Action Item
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Operations
Action Item |
| DATE: | Tuesday, July 30, 2019 |
| TO: | School Board Members |
| FROM: | Jeff Eakins, Superintendent |
| SUBJECT / RECOMMENDATIONS | |
Approve the Projected 2019/2020 PECO and Millage Projects (Operations Division) |
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| EXECUTIVE SUMMARY | |
The Florida Legislature appropriates funds to support Public Education Capital Outlay (PECO). The District received an allocation of $3,547,878 for the 2018/2019 fiscal year. The district staff is projecting an allocation of $3,547,878 for 2019/2020 PECO funds.
Millage funds are received from local property tax assessments. Millage funds also provide payment for debt service, site and bus purchases, and other obligations. The 2019/2020 projects identified on the attached sheets are the result of prioritizing recommendations from facility assessments, maintenance staff, Area Superintendents and individual schools. The total millage funds are projected as $161,650,505. |
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| STRATEGIC OBJECTIVES | |
| • Establish a strong foundation of financial stewardship • Demonstrate "best practices" in all aspects of safety: student, employee, visitor, facility, transportation, and health • Construct and maintain facilities that create an environment conducive to teaching and learning | |
| FINANCIAL IMPACT (Budgeted: No) | |
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The 2019/2020 District Capital Outlay PECO Maintenance Fund allocation is projected to be $3,547,878. The 2018/2019 Local Millage Assessment projected to be available for projects after prior obligations is $65,082,409.
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| EVALUATION | |
| SUBMITTED BY: Amber Dickerson, General Manager, Growth Management | |
| Christopher Farkas | ||
| Deputy Superintendent (813) 272-4004 |
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| C 7.11 | ||
| Hillsborough County Public Schools (Florida) * Mtg.#20190730_928 (Board Meeting followed by Public Hearing) * Section C Item# 7.11 | ||