Green Cove Springs, Florida
Agenda Item #8
Item Title
Adopt the 2008-09 supplemental discretionary mill levy
Issue/Rationale
If the district chooses to levy the Discretionary Local Effort Millage, it is also eligible to levy an additional non-voted discretionary property tax of up to 0.25 mills in order to produce a maximum of $100 per FTE. (The .25 Mill Discretionary Equalization shown previously is to districts who do not generate at least $100 per student with the levy for 2008-09.)
Recommended Action
Motion to adopt the supplemental discretionary mill levy of 0.250 which is (0.004) percent less than the rolled-back rate.
Financial Impact
The levy will generate $2,625,832 to fund 100.
Submitted By
Dr. George F. Copeland, Assistant Superintendent for Business Affairs