Agenda Plus
School Board of Clay County
September 8, 2016 - Special Meeting (Public Hearing on the Final 2016-2017 Budget)
Title
Adopt the 2016-2017 Required Local Effort Mill Levy
Description

The District's Required Local Effort (RLE) is from the gross calculation of Florida Education Program (FEFP) dollars. Millage rates are also adjusted because required local effort may not exceed 90 percent of a district's total FEFP emtitlement. In order to receive state funding, school districts must levy the local property tax milage set by the legislature.

Recommendation

Motion to adopt the required local effort mill levy of 4.5140 mills which is -4.25  percent less than the rolled-back rate.

Contact
Dr. Susan Legutko, Assistant Superintendent for Business Affairs
Financial Impact
Revenue to adopt the required local effort mill levy is in the amount of $45,412,465 in Fund 100.
Review Comments
Attachments

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