Business Services Action Item

DATE:	Tuesday, July 16, 2019
TO:	School Board Members
FROM:	Jeff Eakins, Superintendent
SUBJECT / RECOMMENDATIONS
Approve the Advertisement Framework for the 2019/2020 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)
EXECUTIVE SUMMARY
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. The current attachments utilize The Florida Education Finance Program Fiscal Year 2019/2020 Final Conference Report.
STRATEGIC OBJECTIVES
• Establish a strong foundation of financial stewardship
FINANCIAL IMPACT (Budgeted:  Yes)
EVALUATION
Monthly updates to be presented at the School Board meetings.
SUBMITTED BY:

Susan Garcia		Gretchen Saunders
General Manager, Budget, Cash Management, and Federal Finance 813-272-4064		Chief Business Officer (813) 272-4270
		C 6.08
Hillsborough County Public Schools (Florida) * Mtg.#20190716_927 (Board Meeting) * Section C Item# 6.08