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 18, 2014 - Regular Meeting with Public Hearing on the Budget
Agenda Item #8


Item Title
Adopt the 2014-15 Local Capital Improvement Fund Mill Levy

Issue/Rationale
1.500 Mill Levy - Section 1011.71(2), F.S., for new construction and modeling, maintenance, renovations and repairs of existing school plants or leased facilities; the purchase, lease-purchase of lease school buses or new replacement equipment, payments for educational facilities.

Recommended Action
Motion to adopt the capital improvement fund mill levy of 1.500 mills which is 2.54 percent more than the rolled-back rate.

Financial Impact
This levy will generate $13,769,682 to Fund 300.

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