Action Item
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Operations
Action Item |
| DATE: | Tuesday, September 27, 2016 |
| TO: | School Board Members |
| FROM: | Jeff Eakins, Superintendent |
| SUBJECT / RECOMMENDATIONS | |
Approve the 2016/2017 Public Education Capital Outlay and Millage Projects |
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| EXECUTIVE SUMMARY | |
In 2015, the Florida legislature appropriated funds to support Public Education Capital Outlay (PECO). The District received an allocation of $3,496,051 for the 2015-16 fiscal year. District staff is projecting an allocation of $4,894,472 for 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 2016-17 projects identified on the attached sheets are the result of prioritizing recommendations from facility assessments, maintenance staff, Area Superintendents and individual schools. The Millage Funds are projected as $125,034,653. |
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| STRATEGIC OBJECTIVES | |
| • 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) | |
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The 2016-17 District Capital Outlay PECO Maintenance Fund allocation is $4,894,472. The 2016-17 Local Millage Assessment available for projects after prior obligations is $124,809,653. |
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| EVALUATION | |
| SUBMITTED BY:
Amber Dickerson Wheeler, Department Manager, Planning & Siting Lorraine Duffy Suarez, General Manager, Growth Management & Planning |
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| Christopher Farkas | Dr. Alberto Vázquez | |
| Chief Operating Officer, Operations Division 813-272-4004 |
Chief of Staff (813) 272-4986 |
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| C 7.03 | ||
| Hillsborough County Public Schools (Florida) * Mtg.#20160927_797 (Special Called Board Meeting) * Section C Item# 7.03 | ||