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Agenda Plus
School Board of Clay County
July 20, 2021 - School Board Special Meeting
Title
Advertisement for the 2021-2022 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 the 2021-22 Budget Summary, the Notice of Tax for School Capital Outlay, and the Notice of Proposed Tax Increase.

Gap Analysis

N/A

Previous Outcomes

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

Expected Outcomes

Approval of the required advertisements to be published as required by the 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 2021-2022  tentative budget and proposed levies as follows: 

   Tentative   Millage Levy  Proposed Amount to be Raised
 Required Local Effort including Prior   Period Funding Adjustment  3.527  $50,766,730

 Discretionary Operating

 0.7480  $ 10,766,519
Additional Voted Millage  1.0000  $14,393,742
 Capital Outlay  1.5000  $21,590,614
 Totals Proposed  6.775  $97,517,605

B.  That the Clay County School Board authorize publication of legal notices and advertisement of a public hearing to be held on July 27, 2021, 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 22, 2021.

 

Contact
Dr. Susan Legutko, Assistant Superintendent for Business Affairs; susan.legutko@myoneclay.net; 904-336-6721
Financial Impact
The proposed levies will generate approximately $97,517,605. School Districts are required to budget no more than 96% of the proposed revenue generated which equates to $93,616,901.
Review Comments
Attachments
2021-2022 Budget Summary.pdf
NOTICE OF PROPOSED TAX INCREASE2021.pdf
NOTICE OF TAX FOR SCHOOL CAPITAL OUTLAY 2021.pdf