09-03-2009 Final Budget Hearing
Agenda Item #5


Title
Publicly State the Name of the Taxing Authority and Millage Rates

Discussion

Florida Statue 200.065 requires each taxing authority levying millage to publicly state the name of the taxing authority, the roll-back rate, the percentage of change from the roll-back rate, and the millage rate to be levied prior to the adoption of the millage levy resolutions.

In compliance with those requirements the following needs to be stated:

Taxing Authority: The School Board of Brevard County,
Florida
2009-10 Roll-back Rates: Required Local Effort 5.9448
Local Discretionary 0.7780
Capital Outlay 1.9903
Total Roll-back Rate 8.7131
Percent Less Than the Roll-back Rate: 11.8%
Proposed 2009-10 Millage Rates: Required Local Effort 5.189
Local Discretionary 0.748
Critical Needs (Operating) 0.250
Capital Outlay 1.500
Total 7.687



Recommendation


Meeting Date(s)
Consent w/o Information - 9/3/2009

Authority for Action
F.S. 200.065

Involves Expenditure of Funds Directly in the Classroom
No

Source of Funding
Agenda Item will not Require the Expenditure of Funds

FY
Amount
Budgeted
Fund
Cost Center
Project
Function
Object
Program

Contact

Karen Strickland, Director of Planning, Budgets & Reporting, ext. 610.

Judy Preston, Associate Superintendent for Financial Services, ext. 600.