Action Item
|
Operations
Action Item |
| DATE: | Tuesday, October 17, 2017 |
| TO: | School Board Members |
| FROM: | Jeff Eakins, Superintendent |
| SUBJECT / RECOMMENDATIONS | |
| Approve the Projected 2017-18 PECO and Millage Projects | |
| EXECUTIVE SUMMARY | |
In 2016 the Florida Legislature appropriated funds to support Public Education Capital Outlay (PECO). The District received an allocation of $4,894,472 for the 2016-17 fiscal year. The district staff is projecting an allocation of $3,436,612 for 2017-18 PECO funds.
Millage funds are received from local property tax assessments. Millage funds also provide payment for debt service, site and bus purchases, and other obligations. The 2017-18 projects identified on the attached sheets are the result of prioritizing recommendations from facility assessments, maintenance staff, Area Superintendents and individual schools. The total millage funds are projected as $135,631,170. |
|
| STRATEGIC OBJECTIVES | |
| • Engage and communicate with families and stakeholders • Establish a strong foundation of financial stewardship • Demonstrate "best practices" in all aspects of safety: student, employee, visitor, facility, transportation, and health • Construct and maintain facilities that create an environment conducive to teaching and learning | |
| FINANCIAL IMPACT (Budgeted: Yes) | |
| The 2017-18 District Capital Outlay PECO Maintenance Fund allocation is projected to be $3,436,612. The 2017-18 Local Millage Assessment projected to be available for projects after prior obligations is $45,308,124. | |
| EVALUATION | |
| SUBMITTED BY:
Amber Dickerson, Manager, Planning & Siting Lorraine Duffy Suarez, General Manager, Growth Management |
|
| Christopher Farkas | Dr. Alberto Vázquez | |
| Chief Operating Officer (813) 272-4004 |
Chief of Staff (813) 272-4986 |
|
| C 7.02 | ||
| Hillsborough County Public Schools (Florida) * Mtg.#20171017_822 (Board Meeting) * Section C Item# 7.02 | ||