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| July 30, 2024 - School Board Special Meeting (Public Hearing on the 2024-2025 Tentative Budget) | ||
| Title Adopt the 2024-2025 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 Goal 5: Ensure fiscal responsibility through the effective management of district operations in an effort to maximize available resources necessary to provide an environment that is safe, efficient, and conducive to learning. | ||
| Recommendation Motion to adopt the required local effort mill levy of 2.986 mills, which is 1.54 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 $61,171,047 in Fund 100 (General Operating). | ||
| Review Comments | ||
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Attachments No attachments available |
