Business Services Item

DATE:	Tuesday, July 28, 2020
TO:	School Board Members
FROM:	Addison Davis, Superintendent
SUBJECT / RECOMMENDATIONS
<p>First Public Hearing on the Millage Rates and Tentative Budget for the 2020/2021 Fiscal Year (<em>Finance Division</em>)</p>
EXECUTIVE SUMMARY
<p>On Tuesday July 7, 2020, the Board approved the advertisement template for the 2020/2021 fiscal year to include proposed millage rates and tentative budget to print Sunday, July 26, 2020, in the Tampa Bay Times.&nbsp;</p> <p>In accordance with the Truth in Millage (TRIM) requirements, the Board must hold a public hearing within five days of the advertisement to discuss the following items and allow for any public discussion.&nbsp;</p> <p>The proposed millage rate is 5.9670, the maximum rate allowed by law.&nbsp;</p>
STRATEGIC OBJECTIVES
<p>• Establish a strong foundation of financial stewardship</p>
FINANCIAL IMPACT (Budgeted:  No)
EVALUATION
SUBMITTED BY:  Susan Garcia, General Manager, Budget, Cash Management, and Federal Finance, susan.garcia@hcps.net, (813) 272-4064

		Gretchen Saunders
		Chief Financial Officer (813) 272-4270
		E 01
Hillsborough County Public Schools (Florida) * Mtg.#20200728_1007 (Board Meeting followed by Public Hearing) * Section E Item# 01