B7.11 - Approve Projected 2020/2021 PECO and Millage Projects (Operations Division)
The Florida Legislature has historically appropriated funds to support Public Education Capital Outlay (PECO). The District did not receive an allocation for the 2019/2020 fiscal year. Therefore, the District staff is not projecting an allocation of PECO funds for 2020/2021.
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 2020/2021 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 revenues are projected at $175,349,342.00.
* 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
Approve the Projected 2020/2021 PECO and Millage Projects
Amber Dickerson, General Manager, Growth Management, amber.dickerson@sdhc.k12.fl.us, 813-272-4896
No Capital Outlay PECO Maintenance Funds are anticipated to be allocated for 2020/2021. The 2019/2020 Local Millage Assessment projected to be available for projects after prior obligations is $80,158,600.00.