Agenda Plus
School Board of Clay County
July 20, 2017 - Special School Board Meeting
Title
Advertisement for the 2017-2018 Tentative Budget and Millages
Description

Following the review of the Tentative Budget and Millages, the School Board will be asked to approve the Advertisement for Notice of Tax for School Capital Outlay which will also include a Notice of Budget Hearing.

Gap Analysis

N/A

Previous Outcomes

Prior Advertisements, Tentative Budget and proposed levies have been approved, executed in accordance with Florida Statutes.

Expected Outcomes

The advertisement will be published as required by Florida Statute.

Strategic Plan Goal

The District ensures fiscal responsibility and equitable distribution of resources.

Recommendation

A.  That the Clay County School Board accept the advertisement for the proposed 2017-2018 tentative budget and proposed levies as follows:

  Tentative Millage Levy Proposed Amount to be Raised
Required Local Effort including Prior Period Funding Adjustment 4.1900 $46,715,185
Capital Outlay 1.5000 $16,723,813
Discretionary Operating 0.7480 $ 8,339,608
Totals Proposed 6.8020 $71,778,606

The total millage rate to be levied is less than the roll-back rate by 0.47 percent.

B.  That the Clay County School Board authorize publication of legal notices and advertisement of a public hearing to be held on August 1, 2017, at 5:01 p.m. on the proposed millage rates and the tentative budget in accordance with Sections 200.065 (2),(3),(10), 1011.71, 1011.03 Florida Statutes.  The notices and advertisements will appear in The Clay Today on Thursday, July 27, 2017.

 

Contact
Dr. Susan Legutko, Assistant Superintendent for Business Affairs; susan.legutko@myoneclay.net; 904-336-6722
Financial Impact
The proposed levies are approximately $71.7 Million and are critical for the ongoing operation the district.
Review Comments
Attachments
AMENDED NOTICE OF TAX FOR SCHOOL CAPITAL OUTLAY 2017.pdf
NOTICE OF BUDGET HEARING 2017.pdf
NOTICE OF TAX FOR SCHOOL CAPITAL OUTLAY 2017 (1).pdf
2017-18 schoolbudgetsummary.pdf