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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 No attachments available |