B7.02 - Approve 2020/2021 PECO and Millage Projects (Operations Division)

The Florida Legislature has historically appropriated funds to support Public Education Capital Outlay (PECO).  No PECO funds were allocated to the District 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, Region Superintendents and individual schools.  The total millage revenues are projected at $175,992,252 for 2020/2021.

The millage funds are based on property taxes, so fluctuations are based on the overall assessments.  PECO funds are allocated by the FDOE, and no funds have been allocated this year.  

The millage projection last year was $162,676,797, and no PECO funds were allocated.

The projected millage is $175,992,252 for 2020-2021.  No PECO funds are projected.  

* Construct and maintain facilities that create an environment conducive to teaching and learning

* Establish a strong foundation of financial stewardship

* Engage and communicate with families and stakeholders

Approve 2020/2021 PECO and Millage Projects.

Amber Dickerson, General Manager, amber.dickerson@hcps.net, 813.272.4896

No Capital Outlay PECO Maintenance Funds are allocated for 2020/2021.  The 2020/2021 Local Millage Assessment projected to be available for projects after prior obligations is $79,055,840.