs of existing school plants or of leased facilities; the purchase, lease-purchase or lease of school buses or new and replacement equipment; payments for facilities and sites an amount equal to three-fourths of the proceeds from the millage; payment of costs of leasing relocatable educational facilities.



Recommended Action

Motion to adopt the capital improvement fund mill levy of 1.50 which is (19.50) percent less than the rolled-back rate.

 



Financial Impact
This levy will generate $14,991,354 to Fund 300.

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


Attachment:  CapitalImprovementFundMillLevy20090909160004529.pdf