School District of Clay County
Green Cove Springs, Florida
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway Hearings for Special Actions regarding Students - 4:00 p.m. REGULAR MEETING - 7:00 P.M.
September 15, 2011 Regular Meeting with Public Hearing on Budget
Agenda Item #9


Item Title
Adopt the 2011-12 Capital Improvement Fund Mill Levy

Issue/Rationale

1.500 Mill Levy - Section 1011.71(2), F.S. for new construction and remodeling, maintenance, renovations, and repairs of existing school plants or of leased facilities; the purchase, lease-purchase or lease of school buses or new and replacement equipment; payments for facilities and sites an amount equal to three-fourths of the proceeds from the millage; payment of costs of leasing relocatable educational facilities.



Recommended Action
Motion to adopt the capital improvement fund mill levy of 1.50 which is (6.05) percent less than the rolled-back rate.

Financial Impact
This levy will generate $13,274,333 to Fund 300.

Submitted By
Dr. George F. Copeland, Assistant Superintendent for Business Affairs


Attachment:  adopt-capital improvement fund mill levy-20110902092542229.pdf