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July 21, 2020 - School Board Special Board Meeting | ||||||||||||||||||
Title Advertisement for the 2020-2021 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 2020-21 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 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 2020-2021 tentative budget and proposed levies as follows:
B. That the Clay County School Board authorize publication of legal notices and advertisement of a public hearing to be held on July 28, 2020, 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 23, 2020.
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Contact Dr. Susan Legutko, Assistant Superintendent for Business Affairs; susan.legutko@myoneclay.net; 904-336-6721 | ||||||||||||||||||
Financial Impact The proposed levies will generate approximately $93,379,919. School Districts are required to budget no more than 96% of the proposed revenue generated which equates to $89,644,722. | ||||||||||||||||||
Review Comments | ||||||||||||||||||
Attachments NOTICE OF PROPOSED TAX INCREASE 2020.pdf 2020-21 BUDGET SUMMARY-AD.pdf NOTICE OF TAX FOR SCHOOL CAPITAL OUTLAY 2020_1.pdf |