Hillsborough County Public Schools Business
Action Item

DATE: Tuesday, July 31, 2007
TO: School Board Members
FROM: MaryEllen Elia, Superintendent

SUBJECT / RECOMMENDATIONS

First Public Hearing on the Millage Rates and Tentative Budget for Fiscal Year 2007-2008 (Business Division) Revised Attachment

The following action is recommended:

  1. Adopt the 2007-2008 Millage Rates as Presented.
  2. Adopt the FY 2007-2008 Tentative Budget.
  3. Approve the Resolution Adopting the Budget.
  4. Approve the Policies and Procedures for Lottery Funds.
  5. Authorize Staff to Perform all Tasks to Ensure Compliance with F.S. 200.065 Truth in Millage (TRIM).
  6. Announce That the Final Public Hearing Will Be Held Thursday, September 6, 2007, at 5:01 p.m.
    at 901 E. Kennedy Boulevard, Raymond O. Shelton School Administrative Center (ROSSAC).

EXECUTIVE SUMMARY

On July 17, 2007, the School Board approved the advertisement of the FY 2007-2008 proposed millage rates and tentative budget on Saturday, July 28th, in the Tampa Tribune.

In accordance with the TRIM requirements, the School Board must hold a public hearing within five (5) days of the advertisement to discuss the following items and allow for any public discussion.

The proposed millage rate is 7.5230, the maximum rate allowed by law.

ANNUAL DISTRICT GOAL(S) AND CRITICAL SUCCESS FACTOR(S)

This action is required to comply with the TRIM requirements of Section 200.065, Florida Statutes.

FINANCIAL IMPACT (Budgeted: Yes)

EVALUATION

SUBMITTED BY:

Susan Garcia
Manager, Services and Support, Budget
(813) 272-4064 		Gretchen Saunders
Chief Business Officer
(813) 272-4270
C 01R
Hillsborough County Public Schools (Florida) * Mtg.#20070731_262 * Section C Item# 01R