Business Services Action Item

DATE:	Tuesday, September 11, 2018
TO:	School Board Members
FROM:	Jeff Eakins, Superintendent
SUBJECT / RECOMMENDATIONS
Final Public Hearing on the Millage Rates and Budget for the 2018/2019 Fiscal Year (FY) (Business Services Division) (Revised Executive Summary and revised attachment pages 4, 7, 25, 49, and 50) Adopt the Final 2018/2019 Millage Rates, as Presented Adopt the 2018/2019 Budget, as Presented Approve the Resolution Adopting the Final Millage Rates and Budget Approve the Procedures for Lottery Funds Authorize staff to perform all tasks to insure compliance with F.S. 200.065 Truth in Millage (TRIM)
EXECUTIVE SUMMARY
On August 1, 2018, the First Public Hearing was held to discuss and adopt the FY 2018/2019 proposed millage rates and tentative budget, as advertised in the Tampa Bay Times on Friday July 27, 2018.  In accordance with TRIM requirements, the Board must hold a Final Public Hearing 65-80 days after the Property Appraiser certifies the tax roll to allow for any public discussion. The proposed millage rate for 2018/2019 is 6.4140 mills, the maximum rate allowed by law. The revised agenda is due to student enrollment count, school day #20.
STRATEGIC OBJECTIVES
• Establish a strong foundation of financial stewardship
FINANCIAL IMPACT (Budgeted:  Yes)
The final 2018/2019 millage rates and budget will be established.
EVALUATION
Monthly Financial highlights will be presented monthly and Finance Committee notes will be shared.
SUBMITTED BY:  Susan Garcia, General Manager, Budget, Cash Management, and Federal Finance

		Gretchen Saunders
		Chief Business Officer (813) 272-4270
		D 01R1
Hillsborough County Public Schools (Florida) * Mtg.#20180911_898 (Board Meeting followed by Public Hearing) * Section D Item# 01R1