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Agenda Plus
School Board of Clay County
August 1, 2023 - Special Meeting (Public Hearing on the 2023-2024 Tentative Budget)
Title
Adopt the 2023-2024 Required Local Effort Millage Levy
Description

The District's Required Local Effort (RLE) is based on the gross calculation of Florida Education Program (FEFP) dollars.  Millage rates are also adjusted because required local effort may not exceed 96 percent of a district's total FEFP entitlement.  In order to receive state funding, school districts must levy the local property tax millage set by the Legislature.  

Gap Analysis
Previous Outcomes
Expected Outcomes
Strategic Plan Goal

The District ensures fiscal responsibility and equitable distribution of resources.

Recommendation

Motion to adopt the required local effort mill levy of 3.171 mills which is 7.43 percent more than the rolled-back rate.

Contact
Dr. Susan Legutko, Assistant Superintendent for Business Affairs
Financial Impact
Revenue to the District from the required local effort mill levy is $52,497,383 in Fund 100 (General Operating).
Review Comments
Attachments

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