09-06-2018 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 rage to be levied prior to the adoption of the millage levy resolution.

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

Taxing AuthorityThe School Board of Brevard County, Florida
2018-19 Rolled-back Rates
Required Local Effort4.0240
Local Discretionary0.6968
Capital Outlay1.3972
Total Rolled-back Rate6.1180
Millage rate to be levied exceeds the Rolled-back Rate by:2.96%
Proposed 2018-19 Millage Rates
Required Local Effort4.051
Local Discretionary0.748
Capital Outlay1.500
Total Rolled-back Rate6.299


Recommendation


Meeting Date(s)
Consent w/o Information - 9/6/2018

Authority for Action
FS 1001.42

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

Legal Counsel Review
No

Contact

Karen Strickland, Director, Budgeting, Cost Accounting & FTE, ext. 610

Pennie L. Zuercher, Chief Financial Officer, ext. 600