HCPS FL Logo Business
Action Item
DATE: Tuesday, July 31, 2012
TO: School Board Members
FROM: MaryEllen Elia, Superintendent
SUBJECT / RECOMMENDATIONS

First Public Hearing on the Millage Rates and Tentative Budget for 2012/2013 Fiscal Year (Business Division)

The following action is recommended:

  1. Adopt the 2012/2013 Millage Rates as presented.
  2. Adopt the 2012/2013 Fiscal Year Tentative Budget.
  3. Approve the Resolution Adopting the Budget.
  4. Approve the Policies and Procedures for Lottery Funds.
  5. Authorize Staff to Perform All Tasks to Ensure Compliance with F.S. 200.065 Truth in  Millage (TRIM)
  6. Announce the Final Public Hearing will be Held at 5:01 p.m. on Tuesday, September 11, 2012, at 901 East Kennedy Boulevard, Raymond O. Shelton School Administrative Center (ROSSAC).
EXECUTIVE SUMMARY
On Tuesday, July 17, 2012, the School Board approved the advertisement of the 2012/2013 Fiscal Year proposed millage rates and tentative budget to print on Friday, July 27, 2012, in the Tampa Tribune.

In accordance with the TRIM requirements, the School Board must hold a public hearing within five (5) days of the advertisement to discuss the following items and allow for any public discussion.

The proposed millage rate is 7.8770, the maximum rate allowed by law.
STRATEGIC OBJECTIVES
• Demonstrate best financial practices
FINANCIAL IMPACT (Budgeted:  Yes)
EVALUATION
SUBMITTED BY: 
Susan Garcia   Gretchen Saunders
Manager of Services and Support, Budget
(813) 272-4064		   Chief Business Officer
(813) 272-4270
    E 01R
Hillsborough County Public Schools (Florida) * Mtg.#20120731_510 (Board Meeting) * Section E Item# 01R