Business Services Action Item

DATE:	Tuesday, September 19, 2017
TO:	School Board Members
FROM:	Jeff Eakins, Superintendent
SUBJECT / RECOMMENDATIONS
Final Public Hearing on the Millage Rates and Budget for the 2017/2018 Fiscal Year (FY) (Business Services Division) Adopt the Final 2017/2018 Millage Rates, as Presented Adopt the 2017/2018 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, 2017, the First Public Hearing was held to discuss and adopt the FY 2017/2018 proposed millage rates and tentative budget, as advertised in the Tampa Bay Times on Friday July 28, 2017.  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 2017/2018 is 6.5960 mills, the maximum rate allowed by law.
STRATEGIC OBJECTIVES
• Establish a strong foundation of financial stewardship
FINANCIAL IMPACT (Budgeted:  Yes)
The final 2017/2018 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, Manager of Services and Support, Budget

Gretchen Saunders		Dr. Alberto Vázquez
Chief Business Officer 813-272-4270		Chief of Staff (813) 272-4986
		D 01
Hillsborough County Public Schools (Florida) * Mtg.#20170919_819 (Board Meeting followed by Public Hearing) * Section D Item# 01