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Agenda Plus
School Board of Clay County
September 12, 2024 - Special Meeting (Public Hearing on the Budget)
Title
Adopt the 2024-2025 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 2.986 mills, which is 1.54 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 in the amount of $61,171,047.08 in Fund 100 (General Operating).
Review Comments
Attachments

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