09-04-2014 Final Public Budget Hearing
Agenda Item #5


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

Discussion

Florida Statute 200.065 requires each taxing authority levying millage to publicly state the name of the taxing authority, the rolled-back rates, the percentage of change from the rolled-back rate, and the millage rate to be levied prior to the adoption of the millage levy resolution.
In compliance with those requirements the following needs to be stated:
Taxing Authority The School Board of Brevard County, Florida
2014-15 Rolled-back Rates Required Local Effort 5.1026
Local Discretionary 0.7123
Capital Outlay 1.4285
Total Rolled-back Rate 7.2434
Millage rate to be levied exceeds the
rolled-back Rate by:

1.32%

Proposed 2014-15 Millage Rates Required Local Effort 5.091
Local Discretionary 0.748
Capital Outlay 1.500
Total 7.339



Recommendation


Meeting Date(s)
Public Hearing - 9/4/2014

Authority for Action
FS 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 Budgeting, Cost Accounting & FTE, ext. 610.

Judy R. Preston, Associate Superintendent of Financial Services, ext. 600.