Agenda Plus
School Board of Clay County
July 23, 2018 - School Board Special Meeting
Title
Advertisement for the 2018-2019 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 2018-2019 tentative budget and proposed levies as follows:  

   Tentative   Millage Levy  Proposed Amount     to be Raised
 Required Local Effort including Prior   Period Funding Adjustment  3.933  $46,922,471

 Discretionary Operating

 0.7480  $ 8,923,979
 Capital Outlay  1.5000  $17,895,679
 Totals Proposed  6.181  $73,742,129

The total millage rate to be levied is greater than the roll-back rate by 0.98 percent.

B.  That the Clay County School Board authorize publication of legal notices and advertisement of a public hearing to be held on July 31, 2018, 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 26, 2018.

 

Contact
Dr. Susan Legutko, Assistant Superintendent for Business Affairs; susan.legutko@myoneclay.net; 904-336-6721
Financial Impact
The proposed levies are approximately $73,742,129 and are critical for the ongoing operation of the district.
Review Comments
Attachments
AMENDED NOTICE OF TAX FOR SCHOOL CAPITAL OUTLAY 2016-17.pdf
AMENDED NOTICE OF TAX FOR SCHOOL CAPITAL OUTLAY 22016-17.pdf
NOTICE OF PROPOSED TAX INCREASE2018.pdf
NOTICE OF TAX FOR SCHOOL CAPITAL OUTLAY 2018.pdf
2018-19 Budget Summary-AD.pdf