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| September 3, 2020 - Regular Meeting and Public Hearing on the 2020-2021 Budget | ||
| Title Adopt the 2020-2021 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 3.641 mills which is 2.44 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 $49,310,556 in Fund 100 (General Operating). | ||
| Review Comments | ||
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Attachments No attachments available |
