|
 School Board of Clay County |
Review the 2018-2019 Final Millage, Rolled-Back Rate Calculation, and the 2018-2019 Budget (All Funds)
TRIM requires two public hearings from open discussion of millage rates and budgets of taxing authorities. The first substantive issue discussed by the governing body of taxing authority is the percentage increase or decrease in millage over the rolled-back rate necessary to fund the budget, if any, and the specific purposes for which as valorem tax revenues, are being increased or decreased.
The general public is allowed to speak and ask questions prior to adoption of any measures by the governing body. The millage rate is adopted first and budget is adopted second.
The total mill levy for the fiscal year 2018-2019 is 6.181 which is .98 percent less than the rolled-back rate.
N/A
2018-2019 Final Budget and Millage rates will be approved and executed in accordance with Florida Statutes.
The district ensures fiscal responsibility and equitable distribution of resources.
That the School Board of Clay County conduct a public hearing and adopt the 2018-2019 proposed millage rates and related resolutions 19-03.
|
Description |
Proposed Millage Levy |
Proposed Amount to be Raised |
|
Required Local Effort (RLE) |
3.933 |
$46,922,471 |
|
Basic Discretionary |
0.748 |
$ 8,923,979 |
|
Capital Outlay |
1.500 |
$17,895,679 |
|
TOTAL: |
6.181 |
$73,742,129 |
That the School Board of Clay County adopt the 2018-2019 final budget and the related resolution 19-04.
|
General Fund |
$312,814,767 |
|
Special Revenue |
$ 37,017,493 |
|
Debt Service |
$ 5,878,364 |
|
Capital Projects |
$ 42,850,040 |
|
TOTAL BUDGET: |
$398,560,663 |
Dr. Susan Legutko, Assistant Superintendent of Business Affairs
The District will generate a total of $73,742,129 from all mill levies. The total budget for 2018-2019 is $398,560,663.
Budget FInal ESE 139.pdf
2018-2019 Final Budget Summary.pdf