School District of Clay County Green Cove Springs, Florida

Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway TIME: 7:00 p.m.

September 6,2007 Special Meeting Agenda Item #7 Item Title Adopt the 2007-08 discretionary mill levy Issue/Rationale In addition to RLE, districts may choose to levy an additional non-voted property tax.  The Legislature establishes the maximum millage that each district may levy.  Currently, the maximum allowed is 0.51 mills.  (The .51 Mill Compression shown previously is awarded to districts who do not generate at least $336.23 per student with the levy for 2007-08.) Recommended Action Motion to adopt the discretionary mill levy of 0.510 which exceeds the rolled-back rate by 8.97 percent. Financial Impact The levy will generate $5,166,427 to fund 100. Submitted By Dr. George F. Copeland, Assistant Superintendent for Business Affairs