Business Services Action Item

DATE:	Tuesday, September 10, 2019
TO:	School Board Members
FROM:	Jeff Eakins, Superintendent
SUBJECT / RECOMMENDATIONS
Final Public Hearing on the Millage Rates and Budget for the 2019/2020 Fiscal Year (FY) (Business Services Division) Approve the Procedures for Lottery Funds Adopt the 2019/2020 Budget, as Presented Adopt the Final 2019/2020 Millage Rates, as Presented Approve the Resolution Adopting the Final Millage Rates and Budget Authorize staff to perform all tasks to insure compliance with F.S. 200.065 Truth in Millage (TRIM)
EXECUTIVE SUMMARY
On July 30, 2019, the First Public Hearing was held to discuss and adopt the FY 2018/2019 proposed millage rates and tentative budget, as advertised in the Tampa Bay Times on Friday July 26, 2019. 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 2019/2020 is 6.1290 mills, the maximum rate allowed by law.
STRATEGIC OBJECTIVES
• Establish a strong foundation of financial stewardship
FINANCIAL IMPACT (Budgeted:  Yes)
The final 2019/2020 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, General Manager, Budget, Cash Management, and Federal Finance

		Gretchen Saunders
		Chief Business Officer (813) 272-4270
		E 01
Hillsborough County Public Schools (Florida) * Mtg.#20190910_930 (Board Meeting followed by Public Hearing) * Section E Item# 01