|DATE:||Tuesday, July 18, 2017|
|TO:||School Board Members|
|FROM:||Jeff Eakins, Superintendent|
|SUBJECT / RECOMMENDATIONS|
|Approve the Advertisement Framework for the 2017/2018 Fiscal Year Proposed Millage Rates, Tentative Budget, Notice of Budget Hearing/Proposed Tax Increase, and Notice of Tax for School Capital Outlay; and Allow Staff to Make Modifications as Updated Information is Received from Tallahassee (Business Services Division) Revised Attachment|
|Per Section 200.065 Florida Statues, the Superintendent is required to submit a tentative budget to the Board within 24 days of certification of taxable value per Florida Department of Revenue Truth in Millage (TRIM) timetable.
The TRIM process informs taxpayers and the public about the legislative process which determines local ad valorem (property) taxes. Florida State laws provide for public input and for governing bodies of taxing authorities to state specific reasons for proposed changes in taxes and the budget.
Attachments will be provided to the Board upon release from the Department of Education Florida Education Finance Program Second Calculation (FEFP).
|• Establish a strong foundation of financial stewardship|
|FINANCIAL IMPACT (Budgeted: Yes)|
|Monthly updates to be presented at the School Board meetings.|
|Gretchen Saunders||Dr. Alberto Vázquez|
|Chief Business Officer
|Chief of Staff
|Hillsborough County Public Schools (Florida) * Mtg.#20170718_816 (Board Meeting) * Section C Item# 6.02R|